SECURITIES AND EXCHANGE COMMISSION
                           Washington D.C. 20549


                                FORM 10-QSB

               QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)
                 OF THE SECURITIES EXCHANGE ACT OF 1934


For the Three Months Ended                              Commission File Number
    November 30, 2002                                          1-15913


                  UNITED STATES BASKETBALL LEAGUE, INC.
                            46 Quirk Road
                      Milford, Connecticut 06460
                         Tel: 203-877-9501


       Delaware                                           06-1120072
(State of Incorporation)                    (I.R.S. Employer Identification No.)



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months, and (2) has been subject to such filing
requirements for the past 90 days. Yes x   No
                      ---------




As of January 6, 2003, the latest practicable date, there were 3,485,502 shares
of Common Stock, $.01 par value per share issued and outstanding.



<PAGE>



                   UNITED STATES BASKETBALL LEAGUE, INC.


                                INDEX

                                                                           PAGE

PART I.           FINANCIAL INFORMATION

Item 1.           Unaudited Financial Statements:

Balance Sheets - November 30, 2002
and February 28, 2002. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3


Statements of Operations for the
Three Months and Nine Months Ended
November 30, 2002 and 2001 . . . . . . . . . . . . .  . . . . . . . . . . . . .4

Statement of Stockholders' Deficiency for
the Nine Months Ended November 30, 2002  . . . . . . . . . . . . . . . . . . . 5

Consolidated Statements of Cash Flows for the
Nine Months Ended November 30, 2002 and 2001. . . . . . . . . . . . . . . . . .6

Notes to Consolidated Financial Statements . . . . . . . . . . . . . . . . . 7-9


Item 2.  Management's Discussion and Analysis of
         Financial Condition and Results of Operations . . . . . . . . .   10-12


Item 3   Controls and Procedures . . . . . . . . . . . . . . . . . . .  . . . 12

PART II.  OTHER INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . 12


                                    2

<PAGE>




                       UNITED STATES BASKETBALL LEAGUE, INC.
                                BALANCE SHEETS

                                       November 30,                February 28,
                                           2002                        2002
                                         --------                --------------
     ASSETS                                                        (Unaudited)
    ------

CURRENT ASSETS:
         Cash                       $       6,771             $        5,893
         Due from affiliates              386,380                    364,692
         Inventory                         33,617                     30,651
         Other current assets                 600                      5,300
                                     ---------------           ----------------
         Total current assets             427,368                    406,536

EQUIPMENT, net                              -0-                        2,462
                                    -----------------          ----------------
                                    $     427,368             $      408,998
                                      =============             ===============


LIABILITIES AND STOCKHOLDERS' DEFICIENCY

CURRENT LIABILITIES:
Accounts payable and accrued expenses  $   82,958            $        61,241
Due to affiliates                         261,867                    219,367
         Loans payable - stockholders     279,674                    271,564
                                        --------------            -------------
Total current liabilities                 624,499                    552,172
                                       --------------            -------------

STOCKHOLDERS' DEFICIENCY
Common stock, $0.01 par value
30,000,000 shares authorized;
3,485,502 shares issued
and outstanding                            34,855                     34,855

Preferred stock $0.01 par value
2,000,000 shares authorized;
1,105,679 shares issued and
outstanding                                11,057                     11,057

Additional paid-in-capital              2,627,192                  2,627,192
  Deficit                              (2,827,781)                (2,773,824)
  Treasury stock, at cost;
  39,975 shares                           (42,454)                   (42,454)
                                     ----------------          ----------------
Total stockholders' deficiency           (197,131)                  (143,174)
                                     ----------------          ----------------

                                  $       427,368            $       408,998
                                      ===============           ===============



                                         See notes to financial statements

                                                         3
<PAGE>
<TABLE>
<CAPTION>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                      UNITED STATES BASKETBALL LEAGUE, INC.
                         STATEMENTS OF OPERATIONS
                                 (Unaudited)

                          Three Months Ended                  Nine Months Ended
                       November 30,      November 30       November 30    November 30
                           2002             2001               2002           2001

REVENUES
Initial franchise fees   $ 60,000         $20,000           $160,000       $170,000
Annual franchise fees      24,406          71,935            216,944        187,212
Sponsorship/Advertising    10,000            -0-              86,000         65,000
Other                       5,221           6,302             22,230          9,875
                         --------         -------            -------        -------
                           99,627          98,237            485,174        432,087
                         --------         -------            -------        -------

