NBA Europe Draws Billion-Dollar Bids From Over 120 Investors Ahead Of 2027 Launch
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NBA Europe Draws Billion-Dollar Bids From Over 120 Investors Ahead Of 2027 Launch
The NBA's proposed European league attracted substantial financial commitments after a Tuesday midnight ET deadline for non-binding proposals closed. Multiple bidders submitted investments of at least $1 billion, with several others meeting or surpassing the league's projected $500 million entry threshold, according to two sources with direct knowledge of the submissions. Adam Silver's office reported "serious" interest from more than 120 prospective investors across the 12 target cities, whi...
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