The NBA plans to finalize franchise fees in the next few months with a goal of launching NBA Europe "in the next two years," the league's deputy commissioner and COO Mark Tatum said Tuesday.

Speaking with international media, Tatum said, "Yes, our goal is to launch in the next two years. Obviously, that's pending NBA and FIBA Board approval."

According to the Sports Business Journal, the NBA is eyeing franchise fees in the range of $500 million to $1 billion and has hired JP Morgan and The Raine Group to "refine" the business plan.

"In the near, immediate future we're going to start engaging in a meaningful way with potential investors in the league," Tatum said Tuesday, per TalkSport.com. "We're sort of going to the next step. And I think over the next, call it eight weeks or so, we'll

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