The NBA’s push into Europe is “facing skepticism from European football-club owners who are considering investing in the new league,” according to sources cited by BLOOMBERG NEWS. While a number of club owners “have expressed interest in taking stakes” in teams in the new league, they “have also registered their opposition to some of the proposed terms and questioned the lack of detail before being asked to make bids.” Sources said that club owners are “concerned with the NBA’s proposal to take just under half the income from the new competition.” Another “major hurdle is the lack of information over a potential broadcast deal.” European investors are also “questioning the franchise fees that would be paid to the NBA, voicing concern that a sizable proportion could end up back with the existing NBA owners rather than into the new league” (BLOOMBERG NEWS, 4/9).
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