The NBA introduced on Thursday that they’ll transfer ahead with exploring the creation of a brand new league in Europe in partnership with FIBA. Adam Silver made the announcement following Thursday’s Board of Governors assembly.
The league may embody a mix of current groups corresponding to Actual Madrid and Barcelona together with new franchises. The NBA believes the basketball system in Europe and the Center East may generate as a lot as $3 billion in annual income.
The brand new league in Europe is not going to contain current NBA groups and would successfully compete towards or exchange Euroleague.
“The response we’ve gotten from {the marketplace} could be very optimistic, whether or not it’s from media companions, whether or not it’s from fan analysis that we’ve finished, discussions instantly with FIBA, promoting businesses, and different golf equipment in Europe, a number of of them who’ve additionally been enthusiastic concerning the potential alternative to raised serve basketball followers in Europe,” stated Silver.
“At our board assembly at present, there was enthusiastic assist from our membership house owners about persevering with to discover this chance.”
