NBA governors approve vote to explore expansion to Seattle and Las Vegas
The New York Times • • sports
Key Points:
- The NBA Board of Governors approved exploring expansion to add new franchises in Las Vegas and Seattle, aiming for a decision by the end of 2026, with potential teams starting in the 2028-29 season at the earliest.
- NBA Commissioner Adam Silver emphasized that while the process is moving forward, no final decisions have been made, and some owners are hesitant about expansion, though there is strong interest especially in the two targeted markets.
- Expansion fees are expected to range between $7 billion and $10 billion per franchise, with multiple bidding groups reportedly interested, including one led by Magic Johnson for Las Vegas, and strong local support in Seattle for the return of the Sonics.
- Las Vegas is positioned to become the NBA’s 31st market, joining other major professional sports teams, while Seattle remains the second-largest U.S. media market without an NBA team since the SuperSonics relocated in 2008.
- The NBA process remains open to other potential bidders or markets, and it is possible that only one team or no teams will be added, as no commitments or agreements have been finalized.
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