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NBA Gets $1B+ Bids for 12-Team Europe Launch 2027

7/1/2026

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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.