purchase

Luka Doncic could be involved in two championship bids this upcoming season.

The Lakers superstar and former Dallas Mavericks general manager Donnie Nelson are leading an investor group that acquired a professional basketball team in Italy, it was announced Friday, with hopes that the franchise could become part of the NBA’s new European venture.

The group plans to move Vanoli Cremona, a team that plays in a northern Italian city about 60 miles southeast of Milan, to Rome, and submitted a bid for the club to join NBA Europe, making Doncic the first player to state his ambition to become part of the NBA’s expansion across the pond.

“I have dreamed about owning a team in Europe for a long time, to finally have this happen is amazing,” Doncic said in a statement. “Vanoli has a great history, and we are ready to take it to the next level in Rome. We have an amazing group of partners, and I really believe we can do something special for basketball in Italy and Europe.”

NBA commissioner Adam Silver said this year that the NBA is working with FIBA, the world governing body for basketball, to begin a stand-alone league in Europe. The league could begin as soon as October 2027 with up to 16 teams hosted in major cities in England, France, Spain, Italy, Germany, Greece and Turkey.

Rome and Milan are the top Italian targets to host NBA Europe teams. Rome, the Italian capital, has not had a Serie A team since 2020, when Virtus Roma ceased operations because of financial difficulties. Vanoli will begin playing in Rome for the 2026-27 season.

“Rome deserves world-class basketball, and we are excited to be bringing it back,” Nelson said in a statement. “Vanoli Cremona has a proud history, and we are committed to honoring that legacy as we build toward an exciting future in Rome. This city has been without top-flight basketball for too long. That changes now. We are bringing the resources, the expertise, and the passion to make this club a source of pride for Rome and for all Italy.”

Nelson, who is the lead investor and managing partner, was the general manager when the Mavericks traded for Doncic on draft night in 2018 and was the architect of Dallas’ 2011 NBA championship team led by German star Dirk Nowitzki. The investor group also includes Valerio Bianchini, a celebrated coach in the Italian league, and Rimantas Kaukėnas, a 17-year pro across European leagues.

The 27-year-old Doncic, who was born in Slovenia and started his professional career with Real Madrid in Spain, is part of a recent wave of international stars taking over the NBA. The last eight most valuable players have been born outside of the United States. Doncic finished fourth in MVP voting this year behind two-time winner Shai Gilgeous-Alexander, who is from Canada, three-time MVP Nikola Jokic, who is from Serbia, and Victor Wembanyama, a 22-year-old Frenchman expected to dominate the league for years.

The NBA played two regular-season games in Europe this season, with the Memphis Grizzlies and Orlando Magic facing off in Berlin and London. Next season, Wembanyama and the San Antonio Spurs will play in his home country against the New Orleans Pelicans and in Manchester, England.

Kobe Bryant rookie trading cards aren’t particularly rare. And because rarity equates to value, standard issue 1997 cards featuring the late Lakers great retail for a pedestrian $100 to $300.

Then there are 1997 Kobe Bryant Metal Universe Precious Metal Gems Green cards, which just by typing that highfalutin name can give even the most savvy collector goose bumps.

The key word is green. Most Bryant rookie Metal Universe Precious Metal Gems cards have a red background and fetch around $300,000. Only 10 were made with a metallic green background and only three have been graded by respected grading firm Professional Sports Authenticator (PSA).

So green translates to greenbacks. Alt, a company that enables users to sell, buy and securely store collectible cards, announced Thursday it purchased one of those — take a breath first — 1997 Kobe Bryant Metal Universe Precious Metal Gems Green cards in a private transaction for $3.15 million.

The company said on Instagram that the purchase makes it the most expensive Bryant card ever sold, eclipsing the previous record of $2.4 million set in September. Another copy of the same card sold for $2 million in 2022.

“It was on every collector’s wall, in every price guide, at the top of every wish list,” Alt CEO Leore Avidar Avidar said on Alt’s Instagram page. “Acquiring it for our fund is personal, but it’s also a reflection of where this market has gone.”

The image of Bryant in midair passing — not shooting! — highlights the card, which earned a PSA 5 grade.

The card adds to Alt’s impressive collection. The fund set price records at time of purchase for LeBron James, Stephen Curry and Giannis Antetokounmpo cards in addition to the one of Bryant.

The most paid for a sports trading card was $12.932 million for a 2007-08 Upper Deck Exquisite Collection Dual Logoman Autographs signed card featuring Bryant and Michael Jordan last fall. The purchase was made by investor and “Shark Tank” personality Kevin O’Leary along with veteran collectors Matt Allen and Paul Warshaw and surpassed the previous record of $12.6 million held by a 1952 Topps Mickey Mantle card.

The Bryant/Jordan card is the second-most expensive sports collectible of all time behind Babe Ruth’s 1932 World Series “called shot” jersey, which sold for $24.12 million in 2024.

High-end Bryant cards remain coveted by collectors. Allen, well known in the industry as Shyne150, privately spent $4 million on two Bryant 1-of-1 signed Panini Flawless Logoman cards.