APBRmetrics

"Real Madrid, Barcelona, Fenerbahce, and ASVEL have until the 15th of January to give their commitment. All other clubs have already signed, including those who can be considered NBA Europe targets, like Bayern Munich, Milan, and the Greek duo of Panathinaikos and Olympiacos."

Would Euroleague sue a team that breaks its renewal? Negotiate buyout? Let a non-renewal back in?

ASVEL seems like a no chance, without a massive new partner.

Will it be 0, 1 or 2 who pull out with serious intent to join NBA Europe? I'd guess 0 right now.



NBA with another meet & greet on the 19th... so not expecting anything before then or probably in near term after.

Unveil bidding process? Set a minimum? What will they say new? Answer all remaining questions? Has anyone made a bid? At minimum ask?

"The quoted [franchise] price tag of $500m to $1bn is understood to have caused some pushback, however, with suitors – especially those attached to top football clubs – believing they bring significant value to the project."

Scenario:

All 3 of the Euroleague teams that matter re-sign with Euroleague.

The 2+ big football teams say that the NBA share has to be 25% or less and franchise fee has to reflect their value and the value of their fans and media leverage. Or they just say this is too vague or no thanks, we got our business to tend to and protect.

And the NBA response is...? See ya or wait fellas, let's talk?

Has the Euroleague made any offers to football clubs? Who are its main targets to go to 24 with? Existing clubs or potentially new?

How many of the rich individuals are really willing to accept the terms, work and spend? Why is the revenue model still completely imaginary with no evidence of development?

New article says "F.C. Barcelona’s liabilities have reached 2.5 billion euros"...

Can't see them joining. Or Real Madrid. And who is going to buy high priced franchises and compete with both their basketball and football operations? Fools? Enemies?

Could some capital teams be influenced or forced to give up basketball in time? Focus on football? How many years? How likely? At what consequence to the fans and revenue expectations?

Spain unlikely, UK unlikely to succeed, Germany and Italy unlikely to pay. Turkey and Greece unlikely to pay if it doesn't look like a slam dunk money maker. Can't see European media agreeing to super jacked rights fees, especially for a diminished lineup of teams.

I've followed it and tried to assess fairly but
I still can't see this working as advertised and not even close. But slowly we'll find out. Full vision, modified or none?


A new study showed NBA and WNBA with highest valuation / revenue ratio to major global pro leagues. May have lead to over-confidence in their genius. Maybe they can pull it off? Or maybe the NBA and WNBA will look not as good in intermediate to long-term future?

Intra-Euroleague politics:

https://basketnews.com/news-238366-euro ... rgets.html

"Existing NBA owners have also shown interest in buying stakes in European teams, the report adds."

Will it be allowed?


"Investors may not need to commit large amounts of cash upfront, as the league is considering allowing them to buy in over several years.

Financing options for potential teams are still under discussion, and nothing has been finalized."

Several years or a decade plus?


Media parroting the $1 billion dollar franchise ask. Anybody that pays that better plan on owning beyond a decade. There are likely better options in sport and otherwise.

How much of NBA fees, if any, will go back into infrastructure and marketing? Or are they 100% team obligations paid into a central office controlled by NBA? Will NBA offer more than token support for youth development and junior leagues?

To be market worth $1 billion, NBA Europe teams probably need to make $100+ million in revenue annually. Maybe not immediately but on average.

Suggesting $30-40+ million player payrolls? At least $25 million?

EuroLeague meeting tomorrow.

Barcelona says they are staying in Euroleague. But formal commitment is pushed to end of month.

Asvel says they are staying, Paying to join NBA Europe never was realistic without sale of all or nearly all of the team.

Fenerbahce wants more time or a 5 year commitment with a team option for 5 more.

Real Madrid has said nothing yet but some expect an announcement today. But they may delay, again.

Conceivably NBA could retain city franchises if they don't get the money they seek or the desired partner, If they are willing to spend to operate a team or forego its inclusion at the start.


Potential room to maneuver on both sides.

All teams have a $10 million buyout option but I am not yet aware of all the terms. A new source says it is $10 million and additional damages as appropriate.

So it is 0 to 2 Euroleague teams possible for NBA Europe, barring a complete new league to league negotiation or buyout exits.

Still think it goes to 0. And then what?

Competition with a nearly complete or complete and probably expanded Euroleague.


Scheduling NBA Europe mostly on weekends makes sense if they can get the timeslots. Go against local league games.
If you have few teams in local leagues you may not defer to their schedule. How will at large / wildcard teams manage? Disruption? Or head to head with EuroLeague in same mostly weekday timeslots? They could, but...will they win that?


Euroleague threatening to sue for interference if NBA continues to talk with EL signed teams. NBA says they can. Will they? Losing in court on that could invite more political or legal action. Could be consequences for the teams too.


Euroleague considering replacing CEO. Don't know the backstory on that yet.


Plenty of details could use more reporting.