The business model was structured so that teams entering the initial season did not have to pay an entrance fee of $100,000 and that all travel would be covered by the League.

Former Houston Rockets point guard and current NBA on TNT analyst Kenny Smith was the league's first commissioner.

[8] On June 5 another team with an ABA history, the Augusta Groove, joined the league, but from the Continental Basketball Association.

The Battle Creek Knights, the Wilmington Sea Dawgs and the Lawton-Fort Sill Cavalry would not return for the 2010 season.

[17] In January, the Vermont Frost Heaves abruptly announced the cessation of operations and their players were dispersed via a draft.

Also, Chattanooga, Tennessee, Hershey, Pennsylvania, and Madison, Wisconsin were named as cities pending approval for expansion teams.

[28] Prior to the start of the season, the defending champions, the Central Illinois Drive, ceased operations, but were then rebooted as the Bloomington Flex.

On 21 September 2013, the PBL announced the first of what is expected to be up to six expansion teams, with the Lima Express signing to play for the 2014 season, which will begin in January.

On 12 November 2013, the PBL announced the addition of the Pee Dee Vipers, an expansion team based in Florence, South Carolina.

[32] The Rochester RazorSharks won the 2015 PBL Championship, winning the first two games in a best-of three series against the Lake Michigan Admirals.

Championship Series (Best 2 of 3) Lake Michigan Admirals (2) vs Rochester RazorSharks (1) Rochester wins PBL Championship series 2 games to 0 Many new franchise additions occurred in the 2015 off-season including the Jamestown Jackals, Kentucky Mavericks,[33] Western New York Thundersnow, and the return of the Danville Riverhawks.

[33] In addition, the PBL gained a new Southeast Conference which includes six members of the Tobacco Road Basketball League: Cary Invasion, Charlotte Elite, Durham Legacy, Huntersville HoopForLyfe, Raleigh Revolt, and the Wilmington Sea Dawgs.