The NBA is planning to invest about $10bn (£7.6bn) …

· Yahoo Sports

The NBA is planning to invest about $10bn (£7.6bn) over 10 years in what sources have described as the sporting world’s biggest-ever startup competition. It is understood to have received multiple offers for the 12 franchises that exceed their targets, with prices expected to range from $500m to more than $1bn for the London franchise.

The Guardian

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