EuroLeague Teams Reject NBA Offer to Merge Into a Single Europe Operation
The rejection heightens uncertainty over control of teams, players and commercial rights in Europe’s top club competition.
- On Tuesday, Euroleague shareholder clubs rejected a formal collaboration offer from the NBA during a meeting in Cernobbio, Italy.
- Shareholders opposed the proposal, citing its incompatibility with the league's expansion plans and calling it "unacceptable and colonialist."
- French sports daily L'Equipe reported the NBA offered 400 million euros per future member and at least a $500 million entry fee.
- Instead, club owners agreed to convert current 10-year licenses into permanent franchises for the shareholder clubs while remaining open to amended proposals.
- The NBA, in partnership with FIBA, continues targeting a 16-team European model while the EuroLeague independently pursues expansion to 24 teams.
13 Articles
13 Articles
Euroleague shareholders rejected the NBA’s proposal for cooperation and essentially a takeover of the top European competition. Adam Silver’s terms were not accepted. However, the NBA is not abandoning the NBA Europe plan. The battle for control of European basketball has just begun. The post Euroleague’s first “no” to the NBA, money, disagreements and the next day in European basketball appeared first on in.gr.
Winnipeg Free Press
EuroLeague teams reject NBA offer to merge into a single Europe operation
PARIS (AP) — EuroLeague basketball owners have rejected a formal offer from the NBA to merge into a single European operation following a meeting in Italy, Barcelona confirmed Wednesday.
Euroleague shareholders reject NBA Europe offer, leave door open
CERNOBBIO, Italy — The NBA’s attempt to reshape European basketball hit a roadblock on Tuesday as Euroleague shareholder clubs rejected a collaboration offer, raising the prospect of a battle for the continent’s biggest teams, players and commercial riches.
The thirteen homeowner clubs consider the initial proposal of the US entity insufficient and advance in their own expansion plan to 24 teams.
COMO Čelnici 13 club košarkaške Eurolige unanimously su on današnjem sastanku u talijanskom gradu Cernobbio kraj Coma odbili ponudu vodstva NBA lige za sudjelovanje u novom natjecanju na europskom tlu. “Trinaest club Eurolige unanimously took them away after the NBA [...] Objava Čelnici 13 club Eurolige bounced NBA ponudu: “Prijedlog Amerikanaca je kolonijalistički” pojavila se prvi puta on Novi list.
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