One Basketball Canberra is awaiting the finalisation of Basketball Australia's plans for a NBL restructure next month, before deciding if it will bid for a franchise.

Graf said it may be the right time for a new team to replace the Cannons, who folded in 2003. But she said it was crucial the Capitals didn't become an undercard.

''I'm a huge fan of basketball and if it can get back in Canberra and it's good for the city then I'm all for it,'' Graf said. ''But we'd like to keep our own identity. We could play on the same bill sometimes, I think that's great for the game and we've talked about it before when men's teams come to town.

''One time we'll be the warm-up game for them and then we'd like them to warm-up for us.''

The NBL's interim board will present its recommendations for a new competition to Basketball Australia and its stakeholders on October 11. There will then be a vote to decide whether the new structure should go ahead.

One Basketball Canberra chief Mark Cartwright said it was too early to forecast whether his organisation would bid for a franchise.

''I think there's a fair bit of work to do before we really consider Canberra's position,'' Cartwright said.

''... Whilst we are supportive of the concept [of a new league], we're still working with Basketball Australia to understand how it's going to be delivered on the ground.''

Cartwright agreed with Graf that any potential new franchise should not overshadow the Capitals.

But he did say the two franchises would work closely together.

Saturday's NBL game game between the Sydney Spirit and Adelaide 36ers will be Canberra's last chance to impress the interim board before the vote.

SATURDAY

NBL Round 2: Sydney Spirit v Adelaide 36ers at the AIS Arena, 7.30pm. Tickets at the door.