GdS: Deadline arrives for NBA Europe bid - where RedBird stand as doubts multiply
Briefly

GdS: Deadline arrives for NBA Europe bid - where RedBird stand as doubts multiply
"NBA Commissioner Adam Silver has been clear: 'We are convinced that for the good of European basketball, the best course of action would be a joint solution with the Euroleague, reaching an agreement on a systemic approach to growth.'"
"Chus Bueno, Euroleague CEO since late January, clarified his priorities for Milan in an interview with Gazzetta. 'I can't imagine a future without Olimpia in the Euroleague.'"
The NBA has set a March 31 deadline for non-binding offers for its new European league, launching in October 2027. RedBird Capital's position remains uncertain, particularly regarding the significant initial investment required. Milan and Rome are key cities in focus, with AC Milan and Olimpia being discussed more frequently. NBA Commissioner Adam Silver advocates for a collaborative approach with Euroleague to enhance European basketball. The future structure of NBA Europe may involve a partnership between the NBA, FIBA, and Euroleague, impacting franchise ownership dynamics.
Read at SempreMilan
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