NBA Europe: Team auction attracts multiple bids over $1bn, say sources
City A.M. | London's Business Newspaper - News, Opinion, & Anal…
April 1, 2026
The NBA and its advisors have received several bids in excess of $1bn for teams in its proposed European league, according to sources close to the process. The US basketball league and its advisors, JP Morgan and the Raine Group, have begun sifting through non-binding offers for the 12 permanent franchises in the new competition [...]
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