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basketball

  • NBA Europe: Bids top $1bn as London team proves hottest property – sources

    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 [...]

  • NBA Europe to copy The Hundred sale process as bid deadline arrives

    March 31, 2026

    The NBA will borrow from English cricket’s playbook when its plans to launch a European league in 2027 take another step forward this week. Potential investors including Saudi Arabia’s Public Investment Fund, RedBird Capital and Qatar Sports Investments have until midnight on Tuesday New York time to lodge their bids for one of the 12 [...]

  • NBA Europe: GBBL boss Marshall Glickman in bid for London franchise

    March 26, 2026

    Marshall Glickman, the US basketball supremo behind the aborted GBBL project, is part of one of the bids for a London franchise in NBA Europe, City AM understands. Multiple sources said Glickman, formerly an executive in the NBA and acting CEO of EuroLeague, was attached to an offer for the team set to be established [...]

  • NBA Europe an exciting opportunity for Super League Basketball, says chair

    February 26, 2026

    The NBA’s creation of new teams in London and Manchester for its planned European venture is “an exciting opportunity” for Super League Basketball, says interim chair Sanjay Bhandari. The two teams are expected to play in both NBA Europe and SLB, the top-tier domestic competition, potentially offering a major boost to the profile of the [...]

  • New York Knicks could be first publicly traded NBA team in 24 years

    February 18, 2026

    The New York Knicks could become the first NBA team in more than 20 years to be publicly traded under proposals being considered by their current owners. New York Stock Exchange-traded Madison Square Garden Sports Corp currently holds both the Knicks and the NHL’s New York Rangers but could split them into two separate listed [...]

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