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Report: NBA Europe Draws Hosts of Bids, Including $1B Offers

More than 120 investment groups submitted non-binding bids by Wednesday's midnight deadline for the proposed NBA Europe league, NBA Deputy Commissioner Mark Tatum said the scale reflects marketplace belief in the model.
Multiple bidders proposed investments of at least $1 billion, with many offers falling within the $500 million to $1 billion range and acting as licensing fees for permanent franchise spots.
Targeting 14 to 16 teams, the league plans 12 permanent franchises in London, Paris, Berlin, and Madrid, with four additional clubs earning spots annually through FIBA performance in smaller European leagues.
NBA Commissioner Adam Silver stated last week that a "systematic approach" involving the EuroLeague is the best outcome for growing basketball in Europe amid ongoing partnership negotiations.
An October 2027 launch remains the primary target as the NBA will present the most attractive bids to the Board of Governors for approval to accelerate growth across the continent.

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