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Krunk announces new co-owner

July 7, 2005 - American Basketball Association (ABA)
Charlotte Krunk News Release


Charlotte, NC. The ABA Charlotte Krunk professional basketball team has announced an alliance with celebrity sports agent Glenn Toby, CEO of Total Entertainment Athlete Management, Inc. Mr. Toby will hold an undisclosed interest in the team and will act as VP of Operations, a post that will focus on business development for the Krunk. Mr. Hughes stated, "It's obvious why we would seek out a partner such as Mr. Toby with the success he has had in sports and entertainment throughout his career."

Glenn Toby is also the Founder of The Book Bank Foundation, Inc., a literacy program that utilizes creative resources in order to get young men and women excited about reading and thinking. Since its creation, The Book Bank Foundation has influenced the lives of over 100,000 children nationwide. Toby's foundation also has an annual holiday clothing drive at America's oldest homeless shelter, The Bowery Mission in New York City.

Glenn Toby (a.k.a. Queens NYC rap legend Sweety "G"), www.glenntoby.com and Charlotte Krunk founder and co-owner Duane "Spyder" Hughes, www.spydmusic.com (who is also a rap pioneer from the same Hollis, Queens roots as Mr. Toby), said, "What I'd like to make clear though is my commitment to children, through the Book Bank Foundation and the Charlotte Krunk organization."

Duane Hughes also stated, "As a single parent, I understand how hard it can be for people to make ends meet. Our children usually have to suffer from lack of resources. I want to help minimize that "lack of" syndrome through this fine platform that Mr. Toby has established. I am now truly blessed to have a professional basketball team from which I can use as a platform to have a positive effect on the lives of people."

He added, "That's a blessing and a responsbility I take very seriously. We will donate portions of the money raised during this season through the Book Bank Foundation, Inc to help alleviate parents in the Charlotte and surrounding communities from not having enough of what their kids need to get good grades in school. Whether it be books, decent clothes, or what have you, I will be enlisting others who also are more fortunate, to join me in reaching towards those who have less as well. The Charlotte community will understand that we truly are "their team" by out heartfelt dedication to this commitment we are announcing today."

For more information, visit www.thebookbankfoundation.com, email flyspy60@yahoo.com, visit www.charlottekrunkbasketballcentral.com or www.abalive.com or call 404 713 6205.

Note: OurSports Central no longer actively covers the American Basketball Association (ABA) as a professional league due in part to its inability to publish and play a schedule and the transitory nature of many of its teams. For information on professional minor leagues, please see OSC's basketball section.



American Basketball Association Stories from July 7, 2005


The opinions expressed in this release are those of the organization issuing it, and do not necessarily reflect the thoughts or opinions of OurSports Central or its staff.

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