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The Big3 wasn't supposed to last. Ice Cube proved them wrong

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The Big3 wasn't supposed to last. Ice Cube proved them wrong

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668 segments

0:03

Welcome to new episode of Power Players

0:05

and I am so excited for my next episode

0:08

here on the pod. It is with businessman,

0:10

musician, entertainer, frankly icon. And

0:14

that's Ice Cube, the one and only. Good

0:15

to see you.

0:16

>> Good to see you, too, man.

0:18

>> I uh

0:19

I can't believe I thought it was 9 years

0:21

that you launched Big 3.

0:24

You told me it was 10. It feels like

0:26

yesterday. I

0:28

What has it been like building this

0:29

league? We just got news on you now

0:32

looking to take it public. This must be

0:33

a surreal moment for you.

0:35

>> Very.

0:36

It's been a labor of love.

0:39

You know,

0:40

I love basketball.

0:42

And

0:44

always have a hangover after the NBA

0:46

finals. So, I'm always like, I want

0:49

more. I need more. And um

0:52

So, this is a league was started for

0:53

guys like me and sports fans like me,

0:56

basketball fans like me. So, um

1:00

it feels great to be able to accomplish

1:02

this

1:03

uh for basketball fans.

1:06

You know, it's not really about me.

1:09

You know, I could have probably had

1:11

these guys play

1:13

in my backyard for a lot less money.

1:15

>> [laughter]

1:19

>> This is really for the world and um

1:21

creating it and growing it and now that

1:23

the

1:24

the public can grow with the league and

1:28

you know,

1:29

and really participate in the upside of

1:32

what we're building

1:35

as a sports fan is great.

1:37

>> Yeah, there's so

1:39

Well, first of all, I remember when you

1:40

when you launched this and I'm like,

1:43

holy that makes a lot of sense.

1:45

Like, why can't this be part of the How

1:47

could they they didn't think of this?

1:48

Like, this is such a such a good idea.

1:51

Like, how did you

1:53

I mean, one, how did you identify that

1:55

there was a market for this? And then

1:57

number two, like what was that What was

1:58

that first 6 months like trying to get

2:00

something like this off the ground?

2:03

>> Um I didn't find a market. I just know

2:06

my love of basketball and how much

2:09

three-on-three I play, you know, I end

2:11

up

2:12

you know, if you really think about it,

2:14

most people play more three-on-three

2:16

than they do five-on-five.

2:18

And so

2:20

looking at it around the world,

2:22

three-on-three is more popular than

2:24

five-on-five in a lot of places. So

2:29

you know, I looked around and said, "Why

2:30

nobody professionalized it?" I mean

2:33

I looked at what FIBA was doing.

2:36

You know, it's good, but it still feels

2:38

like a amateur

2:39

backyard playground sport.

2:42

But what we're doing,

2:44

um

2:44

we elevated it to the professional level

2:48

and um attracted some of the biggest

2:50

names in basketball.

2:52

And so that's been fun and amazing.

2:56

And um

2:58

you know, we got something that people

2:59

want.

3:01

It is It's not as hard. Now, the first 6

3:03

months

3:04

were crazy cuz we thought

3:06

everybody was going to come running.

3:09

You know, we had a lot of cachet. You

3:11

know, having players like Allen Iverson

3:13

in the mix.

3:15

You know, um so

3:17

that didn't happen. You know, people

3:18

don't invest in first-year leagues too

3:21

much cuz they always fold.

3:24

And so uh

3:26

you know, we had to overcome

3:29

you know, the obstacles of doubt.

3:32

>> You know, as someone that has known so

3:33

much success over so many

3:36

decades, was it frustrating to hear no

3:39

or not get a call back on something you

3:42

are so clearly passionate about?

3:46

>> Yeah, you know, you

3:48

like

3:50

I'm a creator, artist.

3:52

You know, I do my thing.

3:54

Um

3:56

raising money is is

4:00

>> It's something else.

4:01

>> It's another, you know, it's another

4:03

thing.

