The NBA and FIBA are exploring the possibility of launching a new European professional basketball league, NBA commissioner Adam Silver and FIBA secretary general Andreas Zagklis said at a press conference Thursday.

The NBA is ready for expansion, big expansion, but it’s not in Seattle or Las Vegas — the league is going all the way overseas. NBA commissioner Adam Silver and FIBA secretary general Andreas Zagklis sat side-by-side on a dais in New York on Thursday afternoon,

The NBA and the International Basketball Federation (FIBA), global basketball’s governing body, are in talks with European soccer clubs about a potential new hoops league on the continent.