The NBA’s proposed European league has attracted strong financial interest, with multiple bidders submitting non-binding proposals before Tuesday’s deadline.
Several offers included investments of at least $1 billion, while others met or exceeded the projected $500 million entry fee.
More than 120 potential investors showed interest across 12 targeted cities, including London, Paris, Milan, Barcelona, Madrid, and Berlin, among others.
Deputy Commissioner Mark Tatum addressed the response.
“The level of engagement and the scale of the bids reflect the marketplace’s belief in our proposed model and the enormous, untapped potential for European basketball,” Tatum said.
“We will now review the bids in more detail and shortlist the partners who share our vision and commitment to accelerating the growth of the game across the continent.”
Some established EuroLeague clubs were among the bidders, though they would still need to pay full entry fees with no guaranteed spots.
Reported groups include Saudi Arabia’s Public Investment Fund (London), Qatar Sports Investments (Paris), and RedBird Capital (Milan).
While interest is high, negotiations are expected to be complex as European stakeholders evaluate the NBA’s model. The league is targeting a 16-team structure with a planned launch in October 2027.
NBA Europe Draws Billion-Dollar Bids From Over 120 Investors Ahead Of 2027 Launch https://t.co/bNBAOCSKju
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