Zürcher Nachrichten - NBA to review European league proposal

EUR -
AED 4.190162
AFN 82.135427
ALL 99.363241
AMD 444.283963
ANG 2.055997
AOA 1046.652663
ARS 1343.832124
AUD 1.77551
AWG 2.056237
AZN 1.932993
BAM 1.966166
BBD 2.303947
BDT 138.639709
BGN 1.953904
BHD 0.429896
BIF 3345.876246
BMD 1.140769
BND 1.499278
BOB 7.901484
BRL 6.450363
BSD 1.141116
BTN 96.978582
BWP 15.642193
BYN 3.734222
BYR 22359.07754
BZD 2.292054
CAD 1.578077
CDF 3284.275012
CHF 0.937102
CLF 0.028062
CLP 1076.874961
CNY 8.321893
CNH 8.311753
COP 4810.623979
CRC 576.941701
CUC 1.140769
CUP 30.230385
CVE 110.5978
CZK 24.954899
DJF 202.737766
DKK 7.465457
DOP 67.305622
DZD 151.027578
EGP 58.001728
ERN 17.111539
ETB 149.550648
FJD 2.603406
FKP 0.856819
GBP 0.849411
GEL 3.125667
GGP 0.856819
GHS 17.465125
GIP 0.856819
GMD 80.994465
GNF 9873.357999
GTQ 8.788333
GYD 238.722293
HKD 8.848548
HNL 29.431933
HRK 7.534098
HTG 149.307164
HUF 404.328564
IDR 19166.691798
ILS 4.127418
IMP 0.856819
INR 97.14888
IQD 1494.978118
IRR 48040.649287
ISK 146.007378
JEP 0.856819
JMD 180.76141
JOD 0.808919
JPY 162.244805
KES 147.731395
KGS 99.760127
KHR 4566.499656
KMF 493.386381
KPW 1026.692336
KRW 1641.042437
KWD 0.349749
KYD 0.950997
KZT 585.190057
LAK 24683.369827
LBP 102212.926182
LKR 341.751753
LRD 227.64099
LSL 21.30462
LTL 3.368395
LVL 0.690039
LYD 6.242858
MAD 10.580087
MDL 19.54671
MGA 5147.719945
MKD 61.553306
MMK 2395.477676
MNT 4073.570578
MOP 9.116222
MRU 45.162707
MUR 51.619833
MVR 17.579546
MWK 1978.19458
MXN 22.352576
MYR 4.971243
MZN 73.008614
NAD 21.30462
NGN 1831.185579
NIO 41.991383
NOK 11.806653
NPR 155.166012
NZD 1.912066
OMR 0.439206
PAB 1.141091
PEN 4.182345
PGK 4.623565
PHP 64.362474
PKR 320.673116
PLN 4.267794
PYG 9137.172187
QAR 4.159191
RON 4.977976
RSD 117.831219
RUB 94.291218
RWF 1609.643891
SAR 4.279173
SBD 9.530343
SCR 16.496695
SDG 685.034147
SEK 10.947847
SGD 1.4939
SHP 0.896466
SLE 25.899685
SLL 23921.342521
SOS 651.952421
SRD 42.037662
STD 23611.620524
SVC 9.984552
SYP 14832.197421
SZL 21.121387
THB 38.078835
TJS 12.038155
TMT 3.992692
TND 3.402351
TOP 2.671797
TRY 43.857991
TTD 7.744695
TWD 37.014078
TZS 3068.668932
UAH 47.569776
UGX 4185.064123
USD 1.140769
UYU 48.042866
UZS 14772.962132
VES 98.730054
VND 29660.000818
VUV 137.556436
WST 3.153067
XAF 659.419079
XAG 0.034467
XAU 0.000342
XCD 3.082986
XDR 0.818879
XOF 656.505185
XPF 119.331742
YER 279.605762
ZAR 21.122997
ZMK 10268.29402
ZMW 31.864294
ZWL 367.327237
  • RBGPF

    -2.5700

    60.88

    -4.22%

  • JRI

    0.0600

    12.8

    +0.47%

  • SCS

    -0.0300

    9.86

    -0.3%

  • RELX

    -0.1900

    53.36

    -0.36%

  • CMSC

    -0.0100

    22.32

    -0.04%

  • CMSD

    0.0200

    22.48

    +0.09%

  • BCE

    0.1600

    21.81

    +0.73%

  • RIO

    0.3100

    60.87

    +0.51%

  • BCC

    -0.1800

    95.33

    -0.19%

  • RYCEF

    0.0300

    10.18

    +0.29%

  • NGG

    0.8100

    72.85

    +1.11%

  • AZN

    0.3600

    69.93

    +0.51%

  • GSK

    0.6300

    38.06

    +1.66%

  • BTI

    0.3400

    42.39

    +0.8%

  • VOD

    0.2200

    9.57

    +2.3%

  • BP

    -0.0600

    29.13

    -0.21%

NBA to review European league proposal
NBA to review European league proposal / Photo: Ethan Miller - GETTY IMAGES NORTH AMERICA/AFP

NBA to review European league proposal

The NBA is to review a proposal to create a European basketball league, a spokesperson confirmed on Tuesday, after a report detailed a new competition that could feature up to 10 teams.

Text size:

Sports business news website Sportico said league owners will consider a plan that includes eight to 10 franchises, including up to four teams who already play in the EuroLeague -- Europe's top club competition.

The proposed league would also feature new franchises in cities such as London and Paris, which could be worth as much as $500 million, Sportico reported, citing a source with direct knowledge of the plans.

An NBA spokesperson told AFP the league would consider the issue of a European league this week, noting that any new competition would be launched "in partnership" with FIBA, world basketball's governing body.

"At this week's NBA Board of Governors meeting, the league will report on its exploration of a new men's basketball league in Europe, in partnership with FIBA," the spokesperson said.

Rumours of the NBA taking a bigger role in European basketball have swirled for several months, with deputy commissioner Mark Tatum saying last October there was an "untapped opportunity" to grow the sport in the region.

"There's no doubt that I think there is an opportunity for the game of basketball to continue to grow in Europe," Tatum said on a conference call.

"And, you know, what we're focused on is really working with FIBA and our partners in Europe to tap into this untapped opportunity to further grow the game of basketball there."

Tatum noted that despite basketball's popularity in Europe, the sport had "less than a one percent share of the commercial market."

"So we just think there's an opportunity to have a better model for European basketball," Tatum said.

Sportico reported that while no formal vote on the European league proposal had been scheduled during this week's meetings in New York, team owners could nevertheless vote on the plan "at any time."

Sportico reported that under the proposal being considered, the NBA would sell permanent franchise slots to outside investors, such as sovereign wealth funds, private capital, wealthy individuals or existing European basketball clubs.

L.Muratori--NZN