A new team could emerge in the Paris market, owned by Qatar Sports Investments, which owns soccer giant Paris Saint-Germain. The 2024 Olympic host city already counts as its own Paris Basketball, which plays in the French national league and the EuroLeague, and has home games at both of the city’s large basketball arenas.

The National Basketball Association is in discussions with some of Europe's top football clubs about backing teams in a new basketball league on the continent, in what could potentially be a significant international expansion effort by a U.