I got a chance to go out and shoot a semi local youth basketball league last saturday. It was either 1600 ISO & 1/250th @ F2.8, or strobes. Since the people there at the league were cool, I strobed it
Nikon D2h with Nikon 70-200 F2.8. I had one SB-800 on a 9ft light stand, 1/4 power zoomed to about 70-85 aimed at the free throw line. Since it recycled fastest, I had that light next to me. Across from me I had a SB-28 on another light stand at either 1/2 or 1/4 power aimed slightly above the free throw line. I wanted to bounce them, but I would have to shoot at full power to get a good reading.
I brought my studio strobes to use, but I had 2 courts to shoot and I was moving back & forth between courts, so the flashes made it easier to use. Camera settings were 1/200th @ F2.8-4.