### FIBA: Revolutionizing the World of Basketball
FIBA, the global governing body for basketball, stands as an independent association representing 212 National Basketball Federations worldwide. Recognized as the sole competent authority in basketball by the International Olympic Committee (IOC), FIBA operates as a non-profit organization with no focus on economic gains.
Since its establishment in 1932, FIBA has been instrumental in shaping the landscape of basketball on a global scale. The organization administers the prestigious FIBA Basketball World Cup every four years and establishes the Official Basketball Rules, equipment specifications, and internal executive regulations for international and Olympic competitions.
FIBA also plays a crucial role in overseeing the appointment of international referees, regulating player transfers between countries, and governing all international basketball competitions. The influence and impact of FIBA resonate across the entire spectrum of the sports industry, shaping the future of basketball on a global stage.
FIBA's commitment to the development and regulation of basketball aligns with the core values of integrity, excellence, and inclusivity, driving the sport towards new heights of success and accessibility. With a rich legacy and a steadfast focus on global impact, FIBA continues to shape the world of basketball and inspire generations of athletes, enthusiasts, and stakeholders worldwide.
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