The National Basketball Association (NBA) is a professional basketball league founded on June 6, 1946 and based in New York. Formerly known as the ABA, it is an active organization and operates within the sports industry, particularly basketball. The NBA is recognized by FIBA, the International Basketball Federation.
The league has teams from two countries: Canada and the United States. Its current CEO is Adam Silver. Some of the key figures in the NBA's history include Michael Jordan, LeBron James, Kobe Bryant, Wilt Chamberlain, Allen Iverson, Stephen Curry, Charles Barkley, Kevin Durant, and James Harden.
The NBA owns several properties such as NBA TV, the Three-Point Contest, and the NBA Store. The league operates under the North American Industry Classification System (NAICS) code 711211 and is classified as an instance of an organization.