NBA Europe franchise bids coming in at at least $500 million
· Yahoo Sports
The latest bids for NBA Europe franchises were due Monday, and they came in at $500 million or higher in each of the 12 target cities, with multiple bids of more than $1 billion. Bids were made by more than 20 existing basketball and soccer clubs, including current EuroLeague teams, according to someone familiar with the details.
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This article originally appeared on Hoops Hype: NBA Europe franchise bids coming in at at least $500 million