4:04

Um

4:06

you know, rich people are very more

4:07

picky than poor people

4:10

>> [laughter]

4:10

>> when it comes to

4:12

you know, um what they want to get a

4:14

part of.

4:15

You know, and so it wasn't easy to get

4:18

people to

4:19

see the vision.

4:21

But I knew if you didn't see the vision,

4:23

you're probably not going to be a great

4:25

partner.

4:26

>> Mhm.

4:26

>> And if you did see the vision,

4:29

that's who I want on my team

4:31

because you know, we're going to do what

4:33

it takes to

4:35

to make it work. Um so

4:38

you learn, you know, I learned a lot of

4:39

lessons about that part of uh

4:43

you know, investments and

4:45

and trying to get something new off the

4:48

ground.

4:50

>> Why

4:52

why go public now instead of trying to

4:54

raise more money just to stay in

4:55

private?

4:57

>> Because if you, you know, continue on

4:59

the same route,

5:02

we're going to have a league

5:04

just full of billionaires, like league

5:07

you know, team owners and

5:10

it's going to be the same group of guys

5:12

getting in on the action, which is fine.

5:16

I don't mind, but we want to make sure

5:18

the little guys can get in on it, too.

5:20

You know, not just the guys with the

5:23

super deep pockets, but guys who um you

5:26

know,

5:28

sports fans want to grow with the

5:29

league.

5:31

They understand this league can be

5:32

around for a long time and as we grow,

5:35

they grow, and I giving them a shot at

5:38

it. Um

5:40

was appealing to me, you know, as a guy

5:42

who's a

5:43

been a sports fan forever. And um

5:47

you know, this this is going to be a

5:49

dream come true for a lot of people.

5:51

>> I love hearing that story cuz at the

5:52

rate we're going, all sports teams are

5:55

going to be owned by

5:57

tech executives.

5:58

That's where all this is going. Like

6:00

this is this is crazy. It's crazy.

6:02

>> nothing wrong with nothing wrong with

6:04

that, but at the end of the day, you

6:06

know, we want to give everybody a shot

6:08

at the growth of this league. You know,

6:10

they've been a part of it.

6:12

You know, our ratings are

6:14

better than MLS and NHL and

6:18

we want to continue that. We want people

6:20

to feel like they could be a part of it

6:22

without just buying a ticket or buying

6:24

merch or

6:26

you know, betting on the games. You

6:28

know, that's cool. We we we want people

6:30

to actually

6:32

you know, be enthusiastic about the

6:34

growth of this league.

6:36

>> So that the IPO is expected to happen

6:38

late this year. Have you chosen a an

6:39

exchange yet? The New York Stock

6:41

Exchange, Nasdaq?

6:43

>> Uh I believe I believe it's going to be

6:46

on the stock exchange.

6:47

>> Okay. Do they You know, in the lead up

6:50

to this

6:51

um you're going to have to meet more

6:52

investors, the company's going to go

6:53

public, you got to sell them on your

6:56

vision, etc. What is the Big 3 today?

6:58

Like what does the business look like?

7:00

>> You know, we we own all our our media,

7:02

all our sponsorships, partnerships. You

7:06

know, that's grown the league. Um you

7:08

know, the big the big thing is the media

7:11

rights deal. Um

7:13

and

7:15

it's it's you know, we've been in talks

7:17

with

7:18

different

7:19

um

7:20

different platforms.

7:22

Uh right now we're on CBS.

7:25

Um but, you know, we have games that are

7:27

not on CBS that we want to put on a

7:30

major platform.

7:32

You know,

7:34

if we stay on the path that we're on,

7:37

you know, we're going to you know, end

7:39

up taking a deal,

7:40

a multi-year deal that um

7:44

might not be right but might be

7:46

financially right. You know, by by doing

7:49

it this way

7:51

we can be a little picky. We can

7:54

um make sure that the deal is perfect

7:57

for the league

7:59

and uh do it for the right reasons

8:01

and not just do it because

8:04

um you know, we have to

8:06

to uh you know, make sure that we have

8:09

you know, financial um capital to to

8:12

keep it rolling. So

8:15

we want to you know

8:17

make smart deals for the right reasons.