OPERATING EXPENSES:
Consulting                 19,030           5,900           132,403         111,984
Team expenses              11,873            -0-             56,802          80,248
Referees                    6,894            -0-             79,901          40,990
Advertising                 1,436           1,510            54,257          23,761
Salaries                   14,700          17,525            44,046          40,525
Travel                      4,362           6,356            60,459          36,325
Depreciation                 -0-            1,614             2,462           4,842
Professional fees          15,974           2,700            22,374           5,840
Asset Impairment             -0-          100,000              -0-          100,000
Other                      17,798          10,561            74,192          60,968
                           ------        ----------        ---------       ----------
                           92,067         146,166           526,896         505,483
                           ------        ----------        ---------       ----------

Income (Loss) from
operations                  7,560         (47,929)          (41,722)        (73,396)
                          --------       ----------        ----------       --------
OTHER INCOME  (EXPENSES):
Interest expense           (4,135)         (1,334)          (12,310)         (4,534)
Interest income                18              41                75              84
                        -------------    -----------       -----------      ---------
                           (4,117)         (1,293)          (12,235)         (4,450)

NET INCOME (LOSS)         $ 3,443       $ (49,222)        $ (53,957)      $ (77,846)
                       --------------   -----------      -------------    ----------

NET INCOME (LOSS)
PER SHARE              $    -0-         $   (.01)          $  (.02)          $ (.02)
                       --------------  --------------    ------------     ----------
WEIGHTED  AVERAGE
NUMBER OF COMMON
SHARES  OUTSTANDING     3,445,527       3,445,527        3,445,527        3,445,527
                      ==============   ==============    ============     ==========


                                   See notes to financial statements

                                                    4

<PAGE>


                                    UNITED STATES BASKETBALL LEAGUE, INC.
                                    STATEMENT OF STOCKHOLDERS' DEFICIENCY



                          Common Stock    Preferred Stock               Additional                                         Total
                   ---------------------- -------------------------
                   Shares                 Shares                        Paid-in                          Treasury     Stockholders'
                   Outstanding   Amount   Outstanding      Amount       Capital        Deficit              Stock        Deficiency
                   -----------   ------   -----------      ------       ---------        -------           --------     ----------

Balance, March 1,
2002                3,485,502   $34,855   1,105,679        $11,057     $2,612,192     $(2,773,824)      $(42,454)      $(143,174)
Net Loss               -           -          -               -             -             (53,957)           -           (53,957)


                   ----------- ---------  ---------      ----------   -----------     ------------     -----------

Balance November
30, 2002           3,485,502    $34,855   1,105,679       $11,057      $2,666,149     $(2,827,681)      $(42,454)       $(197,131)



                                                     See notes to financial statements



                                                                               5

<PAGE>




</TABLE>



                       UNITED STATES BASKETBALL LEAGUE, INC.
                            STATEMENTS OF CASH FLOWS
                                 (Unaudited)


                                              Nine Months Ended
                                      November 30,        November 30,
                                         2002                 2001
                                        ------               ------

CASH FLOWS FROM OPERATING ACTIVITIES:
 Net (loss)                          $ (53,957)            $ (77,846)
                                      ---------             ---------
 Adjustments to reconcile net
 (loss) to net cash provided by
 operating activities:
     Depreciation                        2,462                 4,842
     Asset Impairment                     -0-                100,000

     Contributed Services                 -0-                  7,500
     (Increase) Decrease in assets:
       Inventory                        (2,966)               (1,117)
       Other Assets                      4,700                  -0-
     (Decrease) Increase in
     liabilities:
       Accounts payable and
       accrued expenses                 21,717               (19,998)
                                   --------------          --------------
                                        25,913                91,227
                                   --------------          --------------
  Net cash (used for)
  provided by operating
  activities                           (28,044)               13,381
                                   --------------          --------------

CASH FLOWS FROM FINANCING
ACTIVITIES:
  Decrease due from (to)
  affiliates                            20,812                 6,995
  Increase (Decrease) in
  stockholders' loans                    8,110               (11,566)
                                   ---------------         ---------------
Net cash provided by (used in)
financing activities                   28,922                 (4,571)
                                   ---------------         ---------------

