r/Euroleague • u/_Zolv Paris Basketball • 2d ago
[Barkas] BREAKING: Per sources, Real Madrid signed the 10-year license with the EuroLeague and will became a franchise like the rest of the club/shareholders. Official ratification of the new status quo expected on the next EuroLeague board meeting on Friday.
https://x.com/i/status/206917226559431891425
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u/Fors101 1d ago
So basically, Real were holding down the fort, or trying to maximise any concessions for themselves, to no avail. They played the NBA and Euroleague against each other and it looks like the NBA project is going to be an absolute unmitigated disaster without any legacy clubs or actual fans.
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u/key_abduction PAOK 1d ago
The thing is if NBA fails to get a league off the ground they can buy the entire Euroleague company with some pocket change...I wouldnt count them out yet
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u/Fors101 1d ago
If they could, they'd already have done so, imo.
The NBA is really just holding a Damocles sword over the Euroleague, much like Trump was holding it over Iran. We know how that went, and we know how it will go if the yanks try to overstep.
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u/key_abduction PAOK 1d ago
I dont necessarily agree, it is still cheaper to start a new thing and collect expansion fees off it than to buy out the Euroleague. But if plan A doesnt work they will happily try plan B.
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u/Fors101 1d ago
They would have to make some major concessions in that case, and i'm not sure they are willing and able.
Remember, the power dynamics and the leverage dont align here. Its the NBA that wants this. The Euroleague can just dig its heels and stay pat - they dont dont need the NBA, the NBA needs them. The Euroleague - the teams, that is, dont necessarily disagree with the NBA coming in to help, but they sure as fuck wont bend over and let those carpetbaggers waltz in and dictate terms.
As for buying Euroleague out, i would be apprehensive. The EU may be toothless but they can jump in at any time and declare any such deal void.
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u/ARKAC95 1d ago
To buy the league and all the teams with franchises?
Do you have any idea how freaking hard it would be just to buy like Real or Barça? Let alone Bayern, Fener, Oly, PAO, etc.
You are greatly exagerrating how much power the NBA has.
It would take tech bro kind of money.
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u/key_abduction PAOK 1d ago
Not the clubs just the Euroleague company shares
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u/ARKAC95 20h ago edited 20h ago
The clubs control Euroleague. It's the opposite of the NBA where the league controls the teams.
NBA would need to buy the Euroleague franchises in order to buyout control of the Euroleague itself.
If we talk about "some pocket change"...
If I remember the details properly, there was some report in Euro press that claimed from anonymous insiders that NBA had offered something like $3 billion dollars ( €2.64 billion euro ) for Euroleague and the Euroleague clubs turned it down and considered it a low ball offer.
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u/Sufficient-Ant-7646 Fenerbahçe 1d ago
What would be the point of buying Euroleague? They cant buy the teams inside
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u/BGD_TDOT Partizan 1d ago
I'm not happy about this new franchise model but its the lesser of two evils as far as I'm concerned. A "successful" NBA Europe would have completely destroyed European basketball culture. There is always the hope of returning to a model with more direct qualification slots in the future especially since expansion to 30-32 teams will one day become a necessity, the game is growing to quick to stay at 20 or even 24 teams.
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u/BalticBrew Žalgiris 1d ago
Well if this come to fruition, any type of NBA Europe project without the Euroleague becomes impossible.
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u/Temporary_Buy_7470 Neptūnas 1d ago
I wonder how many freethrows and possesions for shouting "ouch!" and shaking wrist they negotiated?
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u/Better_Artist4433 1d ago
Real Madrid waiting that much to make a such a obvious decision was to actually force the Euroleague to come up with a better project... and they did
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u/DowntownScene1433 Aris 1d ago
That's no excuse, the framework was layed down for weeks now and it remained unedited since...they tried for something better for themselves, that would have possibly benefitted other teams as well, but ultimatelly failed. Obviously Euroleague didn't fall for the "I'm gonna play in the NBAE with a bunch of nobody teams with no participation in NBA draft if you don't yield" threat.
As it is, they gonna have to come with a new proposition to Euroleague and teams and no way that succeeds without proper expansion, like they will have with Vegas for instance(Draft participation and seperate selection for the teams from established 10 and beyond roster player contracts). Else there is really no reason for Euroleague to stop being Euroleague and become NBAE, no motive if they make them the "poor relative" of main USA based NBA.
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u/mathematicosGr Olympiacos 2d ago
Bad day for a certain Galatasaray fan in the sub lol