Nick's new business venture

Nick Lachey and BFF AJ Discala are among a group of celebrities who are venturing into the business of basketball. Lachey and Discala, along with a few famous friends and sports celebs, announced the formation of a new basketball team called the Hollywood Fame. The star-owned team is part of the expanding American Basketball Association, and will launch its first season in November. "We're excited about the Hollywood Fame bringing highly skilled basketball players to the fans of Los Angeles," Discala said Tuesday. "We are creating a unique family entertainment option at affordable prices."

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