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Former Connecticut men’s basketball coach Kevin Ollie will be the head coach for Overtime Elite, a new professional basketball league for top high school players ranging from 16 to 18 years old, Ollie announced Monday.

Overtime Elite has a plan to offer a six-figure financial package that includes academic tutoring and a year-round training program. The league will target the nation’s top talent – likely three-, four- and five- star recruits. Players would be able to profit from the revenue associated with name, image and likeness for customized jerseys, trading cards and NFTs (non-fungible tokens such as videos). 

“I’m ready to get back to what I was born to do: empowering and encouraging and supporting young people, and helping them grow,” Ollie said in a statement. “There’s no better place for me to do that than OTE, an extraordinary league for extraordinary young men. I consider it my mission to help these elite athletes realize their dreams.”

If high school players join Overtime Elite, they’d lose their NCAA college eligibility. But they’d be…