8:19

This will allow us to do that and grow

8:22

at at the correct rate and not

8:26

and not try to grow, you know, too fast

8:28

with the wrong platform.

8:30

>> Sure. Are you going to be are you going

8:32

to be CEO of the company? That still

8:33

stays intact?

8:36

>> I am for now, you know, um

8:38

we find somebody uh that you know, ready

8:41

to take the reins

8:43

you know, this is this is not an easy

8:46

um thing to maneuver.

8:48

>> Sure.

8:49

>> You have a lot different high

8:52

uh

8:53

you know, high-profile personalities

8:56

uh that we have to navigate

8:58

um sometimes it takes a high-profile

9:01

person to do that.

9:02

>> Mhm.

9:03

>> Uh

9:03

and so

9:05

>> Well, you're high-profile. I'm with I I

9:07

need to hear you on an earnings call.

9:08

Like I please don't go anywhere. Like

9:10

don't hand over any reins. Like I need

9:12

to like

9:13

>> Uh I don't

9:13

>> I don't plan to

9:14

>> All right, thank you. Thank you.

9:16

>> to see this to to the end.

9:19

Uh you know, but

9:21

you know, we we we want the best man in

9:24

in every job. You know, I'm always be

9:26

the

9:27

you know, frontrunner as far as the

9:29

evangelist for the league. It you know,

9:32

it takes somebody like me. Um

9:35

you see, you know, what Dana White has

9:36

to do to to keep his league going.

9:40

Uh Vince McMahon for years, you know,

9:43

led, you know, out front now is uh

9:45

you know, Triple H, but

9:48

yeah, you you got to lead from the

9:50

front.

9:51

>> It is a it's an amazing time to be

9:54

innovating in sports. I see what you're

9:56

doing here at Big 3. I was talking to

9:58

Shaq on what he's about to launch with

10:00

Dunk Man. I even see the growth in

10:02

pickleball. And a lot of these games tie

10:04

back to like you know, pickleball with

10:06

tennis, uh you with the NBA,

10:09

uh Dunk Man with the with the NBA. Like,

10:10

what are some of these major leagues not

10:13

not getting about their own sport and

10:15

their own fan experience?

10:19

>> Uh you know, I think

10:21

a lot of those big leagues,

10:24

you know, they feel like if it ain't

10:26

broke, don't break it. So, they

10:29

you know, they they carry it with

10:31

you know, with with uh you know, very

10:34

gingerly.

10:35

You know, they don't want to mess with

10:37

nothing that's not what they consider

10:39

broken. Um

10:41

but fans want more. They want um to be

10:45

included and not just be spectators.

10:49

Uh with the Big 3, there's a there's a

10:52

huge um

10:55

uh there's a huge opportunity when it

10:59

comes to youth sports uh to get kids

11:02

playing three on three at the rec league

11:04

level. We've partnered with RCX,

11:08

one of the biggest in the business when

11:10

it comes to youth sports. So, you know,

11:12

that's a that that's giving three on

11:15

three a bigger footprint with the youth,

11:18

um playing organized um three on three

11:22

the Big 3 fireball style. And so,

11:26

you know, things like that, um expanding

11:29

internationally. You got the World Cup

11:31

going on now. We want the big cup one

11:34

day.

11:34

>> Mhm. The best on three

11:36

um leagues in the world, best on three

11:39

players in the world competing in a

11:41

major tournament for the world. So,

11:45

you know, we have a a global view a

11:48

vision of the league.

11:50

And um

11:51

you know, when you break it down,

11:54

there's three things that work all over

11:55

the world.

11:57

Soccer,

11:58

basketball,

12:00

and uh boxing or MMA fighting.

12:03

Uh and so,

12:05

you know, basketball

12:08

three on three works everywhere on the

12:09

globe.

12:10

>> What's the uh you know, I've been

12:12

watching the your league for I mean,

12:14

really almost since it started. And when

12:16

I watch it, uh what catches me is how

12:19

fast-paced it is. I mean, not that the

12:21

NBA that's the moving slow, but there's

12:23

just something very interesting and

12:25

compelling to watch what you're doing.

