The NBA Board of Governors is meeting in New York on Monday and Tuesday, and its decisions will have a direct impact on European basketball.
The 30 NBA team owners are set to review the latest developments regarding the NBA Europe project, the league they plan to launch in 2027 with 16 teams. NBA executives will decide whether the league will attempt to acquire the EuroLeague or operate as an independent, competitive organization.
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In early October, the EuroLeague will meet in Como to decide how it will respond to the NBA’s plans. In other words, whether it will show a willingness to cooperate or even sell its shares to the NBA, or whether it will continue with the current model.
The NBA Owners’ Council’s agenda also includes issues concerning the league itself, such as potential expansion within the U.S. with teams in Las Vegas and Seattle. Domestic expansion remains a key priority, as team owners evaluate the establishment of new franchises in prime target markets, such as the two cities mentioned above. With the total cost of entry for future expansion estimated at between 15 and 18 billion dollars, each existing team owner could receive an unprecedented one-time payment ranging from $500 million to $600 million.
Although it is not certain that there will be an immediate official vote, the meeting marks a critical milestone for setting specific timelines and formalizing the terms for submitting bids by interested investment groups.
*photo source: AP
