Variance Films has acquired U.S. theatrical rights to the basketball documentary “Elevate” and has set an Oct. 21 opening in New York.Directed by Anne Buford, the film follows four teenagers from Senegal aiming for careers in the NBA. Variance announced the deal Friday. It will open “Elevate” in Los Angeles, Dallas and San Antonio on Nov. 4 and in Chicago, Houston, Washington D.C. and Oklahoma City on Nov. 11. “Elevate,” filmed over four years, documents the challenges of the four Senegalese selected from by Seeds (Sports for Education and Economic Development in Senegal) in dealing with American culture, mastering English and adapting to aggressive American-style basketball. Pic was produced by Buford, Chiemi Karasawa, Mark Becker and Victoria Yoffie.