NBA team owners are set to vote this week on a proposal to establish a professional basketball league in Europe.
The envisioned league would feature between eight and ten franchises, potentially including up to four top-performing teams from the EuroLeague, such as Real Madrid and Olympiacos.
As part of the plan, the league would offer franchise opportunities in major European cities like London and Paris, with each franchise expected to be sold for a minimum of $500 million.
These permanent franchise slots would be made available to external investors, with ownership structured so that the NBA retains a 50 percent equity stake.
In comparison, the franchise owners hold the remaining 50 percent.
According to a source, NBA executives prefer that these ownership positions be acquired by individuals or entities outside the existing NBA ecosystem.
This could include sovereign wealth funds, private equity firms, high-net-worth individuals, or well-established European basketball clubs.
The NBA anticipates that the basketball market across Europe and the Middle East has the potential to generate up to $3 billion in annual revenue, making the new league a significant business opportunity.
NBA Owners To Vote This Week On Proposed European League https://t.co/jsY2be2du0
— RealGM (@RealGM) March 25, 2025
