US EditionExpansion plans in Seattle, Vegas reportedly on NBA docket this month
The NBA aims to expand to 32 teams by 2028-29 with franchises in Las Vegas and Seattle, with expansion fees projected between $7 billion and $10 billion, league sources said.
- The NBA Board of Governors will hold a formal vote on March 24-25 to explore adding expansion franchises in Las Vegas and Seattle, initiating a bidding process for prospective ownership groups.
- Industry executives project franchise valuations between $7 billion and $10 billion, with the league targeting the 2028-29 season for the two new teams to begin play.
- Approval requires 23 of the 30 team governors to vote in favor during both voting rounds, representing a three-fourths majority needed to proceed.
- Expanding to 32 teams necessitates conference realignment, with executives expecting the Minnesota Timberwolves or Memphis Grizzlies to shift to the Eastern Conference.
- NBA Commissioner Adam Silver noted the league intends to go "out into the marketplace" to gauge interest, with a final vote to finalize transactions expected later this year.
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NBA board of governors to discuss Seattle, Vegas expansion next week, AP sources say
The NBA may move a step closer to adding teams in Seattle and Las Vegas next week when expansion — which has been a topic for some time — will again be discussed by the league’s board of governors, two people with knowledge of the matter told The Associated Press on Monday.A vote is planned on whether to go forward with those two cities as the sole expansion targets at this point, the people said.The people spoke on condition of anonymity becaus…
A meeting will be held on 24 and 25 March at the Board of Governors to approve the entry of these franchises at 28/29
It's Finally Happening: Expansion Seems Inevitable As The NBA Will Officially Vote To Add Teams In Both Las Vegas And Seattle
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Associated Press News
NBA owners will work on expansion again next week with Vegas and Seattle the targets, AP sources say
The NBA may move a step closer to adding teams in Seattle and Las Vegas next week when expansion will be again discussed by the league’s board of governors, two people with knowledge of the matter tell The Associated Press.
Seattle SuperSonics return takes major step forward with potential NBA vote next week
The NBA’s board of governors could vote as soon as next week on whether to begin its expansion process — a major step toward bringing professional basketball back to Seattle. This would be a huge step toward the return of the Seattle SuperSonics, but it’s important to note that it’s not a done deal yet. To move forward with exploring the addition of expansion teams in Seattle and Las Vegas, 23 of 30 NBA owners must vote “yes.” The league would t…
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