Real Madrid commit to EuroLeague basketball amid NBA interest after €3bn proposal Sport Business EuroLeague basketball chiefs have secured a renewed commitment from Real Madrid in the face of rival interest from the NBA after wooing teams with a €3bn package. Real Madrid are understood to have signed a new 10-year deal with EuroLeague in a move that is set to be rubber-stamped later this week. It comes just [...]
Knicks NBA finals win over Spurs smashes broadcasting records Sport Business The 2026 NBA Finals between the victorious New York Knicks and the San Antonio Spurs was the most watched series this century. The most-watched NBA postseason since 1998 averaged more than 20m viewers across broadcasters ABC and ESPN. And the crucial fifth game, which saw the Madison Square Garden Sports-owned New York Knicks win their [...]
Plans for 25,000-capacity NBA basketball arena called London Colosseum Sport Business The capital is set to get a 25,000-capacity NBA basketball arena in the Olympic Park called the London Colosseum. Jericho Estates, Peacock Gym, Torch Sports and architects Chybik and Kristof have partnered to produce plans for the stadium, which will be near the London 2012 Olympic Stadium – currently used by Premier League club West [...]
NBA-EuroLeague talks at an impasse, adding uncertainty to bidding process May 1, 2026 With a former NBA man installed at the top of EuroLeague, conciliatory noises coming from both camps and fresh talks held this week about cooperation, the prospects of a peace deal between basketball’s two biggest club organisers looked to be better than ever. But following the meeting, at the headquarters of world governing body Fiba [...]
NBA and EuroLeague hold ‘constructive’ talks over NBA Europe cooperation April 28, 2026 The NBA and EuroLeague have held fresh talks aimed at finding a solution to their stand-off over the US giant’s plans to launch a European basketball league next year. No deal has been struck but the meeting, held in Switzerland today, is being seen as a step towards a peace deal that would pave the [...]
Formula E owners bid for NBA Europe’s London franchise April 6, 2026 Formula E’s majority stakeholder has bid to buy the London franchise in the upcoming NBA Europe project, according to reports. The London franchise was the most sought after team when the period to submit non-binding bids to express an interest closed last week. NBA sources stated that they had received multiple bids of $1bn across [...]
NBA and EuroLeague line up fresh talks over compromise deal April 2, 2026 The NBA and EuroLeague are set for further meetings, perhaps as soon as next week, amid growing hopes of a resolution to their rift over a new European basketball league. The US giant and its European counterpart had been at loggerheads for months over the plans for NBA Europe to launch in 2027 and potentially [...]
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 [...]
LeBron, McIlroy, Ronaldo in $575m Whoop raise at $10bn valuation March 31, 2026 LeBron James, Rory McIlroy and Cristiano Ronaldo are among a group of athletes part of a $575m raise that values wearable technology firm Whoop at $10.1bn. The Series G funding round, raising over $500m, is led by the likes of the Audi Formula 1 investors Qatar Investment Authority and Saudi Aramco Oil Pipelines stakeholders the [...]
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 [...]