Top-flight basketball is returning to Birmingham after a sports consultancy company was awarded a franchise to run a BBL team in the city from 2012.
Birmingham has hosted top-flight teams twice before, with the Bullets folding in 2006 and the Panthers going out of business two years later.
BBL chairman Paul Blake said: "Birmingham is synonymous with some of the biggest games in the BBL calendar.
"We are confident the franchise will develop into a significant player."
Mark Walker, of Oaks Consultancy, said: "The club will have a strong community ethos and work will be starting immediately in this area through an extensive community programme.
"We recognise that a significant amount of basketball is already ongoing in the city and are looking forward to working alongside the existing basketball stakeholders."