Dubai's looming entry into the EuroLeague is sparking a wave of anticipation across the basketball world. With €150 million on the table over six years, courtesy of the Emir, the world is taking notice.
Initially aiming to host two Final Four tournaments, they shifted gears to propose a Super Cup during the season, a move that piqued interest across Europe.
Dubai's eyeing a collaboration with the EuroLeague to establish a league in the Middle East, offering a direct path to EuroLeague qualification for the regional champion. They're eager to field their own team, boasting a state-of-the-art facility, the Coca Cola Arena.
There are however, hurdles to clear. Budgets need careful consideration, and decisions must be made about which league to compete in. The ABA League has been floated as a potential option, adding another layer of complexity.
The most pressing concern is the future of the EuroLeague itself. With the league's contract with IMG set to expire in 2025, there is tons of uncertainty.
Teams like CSKA Moscow and Maccabi Tel Aviv, with their stake in the league's ownership, are understandably nervous about what comes next.
For Dubai, this is a strategic move with far-reaching implications. This could reshape the landscape of European basketball. Decisions are expected as early as today, with several teams still on the fence. The hesitancy stems from geographical and political issues along with the overwhelming topic of money.
If this deal goes through, expect big name NBA veterans to end up in Dubai, following the path of Christiano Ronaldo. The money would be lucrative and would give them an opportunity to play abroad and see the world...Hello James Harden.
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