Source link : https://las-vegas-news.com/nba-owners-fast-track-expansion-dreams-for-las-vegas-and-seattle/
Unanimous Backing Signals Momentum (Image Credits: Pixabay)
Las Vegas and Seattle moved significantly closer to NBA franchises Wednesday when the league’s Board of Governors unanimously approved exploration of expansion teams in both cities.[1][2] This vote clears the path for a formal bidding process, with the league now engaging investment bankers to vet ownership groups and infrastructure. Owners see these markets as prime opportunities for growth, potentially adding teams as early as the 2028-29 season.
Unanimous Backing Signals Momentum
All 30 NBA owners endorsed the measure, a rare display of consensus that underscores the league’s commitment to expansion.[2] The decision authorizes officials to solicit bids exclusively from these two locations, the first concrete step after years of discussions. NBA Commissioner Adam Silver highlighted the markets’ deep basketball roots in a statement following the vote.
“Today’s vote reflects our Board’s interest in exploring potential expansion to Las Vegas and Seattle – two markets with a long history of support for NBA basketball,” Silver said. “We look forward to taking this next step and engaging with interested parties.”[1][3]
The league last expanded in 2004 with the addition of the Charlotte Hornets. This process now involves PJT Partners, a top investment bank, to assess financial viability, arenas, and economic effects.
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Author : Matthias Binder
Publish date : 2026-03-25 18:31:00
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