"Milan could in the near future - between 2027 and 2028 to be precise - have two basketball teams. Olimpia are in negotiations to sell a minority stake to Oaktree, and the other is Pallacanestro Varese."
"Cardinale has made his choice: a partnership is in the advanced stages with Pallacanestro Varese, the Italian club with the most European Cups to its name (five)."
"There would be no transfer of the naming rights, but Serie A home games will be held in Masnago and NBA Europe home games will be held in a new arena to be built in San Donato, with around 15,000 seats."
"Olimpia Milano has made its choice too. It will move together, along with the other EuroLeague clubs, to reach a collaboration agreement with NBA Europe."
Milan's ownership group is interested in the NBA's European expansion, exploring commercial opportunities and potential partnerships. There are uncertainties regarding whether they will create a new team or collaborate with existing ones, particularly with Inter's owners and Olimpia Milano. Between 2027 and 2028, Milan may have two basketball teams, with Pallacanestro Varese being a key partner. A new arena is planned for NBA Europe games, while Olimpia Milano seeks collaboration with EuroLeague clubs. The future of these partnerships remains uncertain as negotiations progress.
Read at SempreMilan
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