Overview
- The NBA and FIBA held a private event in London for funds, sponsors and clubs, with Real Madrid, Barcelona, Olimpia Milano, AC Milan and ALBA Berlin among those represented.
- Teams remain cautious, citing scarce revenue details and reports of a potential €500 million buy‑in, following Adam Silver’s acknowledgment that the league would not be profitable initially.
- Organizers are promoting a 2027–28 launch featuring 16 teams, with 12 permanent franchises and four qualifying spots via the BCL and other season‑ending tournaments.
- Legal and governance hurdles persist as several clubs have signed new 10‑year EuroLeague licenses that include a reported €10 million exit clause, while Barcelona says it will ratify its EuroLeague commitment this week.
- Pau Gasol attended the London meetings and is being discussed for a potential strategic role as NBA and FIBA escalate outreach to prospective participants and investors.