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Venezuela's pending FIBA bid a concern for USA hoops

Updated: October 10, 2006, 11:31 PM ET
By Andy Katz | ESPN.com

FIBA Americas gave Venezuela one last shot to come up with a suitable financial package by Monday to beat out Las Vegas or San Juan in order to host the Beijing 2008 Olympic qualifying tournament next August.

FIBA Americas announced on its web site late Tuesday night that the executive committee declined to accept the Venezuelan Federation's original bid to host the 2007 FIBA Americas Championship, an event that has taken on a higher profile after the U.S. and Argentina failed to earn the ...

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