NBA Weighs $7 Billion to $10 Billion Expansion Teams in Las Vegas and Seattle
Updated
Updated · Las Vegas Review-Journal · Jun 4
NBA Weighs $7 Billion to $10 Billion Expansion Teams in Las Vegas and Seattle
3 articles · Updated · Las Vegas Review-Journal · Jun 4
Summary
Adam Silver said the NBA is in talks with multiple ownership groups in Las Vegas and Seattle after identifying those two cities in March as its expansion focus.
By year-end, the league plans to decide whether to add teams in one city, both or neither, with Silver stressing expansion is not guaranteed.
PJT Partners is evaluating bidders, arena plans and the leaguewide economic impact, while any expansion would need approval from 75% of the NBA’s 30 owners.
In Las Vegas, interested parties include Magic Johnson’s MAGI group and Golden Knights owner Bill Foley, with T-Mobile Arena among possible sites if it undergoes hundreds of millions of dollars in renovations.
Why has the price for an NBA team skyrocketed from $300 million to a potential $10 billion in just two decades?
With two new teams, will the NBA's talent pool be stretched too thin, leading to a less competitive product on the court?
Can Seattle's new ownership resurrect the SuperSonics' legacy, or is the city destined to repeat its past NBA heartbreaks?
NBA’s 2026 Expansion: Seattle, Las Vegas, and the Financial Stakes of Growing to 32 Teams
Overview
The NBA is moving forward with expansion plans, as the Board of Governors voted in March 2026 to advance the process. However, Commissioner Adam Silver emphasized that no final decision has been made, reflecting ongoing debates among owners about the league’s need to expand. If approved, new teams would not join until the 2028-29 season, giving the NBA time to carefully assess potential markets and logistics. For any expansion to happen, at least 23 out of 30 team governors must agree, highlighting the significance and careful consideration behind this major decision for the league’s future.