Exclusive: EuroLeague CEO ‘open’ to NBA investment talks but yet to receive an offer
EuroLeague Basketball chiefs are expecting a takeover approach from the NBA that would see the two organisations collaborate on a new European basketball league. CEO Chus Bueno said no offer had yet been put to the EuroLeague but NBA commissioner Adam Silver this week said that joining forces with the incumbent was now their preference. [...]
EuroLeague Basketball's chief executive, Chus Bueno, has expressed openness to potential collaboration with the NBA, despite no formal offer having been made. NBA Commissioner Adam Silver stated this week that partnering with the EuroLeague is now their preference. EuroLeague's owners, including clubs like Real Madrid, Barcelona, Panathinaikos, Olympiacos, Bayern Munich, and Fenerbahce, are set to meet early next month to consider any NBA approach.
According to Bueno, the EuroLeague remains committed to growing, but no decisions have been made yet. Meanwhile, NBA Europe, scheduled for launch in 2027, has faced challenges in attracting EuroLeague teams to compete with new franchises in cities such as London, Paris, and Berlin. Despite some investors expressing reservations about the proposed launch date, NBA Europe's commissioner remains optimistic, emphasizing that partnerships with the EuroLeague could significantly strengthen the league in the European basketball landscape.
Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
