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Battle4Atlantis basketball tourney tops preseason events

George Markantonis, president and managing director of the Atlantis Paradise Island megaresort says that the Battle4Atlantis basketball tournament is “the richest preseason tournament" bar none, according to The Washington Post. 

The Washington Post
Wednesday, December 5, 2012
Wednesday, December 5, 2012

PARADISE ISLAND, Bahamas — The man who runs the resort that stages the Battle 4 Atlantis is ready to make his tournament the best of the preseason college events.

“This is the richest preseason tournament. Period,” said George Markantonis, President and Managing Director of the Atlantis megaresort. “Most tournaments don’t pay the schools anything. Nothing. Nada. All they do is give them a hotel room and their 22 seats of airfare. We knew there was no way we would be able to convince teams that it’s just better in the Bahamas, even if we got that NCAA exemption. There was no way we could just convert a ballroom into a basketball court and say: Trust us. So what you really need is a bit more firepower.”

This is an excerpt from The Washington Post as it appeared on December 5, 2012. For updates or to read the current version of this post in its entirety, please click here.

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December 3, 2012, Standard & Poor's Rating Services placed its 'B-' issuer credit rating on South American shipping company Ultrapetrol (Bahamas) Ltd, despite an agreement with Southern Cross Group that may result in a $220-million capital injection into the company.

The oil leak from a Mediterranean Shipping Company vessel was contained quickly and will result in no environmental damage, according to Minister of Transport and Aviation Glenys Hanna-Martin. Pictured: Glenys Hanna-Martin, Minister of Transport and Aviation and Port Controller Patrick McNeil. (BIS Photo/Kristaan H.A. Ingraham)

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