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Story summary
- NBA Commissioner Adam Silver announced the league will reach a deal with EuroLeague to launch NBA Europe.
- EuroLeague owners rejected the NBA’s formal merger offer, calling it unacceptable and colonialist.
- Investors have submitted bids worth hundreds of millions of dollars for the 12 NBA Europe franchises.
- The NBA plans a $10 billion, ten-year investment in a 16-team tournament, targeting a 2027 launch, possibly shifting to 2028.