The NBA and FIBA are reportedly moving closer to launching a new professional basketball league in Europe, with plans to engage ownership groups and discuss potential teams starting in January. NBA Commissioner Adam Silver revealed that there has been immense interest from various investors, including notable clubs like Manchester City and PSG. The league, tentatively called NBA Europe, is expected to be officially announced by March, with discussions on its structure and operation already underway. As both organizations work together, they are optimistic about attracting significant investment and creating viable professional opportunities in European basketball. NBA Deputy Commissioner Mark Tatum emphasized the strategic alignment within both bodies as they prepare for the next steps in this ambitious project.