Euroleague shareholders reject NBA Europe offer, door open for future talks

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CERNOBBIO, Italy: Euroleague shareholder clubs rejected a collaboration offer from the NBA on Tuesday, according to sources familiar with the discussions, raising the prospect of a battle for the continent’s biggest teams, players and commercial riches. The door on a deal has yet to be closed though. The Euroleague said in a statement that its 13 shareholder clubs had agreed to convert into franchises, a change…