12:26

Not unlike I've I've also been watching

12:28

and gotten into a cell GP. Uh that

12:31

growth in that sport has been through

12:32

the through the roof as well. And their

12:33

graphics on screen are very engaging,

12:35

they're colorful, they move fast. But in

12:37

your view, like what makes three on

12:39

three so popular?

12:43

>> It's our style of play.

12:45

Um it's a real mano y mano game.

12:49

And you have to have

12:52

all around basketball skills to be

12:55

a successful in three on three.

12:57

Uh you got to be able to pass, dribble,

12:59

shoot, and defend.

13:01

You can't just be a specialist, you

13:03

know, being a three-point guy

13:06

or rebound guy or defensive guy is not

13:09

going to help you in the Big Three.

13:11

You got to be able to do it all.

13:13

And it's a sprint.

13:15

It's first to 50 win. So, there's no

13:19

there's no um time out, you know, it's

13:22

like a drag race compared you know, to a

13:27

you know, um they turn it 500. It's 500

13:30

laps. Not 500 laps, you know, it's first

13:33

to 50.

13:35

It's no garbage minutes cuz there are no

13:37

minutes.

13:38

But there is a shot clock that's 14

13:40

seconds. So,

13:42

got to get the shot up. And

13:44

it's you know, makes for very fast all

13:48

out um

13:51

game where guys can't take a you can't

13:53

take a possession off.

13:55

>> What is uh what really caught my

13:56

attention here is that you have

13:59

you have Dr. J

14:00

uh what coaching a team and you got

14:02

Clyde Drexler as your commissioner. Like

14:05

what is it like working with two icons

14:08

in this sport?

14:10

>> Uh basketball heaven.

14:12

Um

14:13

Dr. J been with us nine years as a

14:16

coach. Uh that's that's incredible. And

14:20

uh having Clyde there for eight years. I

14:24

mean nine years. One he was a coach for

14:26

one year, but then he became the

14:28

commissioner.

14:30

And um it's been a dream. You know, they

14:33

you know, basketball

14:35

royalty, you know, Hall of Famers who

14:39

um

14:40

teaching us how to

14:42

treat the athletes better than they were

14:44

treated. Uh and

14:47

and you know, we we listen to those guys

14:49

and we respect them. We've named our

14:52

trophy the

14:53

the Julius Dr. J Erving trophy cuz he

14:58

deserves a championship trophy named

15:00

after him.

15:02

Uh he's won he's won in every league but

15:04

the Big Three. So,

15:06

>> [laughter]

15:07

>> he made it to the championship, but uh

15:09

he got to win it this year.

15:10

>> It says so much about I think what you

15:12

have built that those two Hall of Famers

15:16

basically got in on the ground floor

15:17

with you.

15:19

>> They're still here.

15:20

>> And still here.

15:21

>> Um

15:22

>> That's important, you know, that shows

15:25

they wouldn't be still here if we was

15:26

putting together something that

15:29

that wasn't worth their time and effort.

15:32

And that was great for basketball.

15:35

And so,

15:36

you know, I respect those guys so much.

15:39

And

15:39

I feel blessed to be able to work with

15:41

them.

15:42

And

15:43

just to be able to hang with them and

15:44

hear those stories.

15:46

>> What um what role did sports play for

15:48

you growing up?

15:52

>> Everything, you know, it teaches you how

15:54

to

15:55

take accountability.

15:57

Um

15:59

I remember the first time I played

16:01

football

16:02

and you know, not even

16:05

and in a game, but in practice,

16:08

you know, you put on that helmet, you

16:09

strap it on,

16:11

and it's just you out there, you know.

16:13

Big brother, daddy, mama, nobody can

16:16

help you out there. It's just you. It's

16:18

your number.

16:19

And people going to know if you messed

16:21

up. So,

16:24

it teaches you

16:26

how to work as a team, accountability,

16:29

uh giving up your all,

16:31

uh understanding you can't do it all by

16:34

yourself.

