The EBKL is a long time running progressive league with a solid foundation of owners who have all been around for a long time.  It is a standard progressive with single seasons moving forward.  We are currently headed into the 1995-96 season.  Other rules are:
No salary cap or salary minimum.
May keep 0-12 players every season.
May only trade picks in the next Draft. (May trade after the completion of a Draft even if it's before the season starts.)
All non-Playoff teams in a weighted Draft Lottery for the 1st 3 picks. Remaining are by record, with all non-Playoff teams before all Playoff teams.
Lottery "winners" Draft according to record after 1st round.
"Tanking" (via underusing rostered players or not using available 1-1-1-A-A Rookies) is highly discouraged, and owners will be handled accordingly.

It features many of the top owners in SimLeague Basketball along with some lively banter.  Additionally, both teams available have a really nice base to build from.  I will post there current keeper information below.

Temporary Keeper List; Former Biloxi Franchise:

Row Labels	Count of Season	Min of Year Start	Sum of Salary	Average of Salary	Sum of MP/82	Sum of PTS/82	Average of eFG%	Average of TRB%	Average of Defense
Biloxi	79	1995	$263,600,522	$3,336,715	1,518	611.5	49.0%	9.0	51
Alonzo Mourning	11	1995	$49,809,016	$4,528,092	220	116.6	52.2%	15.5	82
Vin Baker	10	1995	$42,799,442	$4,279,944	241	112.9	48.2%	12.8	39
Wesley Person	10	1995	$40,363,290	$4,036,329	231	90.0	53.9%	6.8	50
George Lynch	10	1995	$28,671,509	$2,867,151	183	49.8	44.6%	12.4	55
Hersey Hawkins	6	1995	$28,183,690	$4,697,282	148	54.4	51.7%	6.8	60
Lucious Harris	10	1995	$22,237,443	$2,223,744	157	56.3	45.8%	6.3	41
Malik Sealy	5	1995	$16,955,681	$3,391,136	108	43.4	44.2%	7.6	48
Rex Chapman	5	1995	$15,741,476	$3,148,295	99	43.6	46.9%	4.9	39
Steve Kerr	8	1995	$15,371,371	$1,921,421	101	33.6	54.5%	4.2	38
Kevin Edwards	4	1995	$3,467,604	$866,901	32	10.9	42.7%	5.0	52

Biloxi also has Magic Johnson back for this season
Needs one pick

Temporary Keeper List; Former Austin Franchise:

Row Labels	Count of Season	Min of Year Start	Sum of Salary	Average of Salary	Sum of MP/82	Sum of PTS/82	Average of eFG%	Average of TRB%	Average of Defense
Austin	52	1995	$195,199,947	$3,753,845	1,105	497.8	47.6%	8.7	49
Grant Hill	14	1995	$74,364,629	$5,311,759	368	184.1	49.1%	10.7	54
Allan Houston	10	1995	$51,305,226	$5,130,523	302	155.9	49.5%	4.9	33
Derrick Coleman	9	1995	$29,999,581	$3,333,287	163	72.5	44.8%	15.1	53
Derek Harper	4	1995	$15,941,330	$3,985,333	97	33.9	51.6%	5.2	60
Randy Brown	6	1996	$10,695,678	$1,782,613	79	19.7	43.3%	6.1	67
Tim Legler	3	1995	$4,778,130	$1,592,710	30	11.2	45.7%	4.9	27
Kenny Smith	2	1995	$3,902,382	$1,951,191	29	10.7	53.9%	3.4	30
Doc Rivers	1	1995	$1,945,624	$1,945,624	15	3.8	45.3%	6.2	78
Antonio Harvey	1	1995	$1,262,041	$1,262,041	10	2.5	37.1%	14.5	84
Jeff Malone	1	1995	$610,578	$610,578	6	2.3	48.9%	4.4	29
Kevin Duckworth	1	1996	$394,748	$394,748	5	1.3	47.8%	11.2	31

Duckworth and Brown on the IR. Needs three picks.

Both of these available teams have great young talent to build around.  This is a terrific progressive league with a dedicated core of veteran owners.  Check it out!

I'd like to take Biloxi

Awesome.  You got it.  Thanks scottyboy.  Currently, our threads are in the Theme Leagues forum.

Austin is likely to have a very high pick in this year's draft, which includes Garnett, Rasheed, Finley, McDyess, Stackhouse, etc.

Austin has the fourth pick in the draft.  Someone scoop them up and you can build around a core of Grant Hill, Allan Houston, Derrick Coleman and someone from the Wallace, Finley, McDyess, Stackhouse and Stoudamire group.  That is a lot of awesome seasons left.  Hill averages 8.1 million over the next five season, Allan Houston 6, Coleman 4.8 for the four season after this one...

what the hell, i'll bite on this one - give me austin

Awesome.  You have the fourth pick in the draft, which has not officially started (although people started making picks).  See the thread in the Theme Leagues forum.  Both scottyboy and imahobbit...  just keep an eye on your SM boxes for when we send out league updates, draft info, league numbers, etc.