"The NBA is determined to have an alternative basketball league to the Euroleague and has been openly discussing it for several months. The plan calls for 12 permanent teams, plus four qualified based on sporting merit, with a list of preferred cities: Milan, Rome, London, Manchester, Paris, Lyon, Madrid, Barcelona, Berlin, Munich, Athens and Istanbul. The Financial Times also cites Oaktree, the fund that owns Inter, among those granted access to the data room with financial projections for the new tournament."
"What does this mean? That Oaktree will evaluate the project. Consequently, for now, it's right to leave the door open to all possibilities, including Inter's involvement in NBA Europe, alone or together with Milan or Olimpia. At present though it feels like their interest is lower than that of AC Milan and Olimpia. The most striking development is the first deadline: the NBA has asked interested parties to submit non-binding offers by the end of March."
The NBA is accelerating plans to launch a European league in fall 2027 and has begun sharing exclusive financial projections with interested stakeholders. The proposed structure calls for 12 permanent franchises plus four qualifiers, with preferred host cities including Milan, Rome, London, Paris, Madrid, Barcelona, Berlin, Munich, Athens, Istanbul and others. Funds and football clubs, as well as basketball clubs such as Olimpia Milano and Asvel Lyon, have access to the data room. Oaktree, which owns Inter, is reviewing the projections. Interested parties have been invited to submit preliminary, non-binding offers by the end of March.
Read at SempreMilan
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