NET INCREASE IN CASH                      878                  8,810

CASH AND CASH EQUIVALENTS,
beginning of period                     5,893                    587
                                   ---------------          -------------

CASH AND CASH EQUIVALENTS,
end of period                     $     6,771              $   9,397
                                   ===============          =============





                                        6

<PAGE>


                       UNITED STATES BASKETBALL LEAGUE, INC.
                           NOTES TO FINANCIAL STATEMENTS
                       NINE MONTHS ENDED NOVEMBER 30, 2002

1. Description of Business and Basis of Presentation:

The United States Basketball League, Inc. (the "USBL" or the "Company") operates
a professional summer basketball league through franchises located in the United
States.

The Company has incurred an accumulated deficit of approximately $2,828,000. In
addition, the USBL's reliance on both substantial non-cash transactions and
related parties (see notes 3 and 4) create an uncertainty as to the USBL's
ability to continue as a going concern.

The Company is making efforts to raise equity capital, revitalize the league and
market new franchises; however, there can be no assurance that the USBL will be
successful in accomplishing its objectives. Because of the uncertainties
surrounding the ability of the Company to continue its operations, there is
substantial doubt about the Company's ability to continue as a going concern.
The financial statements do not include any adjustments that might be necessary
should the USBL be unable to continue as a going concern.

The accompanying unaudited condensed financial statements have been prepared by
the Company pursuant to the rules and regulations of the Securities and Exchange
Commission. Accordingly, they may not include all of the information and
footnotes required by accounting principles generally accepted in the United
States for complete financial statements. In the opinion of management, all
adjustments consisting of a normal and recurring nature considered necessary for
a fair presentation have been included. Operating results for the nine-month
period ended November 30, 2002 may not necessarily be indicative of the results
that may be expected for the year ended February 28, 2003. The notes to the
condensed financial statements should be read in conjunction with the notes to
the financial statements contained in the Company's Form 10-KSB for the year
ended February 28, 2002.

2. Summary of Significant Accounting Policies:

a.       Income taxes

Deferred tax assets and liabilities are determined based on differences between
financial reporting and tax bases of assets and liabilities, and are measured
using the enacted tax rates and laws that will be in effect when the differences
are expected to reverse. A valuation allowance has been fully provided for the
deferred tax assets (approximating $713,000) resulting from the net operating
loss carryforwad.

As of November 30, 2002, a net operating loss carryforward of approximately
$1,782,000 is available through November 30, 2002 to offset future taxable
income.

                                        7

<PAGE>



2. Summary of Significant Accounting Policies: (Cont'd)


b) Advertising costs

Advertising costs are expensed as incurred and were $54,257 and $23,761 for the
nine months ended November 30, 2002 and November 30, 2001 respectively.

c. Earnings (loss) per share

Statement of Financial Accounting Standards No. 128, "Earnings Per Share" (SFAS
No. 128) establishes standards for computing and presenting earnings (loss) per
share (EPS). SFAS No. 128 requires dual presentation of basic and diluted EPS.
Basic EPS excludes dilution and is computed by dividing net income available to
common stockholders by the weighted average number of common shares outstanding
for the period. Diluted EPS reflects the potential dilution that could occur if
stock options or convertible securities were exercised or converted into common
stock. Basic and dilutive EPS were equivalent for all periods presented as the
effect of common stock equivalents was antidilutive or immaterial.


3. Related Party Transactions:

The Company has entered into the following transactions with related parties:

a. The USBL's president, personally, through family members and other entities
controlled by the family (the "Meisenheimer Group"), controls approximately 81%
of the USBL's common stock and 100% of the Company's preferred stock.

The Company is a majority-owned subsidiary (60.6%) of Meisenheimer Capital, Inc.
Meisenheimer Capital, Inc. is an entity in the Meisenheimer Group.

b. As of November 30, 2002, loans payable to stockholders, including interest,
approximated $280,000. As of February 28, 2002, loans payable to stockholders
approximated $272,000. Interest rates on these obligations are 6% per annum.

c. Included in revenues are amounts received from various related parties
affiliated with the Meisenheimer Group approximating $190,600 and $208,000 for
the nine months ended November 30, 2002 and November 30, 2001 respectively.

d. Consulting fees for the nine months ended November 30, 2002 and 2001 included
$100,000 and $90.000, respectively, for consulting services provided by
Meisenheimer Capital, Inc. Such consulting services were received by the Company
in lieu of cash, as consideration for certain franchise fees and are included in
revenues as described above.

