The NBA offered 500 million euros for the acquisition of the Euroleague, media writes
Quick Look
The owners of the Euroleague clubs, at a closed meeting in Italy, rejected the NBA's proposal, which included an investment of 440 million euros with a counter offer from the association in the amount of more than 500 million.
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Why It Matters
The NBA and FIBA are planning to create a professional league in Europe by 2027-2028. The process to explore this possibility was officially launched in March 2025.
The National Basketball Association (NBA) offered the owners of Euroleague basketball clubs more than 500 million euros, but demanded an investment of about 440 million from the teams, reports EFE.
Earlier, NBA commissioner Adam Silver confirmed plans to launch a European division in 2027 or 2028. In March 2025, the NBA and the International Basketball Federation (FIBA) officially began the process of exploring the creation of a new professional league in Europe that would compete with the Euroleague. A closed meeting of the Euroleague was held on October 5 at Villa d'Este in Cernobbio on Lake Como in Italy, at which the owners of the Euroleague clubs rejected the NBA's proposal, the terms of which were not disclosed.
Open Questions
- What will be the NBA's next steps after the clubs' refusal?
- What exact conditions did the NBA put forward?
