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Story summary
- The NBA received finalized bids from over 20 groups for NBA Europe.
- NBA Europe will launch in October 2027 with 12 clubs and four promotion spots.
- Bidding opened in February for 12 cities—including London, Paris and Madrid—and attracted proposals over $1 billion, some from EuroLeague clubs.
- The Board of Governors and FIBA will select franchises on a rolling basis, expect break-even by season three, and forecast $10 billion entering basketball in a decade.
