Key facts
- Real Madrid has signed a new 10-year deal with EuroLeague basketball.
- The NBA is seeking bids for franchises in a new European league.
- Established clubs like Real Madrid have reportedly balked at proposed NBA entry fees.
- The deal strengthens the EuroLeague's position against NBA expansion.
- Real Madrid's commitment is to the European competition.
Real Madrid has solidified its commitment to European basketball by signing a new 10-year deal with the EuroLeague. This agreement is seen as a significant move to bolster the European league's position, particularly in the face of potential expansion by the NBA. Reports indicate that the NBA has been exploring opportunities to establish new franchises in Europe and has been soliciting bids for these potential expansion teams. However, established European clubs, including Real Madrid, have reportedly expressed reservations or balked at the substantial entry fees proposed by the NBA for these new ventures. The renewal with the EuroLeague underscores Real Madrid's dedication to the existing European basketball structure and presents a challenge to the NBA's international expansion strategies. This move by Real Madrid could influence other major European clubs in their decisions regarding potential NBA overtures.