The NBA is “extremely encouraged” by the final bids received for permanent franchises in a new NBA and FIBA-backed league in Europe planned for October 2027, according to Deputy Commissioner Mark Tatum.
NBA Expansion into Europe
The NBA has received many bids within and exceeding the $500 million to $1 billion range in each of its 12 target cities, including from more than 20 existing basketball and football clubs, many of which are current EuroLeague teams.
The planned league is expected to feature 16 teams, including 12 permanent franchises and four additional spots available through a qualification process for clubs across Europe.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.