                                       8

<PAGE>



4. Related Party Transactions: (Cont'd)

e. The Company leases its office from Meisenheimer Capital Real Estate Holdings,
Inc., a wholly-owned subsidiary of Meisenheimer Capital, Inc. Rent expense on
this operating lease totaled $22,500 for the nine months ended November 30, 2002
and November 30, 2001.

4. Non-Cash Transactions:

The Company receives consulting fees, promotional services, and expense
reimbursements in lieu of cash, as consideration for franchise and advertising
fees. The value of this consideration approximated $238,505 and $110,000 for the
nine months ended November 30, 2002 and 2001, respectively.


                                      9

<PAGE>



MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

NINE MONTHS ENDED NOVEMBER 30, 2002 AS COMPARED TO NOVEMBER 30, 2001

Initial franchise fees for the nine months ended November 30, 2002 totaled
$160,000 as compared to $170,000 for the comparable period in 2001. The
difference is a result of slower collections from certain franchises who are
obligated to make installment payments. No new franchises were sold in the nine
month period ended November 30, 2002. Annual franchise fees approximated
$217,000 for November 30, 2002 as compared to $187,000 for the comparable period
in 2001. This increase was the result of concerted efforts by the Company to
collect continuing franchise fees earlier in the season. Sponsorship and
advertising revenues approximated $86,000 from $65,000 for the nine months ended
November 30, 2002 and 2001, respectively. The increase reflects a sponsorship
received from an airline in 2002. Overall, the Company's revenues increased from
$432,000 for the nine months ended November 30, 2001 to $485,000 for the nine
months ended November 30, 2002, a 12% increase. This increase was due to the
factors described above.

Operating expenses increased from $505,000 for the nine months ended November
30, 2001 to $527,000 for the nine months ended November 30, 2002. With respect
to the components of this increase, the 2001 expenses included a charge to
operations of $100,000 to reflect the recognition of asset impairments on the
value of prepaid advertising credits.

Historically the Company had been carrying advertising credits which they had
received as consideration for the reservation of 20 franchises. The Company had
not used any significant portion of the credits and the credits expired in the
year ending February 28, 2002. For this reason the Company concluded that it was
appropriate to adjust the carrying value of the advertising credits to reflect
their fair value. As a result, the Company wrote off the value of these credits
($100,000) in the quarter ended November 30, 2001. The Company incurred
advertising costs of $54,300 for the nine months ended November 30, 2002 as
compared to $23,800 for the comparable period in 2001, a $30,500 increase.
During the first quarter, the Company embarked on a more aggressive advertising
program to bring in more attendance and to achieve greater League recognition by
utilizing Internet advertising, direct mail advertising and other market
materials. Another expense that increased was referee expense, which
approximated $79,900 and $41,000 for the nine months ended November 30, 2002 and
2001, respectively. This increase reflects higher per game fees paid to the
referees in the current period. These increases also reflect the League's
decision to expand its support of teams operations. Another area of increase was
travel expense, which totaled $60,500 for November 30, 2002 as compared to
$36,300, a $24,200 increase. This increase was the result of increased costs
incurred for teams to travel to the championship series. Professional fees
increase from $5,800 to $22,400, reflecting additional costs incurred in
connection with shareholder reporting requirements.

Net loss for the nine months ended November 30, 2002 was $54,000 as compared to
a net loss of $77,800 for the nine months ended November 30, 2001. The decrease
reflects better collections of annual franchise fees in 2002 offset by the
impairment charge recorded in 2001.


