NBA Eyes Seattle, Vegas Expansion, Billions in Fees

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The NBA is considering expansion for the first time in two decades, with Las Vegas and Seattle as the exclusive target cities.

The league’s Board of Governors recently voted to explore bids and applicants for new franchises in both locations. This decision initiates a process to potentially add teams to the league.

The move sets the stage for competition to acquire these professional teams, occurring amidst a period of increasing team valuations. The Board of Governors has approved a plan bringing the league closer to expansion.

This vote allows the NBA to formally begin evaluating potential expansion franchises in Seattle and Las Vegas.

NBA explores adding teams in Seattle and Las Vegas

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NBA Sees Expansion Franchise Fee as High as $10 Billion

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