Overview
- The NBA is exploring the creation of a European basketball league in collaboration with FIBA, with franchise fees reportedly starting at $500 million.
- Plans include 8-10 franchises, featuring four EuroLeague teams and new teams in major cities like London and Paris.
- Qatar Sports Investments, owners of PSG, has confirmed interest in backing a Paris-based team, while discussions with Manchester City are ongoing.
- The league could serve as a destination for aging NBA stars, offering career extension opportunities in high-profile European markets.
- A rival investor group, supported by Saudi Arabia's sovereign wealth fund, is planning a competing basketball league spanning Asia and Europe.