                                    10

<PAGE>



THREE MONTHS ENDED NOVEMBER 30, 2002 AS COMPARED TO NOVEMBER 30,
2001

Initial franchise fees for the three months ended November 30, 2002 totaled
$60,000 as compared to $20,000 the comparable period in 2001, reflecting better
collections from certain franchises who are obligated to make installment
payments. No new franchises were sold in the three month period ended November
30, 2002. Annual franchise fees approximated $24,000 for the three months ended
November 30, 2002 as compared to $72,000 for the comparable period in 2001. This
decrease was the result of a new Company policy to collect annual franchise fees
earlier in the season. Sponsorship and advertising revenues approximated $10,000
and $-0- for the three months ended November 30, 2002 and 2001, respectively.
Overall, the Company's revenues increased from $98,000 for the three months
ended November 30, 2001 to $100,000 for the three months ended November 30,
2002, a 2% increase. This increase was due to the factors described above.

Operating expenses decreased from $146,000 for the three months ended November
30, 2001 to $92,000 for the three months ended November 30, 2002. With respect
to the components of this increase, the 2001 expenses included a charge to
operations of $100,000 to reflect the recognition of asset impairments on the
value of prepaid advertising credits.

Historically the Company had been carrying advertising credits which they had
received as consideration for the reservation of 20 franchises. The Company had
not used any significant portion of the credits and the credits expired in the
year ending February 28, 2002. For this reason the Company concluded that it was
appropriate to adjust the carrying value of the advertising credits to reflect
their fair value. As a result, the Company wrote off the value of these credits
($100,000) in the quarter ended November 30, 2001. The Company incurred
aggregate team expenses and referee fees of $18,900 in the three months ended
November 30, 2002. The increase reflects the League's decision to expand its
support of teams operations. Professional fees increase from $2,700 to $16,000,
reflecting additional costs incurred in connection with shareholder reporting
requirements.

Net income for the three months ended November 30, 2002 was $3,400 as compared
to a net loss of $49,000 for the three months ended November 30, 2001. The
improvement reflects the asset impairment charge recorded in 2001.


LIQUIDITY AND CAPITAL RESOURCES

The Company had a working capital deficit of approximately $197,000 at November
30, 2002.

The Company's statement of cash flows reflects cash used in operations of
approximately $28,000, consisting principally of a net loss of $54,000 offset by
an increase in accounts payable and accrued expenses of approximately $21,700.
Net cash provided by financing activities approximated $28,900, consisting of a
net decrease in amounts due from affiliates of approximately $20,800 and an
increase in stockholders' loans of approximately $8,100.


                                 11

<PAGE>



The Company's ability to generate cash flow from franchise royalty fees is
dependent on the financial stability of the individual franchises constituting
the League. Each franchise is confronted with meeting its own fixed costs and
expenses which are primarily paid from revenues generated from attendance.
Experience has shown that USBL is generally the last creditor to be paid by the
franchise and if attendance has been poor, USBL has from time to time only
received partial payment and in some cases, no payments at all. Since potential
revenues are predicated on attendance, USBL cannot project future cash flows or
liquidity. While the League did enjoy growth in attendance in its last season,
increasing from 217,000 in 2001 to 243,000 in 2002, there can be no assurance
about future activity. If any capital deficiencies should arise, however, the
Company will look to affiliates for financial assistance


Part II   OTHER INFORMATION

Item 1.           Legal Proceedings

There are no legal proceedings pending or threatened.

Item 2.           Changes in Securities

N/A

Item 3.           Defaults upon Senior Securities

N/A

Item 4.           Submission of Matters to a Vote of Shareholders

During the nine months ended November 30, 2002, there were no matters submitted
to a vote of security holders through the solicitation of proxies or otherwise.

Item 5.           Other Information

N/A

Item 6.           Exhibits and Reports on Form 8-K

                  There were no reports filed on Form 8-K.




                                     12

<PAGE>





                                  SIGNATURES

Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                 UNITED STATES BASKETBALL LEAGUE,
                                 INC.
                                 (Registrant)

                                /s/ Daniel T. Meisenheimer III
                                    Daniel T. Meisenheimer III
                                    Chairman and President

                                /s/ Richard C. Meisenheimer
                                    Richard C. Meisenheimer
                                    Vice President, Secretary and Director

Date: January 17, 2003





                                     13

<PAGE>



CERTIFICATIONS

I, Daniel T. Meisenheimer III, certify that:

I have reviewed the quarterly report on Form 10-QSB of United States Basketball
     League;

2 Based on my  knowledge,  this  quarterly  report  does not  contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this quarterly
report;