16:36

Um

16:37

and just, you know,

16:39

and and in the game there's even more

16:41

pressure. So,

16:42

it is really a a great

16:45

it's a great thing to go through as a

16:46

kid

16:48

to be able to, you know, go from a boy

16:50

to a man

16:52

through sports.

16:53

>> Mhm. You know, you have so many

16:54

different facets to your career. I'm

16:56

talking to you as the CEO of a of a

16:59

company that's about to go public in Big

17:00

3, but I grew up on a personal level

17:02

listening to your music and watching

17:04

your movies. So, I mean, you're you just

17:06

announced, I think I got through it, the

17:08

next Last Friday is in development. Like

17:11

I'm a fan of that franchise. What took

17:12

so long?

17:15

>> Ask Warner Brothers and New Line and

17:18

>> Yeah.

17:19

>> Now, the leadership that was there at

17:21

the time

17:23

didn't see the vision, didn't see how

17:24

much this meant to the audience. Maybe

17:27

they did, but they were dragging their

17:29

feet on on on doing the movie.

17:32

And so, it took took new leadership who

17:37

understood the franchise and what it

17:39

means to people

17:41

who uh

17:42

who ready to promote it in a major way.

17:45

So,

17:46

you know,

17:47

I'm glad that Mike De Luca's there and

17:50

you know, he's

17:51

ready to go.

17:53

>> Do you say Hollywood underestimated you?

17:55

And it's crazy for me to even ask you

17:57

that because you have the numbers to

17:58

back it up. I Every

18:01

I look at this, I look at Jump Street,

18:03

uh which I want to mention in a in a

18:04

second a little more, but all of these

18:06

have been hits.

18:08

>> Yeah.

18:10

Um

18:11

No, I mean, some of them, you know, a

18:13

few of them

18:14

but most of them haven't. Yeah.

18:17

Uh

18:18

But, you know, Hollywood

18:20

no matter how big your movie is,

18:24

you know, when you're going in there

18:26

with something new, you're starting from

18:28

the bottom again working your way to the

18:30

top. And uh then they decide to do

18:33

sequels and then they give you a call

18:35

and

18:36

you tell them, "I told you it was a

18:37

hit."

18:38

>> [laughter]

18:39

>> Is is is Jump Street in Have you started

18:42

that? Is that Is that confirmed? Like,

18:44

where does that stand?

18:45

>> It's coming together.

18:46

>> Okay.

18:47

>> Um everybody has agreed to do it.

18:50

So, it's really about, you know, finding

18:52

the exact time and moment where

18:55

everybody's free

18:56

and then you and then go for it.

18:59

>> Do you feel like what is the pressure to

19:01

continue to make

19:03

these hits? You know, after the first

19:05

uh iterations of of, you know, Jump

19:08

Street success, uh the Friday series is

19:10

uh very serious uh success. Like do you

19:13

feel pressure that

19:14

like holy what if this is not a

19:16

hit? Like what goes through your head?

19:18

>> Uh, you know, you want to make a movie

19:20

that to me that can stand stand on its

19:23

own.

19:24

That doesn't have to rely on

19:27

the movies that come before it.

19:30

So, with something like Friday which I

19:32

have control of

19:34

um

19:35

you know, it's going through Cube

19:36

Vision.

19:38

You know, Jump Street is uh Jonah Hill.

19:41

You know, that's that's his thing and

19:44

Neal Moritz and those guys. So,

19:46

you know, I'm

19:47

I'm on the team with that.

19:49

Uh, but but with with something like uh

19:52

you know, the Friday movie, it's all

19:54

about making a

19:57

a individually funny movie that can

19:59

stand on its own for this day and time.

20:02

That's fun, you know, so

20:04

it if it make me laugh, I think it

20:07

>> [laughter]

20:07

>> I think you know,

20:09

I think it's going to make everybody

20:11

laugh.

20:11

>> After uh after all these years of

20:14

creating all this music um that's

20:16

defined generations, movies that have

20:18

defined generations, like what keeps you

20:20

motivating uh motivated just to

20:23

continue to do what you're doing whether

20:24

it's music, movies, or be the CEO of a

20:26

company?

