In 1992 the Venezuelan national team had participated in the 1992 Summer Olympics in Barcelona, Spain. This had brought increased interest to basketball in Venezuela, and started a clash between the teams of the Liga Especial and the Basketball Federation for the division of broadcasting rights. This led to the creation of the "Liga Profesional de Baloncesto" (Professional Basketball League), which was a league owned by the teams and not under the direct control of the Federation. The first president was Tulio Capriles.