That may be the case but, off the court, Basketball Auckland raised serious questions about the league's financial model when it withdrew the defending champion Pirates. Basketball Auckland chairman Chris Ford said at the time the financial risks for the union were too high to support a team, but he did hint at potential backers "coming out of the woodwork" when the withdrawal was made public.
That has proven to be the case with Stead confirming the Pirates have moved away from Basketball Auckland and will operate independently under new ownership, the identity of whom is set to be announced on Monday.
The Pirates were one of seven teams to go on hiatus or withdraw from the competition in recent seasons and Ford said, with many teams walking a financial tightrope, something had to change if the league is to flourish.
"It is what it is at the moment, until such time that Basketball New Zealand wants to take a deep dive into the league and understand its financial viability a bit better," he said. "It's definitely got a future in some form - we need a premier competition - but the format of which still has some questions around it that have to be resolved at some point."
Rossiter-Stead disagreed with the dire forecast and said the NBL is as healthy as it has been since the clubs assumed control from Basketball New Zealand in 2008.
"That was [Basketball Auckland's] own financial position but, in terms of the league generally, it's never been in a healthier state. Crowds are increasing year on year. When the current board took the NBL over there was a $200,000 deficit, and we've recorded a small surplus in each of the last four years."
With basketball in New Zealand on a high following the success of the Breakers in the Australian NBL, Rossiter-Stead believed the league was in a good position to tap into a growing fanbase.
"We've got Tab Baldwin back coaching in the league this year, and guys like Pero Cameron and Paul Henare. It's going to be a very competitive league, which is fantastic." APNZ