June 30 : The NBA is "extremely encouraged" by the final bids received for permanent franchises in a new NBA and FIBA-backed league in Europe planned for October 2027, Deputy Commissioner Mark Tatum said on Tuesday. The NBA has received many bids within and exceeding the $500 million to $1 billion range in each of its 12 target cities, including from more than 20 existing basketball and football clubs, many of which are current EuroLeague teams. "This will be the biggest influx of capital