Canberra team could make NBL return within two years

Larry Kestelman confirmed Canberra could be back in the NBL within two years. Steve Bell/Getty Images

Canberra could be set to make its return to the NBL within two years, league owner Larry Kestelman confirmed.

Between 1979 and 2003, the Canberra Cannons played in the NBL, winning three championships in 1983, 1984, 1988.

Kestelman, who returned from the nation's capital this week, confirmed the city has the infrastructure and potential to re-join the league.

"We stand ready and willing to issue a licence for an 11th team, should the conditions be suitable and a stadium upgraded to be of 'NBL standard'," said Kestelman. "With the right government support, we can redevelop AIS Arena and bring it up to the modern standards expected by our teams and players, and of course our fans.

"Two years is an aggressive timeline, but no different to what we achieved in Tasmania with the incredibly successful redevelopment of MyState Bank Arena.

"The Tasmania JackJumpers have provided the blueprint for Canberra's NBL return. AIS Arena is in a very similar condition to what MyState Bank Arena was when we began those redevelopments, and we are very confident we will replicate that success in Canberra."