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NBA Plans for European Expansion and London Market Growth

NBA commissioner Adam Silver recognizes the untapped potential of the London basketball market, which currently lacks a top-tier team and has minimal basketball infrastructure. The NBA aims to establish a new 12-16 team league in Europe, with permanent franchises in major cities including London, Paris, Berlin, and Madrid, funded by international investors and sovereign wealth funds. The league’s goal is to create a catalyst for growth in the UK, where basketball is rapidly expanding among youth but remains underfunded and underrepresented at the professional level. The NBA is considering licensing a new team in London, which could cost over $1 billion, with plans to build NBA-style arenas and foster local talent development through academies. The London Lions, the city’s only professional basketball team, face financial struggles and are seeking to grow through new arenas and partnerships, aiming to become a top European club. The NBA’s European league development is seen as a major opportunity to elevate basketball in the UK, with government support and interest from major sports and investment entities. The initiative aims to integrate existing European leagues and teams into a broader NBA Europe ecosystem, enhancing the sport’s profile and economic impact in London and beyond.

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