Comment on NBA, FIBA Release Joint Statement On NBA Europe Plans by KnickerbockerAl
In reply to Nrg82. Dude search it and get the facts. The L has some teams losing money. But attendance is there. They don’t have corporate money. The NBA brand gets that. You understand. Current Situation • Rejection of NBA Merger: In October 2026, the 13 permanent shareholder clubs of the EuroLeague officially voted down a formal €400 million ($448 million) merger offer from the NBA to absorb the league into a single "NBA Europe" enterprise. • EuroLeague Plans: Instead of merging, EuroLeague club owners agreed to move forward with converting their current 10-year licenses into permanent franchises and stabilizing their own structure. • NBA and FIBA Response: The NBA and FIBA announced they are moving forward with launching a competing 16-team NBA Europe league as early as 2027, regardless of the EuroLeague's rejection.
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