As written on the inscription, the monument is dedicated to the members of the Yugoslavia national basketball team which qualified for the 1950 FIBA World Championship in Argentina. Four players from this team became members of the FIBA Hall of Fame: Nebojša Popović, Aleksandar Nikolić, Radomir Šaper and Borislav Stanković. The sculpture was built on the initiative of the former basketball player Nataša Kovačević. The monument was designed by sculptor Radoš Radenković, symbolizes "fight for global affirmation" and represents three stylized arms reaching for a basketball.