NBA commissioner David Stern told Darren Rovell of CNBC on Thursday that the NBA expects to close on a deal that will add $200 million to the league's existing $1.7 billion credit facility.

Stern said that some of the 12 teams that eventually decided to take part in the borrowing "are doing quite fine.

"We had standing instructions to the bankers that we work with, that when the liquidity crisis eased, we would want to continue to enlarge our credit facility," Stern said. "The average business operates on credit, they draw down and pay back and this is just an indication of how credit worthy we are and how healthy our business is."