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The NBA’s private equity plan is in motion and it’s betting on the allure of sports ownership – CNBC

The NBA is banking on private equity investment to bring it financial optionality, and it could lead to foreign investors down the line.

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NBA Commissioner Adam Silver addresses the media prior to the game of the Miami Heat against the Los Angeles Lakers in Game one of the 2020 NBA Finals as part of the NBA Restart 2020 on September 30, 2020 at AdventHealth Arena at ESPN Wide World of Sports Complex in Orlando, Florida.
Ownership accoutrements.
It’s the phrase National Basketball Association commissioner Adam Silver used in 2019 to help frame the attraction of becoming a sports owner. And Silver suggested the NBA could incentivize…

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