3  Based  on  my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4  The  registrant's   other  certifying  officer  and  I  are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

a) designed  such  disclosure  controls and  procedures  to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others  within those  entities,  particularly  during the
period in which this quarterly report is being prepared;

b) evaluated  the  effectiveness  of the  registrant's  disclosure  controls and
procedures  as of a date  within  90  days  prior  to the  filing  date  of this
quarterly report (the "Evaluation Date"); and

c) presented in this quarterly report our conclusions about the effectiveness of
the  disclosure  controls  and  procedures  based  on our  evaluation  as of the
Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the registrant's auditors and the audit committee of
registrant's   board  of  directors  (or  persons   performing   the  equivalent
functions):

a) all significant  deficiencies in the design or operation of internal controls
which  could  adversely  affect the  registrant's  ability  to record,  process,
summarize and report  financial data and have  identified  for the  registrant's
auditors any material weaknesses in internal controls; and

b) any  fraud,  whether  or not  material,  that  involves  management  or other
employees who have a significant role in the registrant's internal controls; and


                                    14

<PAGE>



6. The  registrant's  other  certifying  officer  and I have  indicated  in this
quarterly report whether there were significant  changes in internal controls or
in other factors that could significantly affect internal controls subsequent to
the date of our most recent  evaluation,  including any corrective  actions with
regard to significant deficiencies and material weaknesses.
Date: January 17, 2003

                                                S/ Daniel T. Meisenheimer, III
                                                   Daniel T. Meisenheimer, III
                                                   Chief Executive Officer


I, Richard C. Meisenheimer, certify that:

1. I have reviewed the quarterly report on Form 10-QSB of
     United States Basketball
     League;

2. Based on my  knowledge,  this  quarterly  report  does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this quarterly
report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

a) designed  such  disclosure  controls and  procedures  to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others  within those  entities,  particularly  during the
period in which this quarterly report is being prepared;

b) evaluated  the  effectiveness  of the  registrant's  disclosure  controls and
procedures  as of a date  within  90  days  prior  to the  filing  date  of this
quarterly report (the "Evaluation Date"); and

c) presented in this quarterly report our conclusions about the effectiveness of
the  disclosure  controls  and  procedures  based  on our  evaluation  as of the
Evaluation Date;

                                    15

<PAGE>



5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the registrant's auditors and the audit committee of
registrant's   board  of  directors  (or  persons   performing   the  equivalent
functions):

a) all significant  deficiencies in the design or operation of internal controls
which  could  adversely  affect the  registrant's  ability  to record,  process,
summarize and report  financial data and have  identified  for the  registrant's
auditors any material weaknesses in internal controls; and

b) any  fraud,  whether  or not  material,  that  involves  management  or other
employees who have a significant role in the registrant's internal controls; and

6. The  registrant's  other  certifying  officer  and I have  indicated  in this
quarterly report whether there were significant  changes in internal controls or
in other factors that could significantly affect internal controls subsequent to
the date of our most recent  evaluation,  including any corrective  actions with
regard to significant deficiencies and material weaknesses.

Date: January 17, 2003

S/ Richard C. Meisenheimer
   Richard C. Meisenheimer
   Chief Financial Officer



The undersigned  hereby certifies in his capacity as an officer of United States
Basketball  League,  Inc. (the Company) that the Quarterly Report of the Company
on Form 10QSB for the three months ended August 31, 2002 fully complies with the
requirements  of Section 13(a) of the  Securities  Exchange Act of 1934 and that
information  contained in such report fairly presents in all material  respects,
the  financial  condition  of the  Company  at the end of such  quarter  and the
results of operations of the Company for such quarter.

Dated: January 17, 2003

S/ Daniel C. Meisenheimer, III
   Daniel C. Meisenheimer, III
   Chief Executive Officer


The undersigned  hereby certifies in his capacity as an officer of United States
Basketball  League,  Inc. (the Company) that the Quarterly Report of the Company
on Form 10QSB for the three months ended August 31, 2002 fully complies with the
requirements  of Section 13(a) of the  Securities  Exchange Act of 1934 and that
information  contained in such report fairly presents in all material  respects,
the financial

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condition  of the  Company  at the  end of  such  quarter  and  the  results  of
operations of the Company for such quarter.

Dated: January 17, 2003

S/ Richard C. Meisenheimer
   Richard C. Meisenheimer
   Chief Financial Officer



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