From our friends at USA Basketball:

COLORADO SPRINGS, Colo. (Dec. 8, 2010) -  USA Basketball, Nike and the NBA Portland Trail Blazers today announced that the agreement to hold the annual Nike Hoop Summit in Portland, Ore., at the Rose Garden has been extended through 2012. The Nike Hoop Summit has been held at the Rose Garden in Portland since 2008.

Additionally, it was announced that the 2011 Nike Hoop Summit will be played on Saturday, April 9 at 7:00 p.m. (PDT). The game will again be distributed nationally by Fox Sports Net and its regional affiliates.

“We are very pleased to be able to return the Nike Hoop Summit in 2011 and 2012 to Portland and the Rose Garden,” said Jim Tooley, USA Basketball Executive Director/CEO. “Portland has been a fantastic home for the Nike Hoop Summit the past three years, and we hope to build on the game’s popularity moving forward. This game, while featuring the world’s top young basketball talents, has proven to be incredibly competitive and exciting every year. We hope the Portland community will continue to demonstrate its love of basketball by coming out to Nike Hoop Summit and watching the future stars of the NCAA and NBA.”

Tickets for the 14th annual Nike Hoop Summit are now on sale, with reserved courtside seats priced $25 and $50 and all other general admission tickets $6 in advance and $10 on game day. Tickets can be purchased through the Rose Quarter Ticket Office, by calling 877-789-ROSE (7673) or by visiting www.rosequarter.com.

The Nike Hoop Summit, the country’s premier annual basketball game for high-school age boys, features America’s elite, young athletes playing against a World Select Team comprised of top international players 19-years-old or younger.

“USA Basketball and the Trail Blazers have been tremendous Nike partners helping to take the Hoop Summit to unprecedented heights the past few years,” said Lynn Merritt, V.P. of Nike Global Basketball Sports Marketing. “We are thrilled to bring the world’s best young talent to Portland the next two years and look forward to watching them compete in basketball’s premier international youth event in our own backyard.”

“The Nike Hoop Summit is one of the single best places to watch the next generation of NBA players compete against one another, and we are very excited to be a part of it once again,” said Trail Blazers president Larry Miller. “The fact that Portland will host the game for a record fifth consecutive year in 2012 speaks to the great relationship we have with USA Basketball and Nike, and the passion this community has for the game of basketball.”