Sports
NBA Basketball League in Europe Draws Private Credit Lenders
Private capital heavyweights including Apollo Global Management, Ares Management Corp. and Sixth Street Partners are in early discussions to help fund the National Basketball Association’s expansion into Europe, people with knowledge of the matter said.
The NBA is exploring plans to establish a European league that could include newly created franchises and existing outfits, as well as football clubs that do not currently operate a basketball team.