Basketball Business

The $62 Billion Question

Mark Walter bought the Lakers for $10 billion and flipped them 14 months later for $12.5 billion. His buyers are already telling investors it's worth five times that. Inside: the EuroLeague's make-or-break vote, a Gulf season opener, and betting money flooding European hoops.

Basketball's Youth Boom Becomes an Asset Class

The smart money in basketball used to wait for the draft. Now it is chasing teenagers, training gyms and grassroots courts from Portland to Nairobi. Inside: the EuroLeague's make-or-break week, Abu Dhabi's season opener, and a cruise line on Virtus Bologna's jersey

The EuroLeague Goes Full Franchise

Europe's biggest basketball league just went full franchise mode, and the money lining up behind it tells you where the sport is heading. Inside: Africa runs the same playbook, Japan sets a price of admission, and a Jordan jersey goes up like fine art.

FIBA assembles its commercial machine ahead of Qatar 2027

One week, four deals: how basketball's global governing body is building the commercial machine of a modern property, with Qatar 2027 as the showpiece.

The Gulf's basketball land grab: a EuroLeague club in Dubai, a new trophy in Abu Dhabi

Two emirates, one strategy: Dubai builds a club inside Europe's league while Abu Dhabi buys the events it stages.

Redrawing basketball's map: the NBA and EuroLeague expand at once