NBA owners are set to vote on a proposal to launch a European basketball league with 8-10 franchises, a semi-open format allowing top EuroLeague teams to compete.
NBA owners are set to vote this week in New York on a plan to launch a professional basketball league in Europe, according to Sportico's Scott Soshnick and Eben Novy-Williams.
The proposal under discussion would establish a league with eight to ten franchises, per the same report.
It would follow a "semi-open" model, allowing up to four of the top EuroLeague teams- such as Spain's Real Madrid and Greece's Olympiacos- to compete in the NBA-affiliated league the following season.
Franchises in major cities like London or Paris could be valued at a minimum of $500 million, according to the plan.
Under the proposal, the NBA would own 50% of the league, with franchise owners holding the other 50%.
The NBA has already expanded by creating the WNBA, G League, and Basketball Africa League (BAL). For the 2024-25 season, the league is expected to invest $225 million in these leagues despite projecting an $8 million loss.
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