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The 1972–73 National Basketball League season was the inaugural season of the newly formulated National Basketball League.
By 1972, the Scots had their own thriving National League, though also competing in the "Rose Bowl", but when a London team, Sutton, defeated Edinburgh's Boroughmuir Barrs in the 1972 Final, the Basketball Association decided that it was time to relaunch the idea of an English National League. Therefore, the National Basketball League was inaugurated.
Liverpool were formed by a flamboyant owner called Vaughan Thomas who ran the Sports Education Department at Liverpool Polytechnic and they were the first club to incorporate a sponsor's name into their title, Bruno Roughcut tobacco from WD & HO Wills. They were also the first club to import an American, Larry Meek, specifically to play basketball. They played their home games at the Deeside Leisure Centre.