EuroLeague is expecting an offer from the NBA regarding its planned European competition, according to Front Office Sports. If a proposal arrives, EuroLeague owners are expected to discuss it at their next meeting on Oct. 5.
EuroLeague reportedly remains open to working with the NBA but has maintained that any agreement would need to benefit both sides.
Italian news outlet Gazzetta dello Sport recently reported that the NBA could propose buying a controlling stake in EuroLeague.
Meanwhile, the NBA has not changed its timetable for the launch of NBA Europe. A league spokesperson told NBA insider Marc Stein that the project continues to "target a rollout beginning in October 2027."
Stein reported hearing skepticism from several European basketball stakeholders about whether the NBA can launch the competition in time for the 2027-28 season.
However, the league office dismissed suggestions that the project could be delayed.
NBA Europe plans 16-team competition
The proposed league is expected to feature 16 teams, with 12 permanent franchises and four places available through annual qualification.
The NBA is working on the project together with FIBA. Teams from domestic leagues would have a pathway to qualify through competitions including the Basketball Champions League (BCL) or a separate qualifying tournament.
The NBA's 12 main target markets are Athens, Barcelona, Berlin, Istanbul, London, Lyon, Madrid, Manchester, Milan, Munich, Paris, and Rome.
More than 20 existing basketball and football clubs reportedly submitted bids for permanent franchises, including some current EuroLeague teams.
Bidders submitted offers of at least $500 million in each of the NBA's 12 target markets, with multiple bids exceeding $1 billion.