💨 Abstract

A group of investors, including Saudi Arabia's sovereign wealth fund and Swiss bank UBS, are planning to create a new basketball league spanning Asia and Europe, aiming to rival the NBA. The league plans to create six men's and six women's teams to compete in eight host cities, including Macau, Singapore, and potential European cities. The league hopes to attract top global players and bring high-level basketball to Macau, making it a premier tourist destination.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