20:27

>> Uh, I love what I do.

20:29

You know, love to uh

20:32

create at this level.

20:35

Um

20:36

you know, there's no bigger uh canvas

20:41

for artists than a

20:42

than a movie screen. Um so,

20:46

you know, it's it's creating at the

20:48

level that I want to be and

20:51

um

20:52

pretty good at it, you know,

20:54

self-taught.

20:55

So, you know, I really um

20:59

you know, want to keep it going and want

21:00

to keep giving people the stuff they can

21:01

enjoy.

21:03

Um

21:04

pass the time, you know, escape from

21:07

from their reality and

21:10

and um

21:11

feel good about it and be able to enjoy

21:13

it over and over again.

21:15

>> You know, I've had uh some cool

21:16

conversations the past month or so with

21:18

will.i.am,

21:20

Wyclef, and I asked them all this one

21:21

question. I want to ask it to you. You

21:23

had to explain the relevance

21:25

of your music um some of the early stuff

21:29

after all of these years to this

21:30

generation. I mean, I look at will.i.am

21:31

what he's done. I look at Wyclef. I

21:33

mean, titans in their own right. Look

21:35

what you've done, titan in your own

21:37

right. And a lot of this music is as

21:39

relevant today as it was when you

21:41

released it. And people absolutely love

21:43

it and relate to it. Like, how do you

21:44

explain that?

21:47

>> I think we make movie music that you

21:49

feel and not just hear. So,

21:54

is is that's the thing. You got to

21:57

you got to penetrate the ears

22:00

and um make it to the heart. And so,

22:04

if you make it to the heart, people love

22:06

it forever. Uh and so, we try to

22:09

we try to make music that people can

22:10

feel and not just hear.

22:14

>> Are you still You have a new album

22:16

coming out?

22:18

>> I've dropped a few last few years. I

22:20

dropped Man Down

22:22

>> Mhm.

22:22

>> 24. I dropped Man Up in 25.

22:26

I'm always in the lab

22:28

cooking it up.

22:30

Um

22:31

and after we finish working on this

22:32

Friday movie, I'm going to be

22:34

dropping more music.

22:36

>> Wow. How is the process different for

22:38

you than when you first started?

22:41

>> Less people in the studio.

22:43

>> [laughter]

22:43

>> Yeah, now it's all machines, right? It's

22:45

like machines and like AI agents and all

22:47

this other crap.

22:48

>> Yeah, it's less

22:50

less equipment, less people.

22:53

Um

22:55

back then it was so many distractions,

22:58

you know, outside of just making the

23:00

music and

23:01

I like making the music now. I don't

23:03

need

23:04

the distractions. I had enough of that.

23:07

>> I'm sure. Um well, I wish you much

23:09

success

23:10

with taking Big 3 public. Um please let

23:13

us know when that day is here. I would

23:14

love to talk to you on whatever

23:16

exchange, you know, we're here in New

23:17

York City. I would love to uh interview

23:19

the CEO of Big 3. I hope that's still

23:21

you. Don't be going anywhere.

23:22

>> It's going to be me.

23:23

>> Okay, it's going to be you.

23:24

>> It's going to be me, you know, uh I'm

23:25

planning to go nowhere anytime soon.

23:28

>> All right, good. We'd love to see it.

23:29

And uh I look forward to continuing to

23:31

uh follow your journey. I appreciate it.

23:32

Big fan of the sport.

23:35

>> Appreciate it, man. Thank you.

23:36

>> Thank you.

23:36

>> Take it easy.

23:37

>> All right, that's it for the latest

23:38

episode of Power Players. Do stick

23:40

around.

Interactive Summary

In this episode of Power Players, Ice Cube discusses his journey in founding and growing the BIG3 basketball league, emphasizing his goal to democratize team ownership by taking the league public. He explains the unique, fast-paced nature of three-on-three basketball and addresses his ongoing work in film, specifically confirming the development of the next 'Friday' movie and 'Jump Street' projects. Ice Cube also reflects on his enduring career in music and sports, highlighting his passion for authentic creation.

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