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NBA Expansion Costs Reach Billions | NBA News
Description
The NBA is eyeing massive expansion bids, with Las Vegas and Seattle locked in a billion-dollar battle for new franchises. Vegas could pay up to $9 billion—making it the second-most expensive deal ever—while Seattle may be slightly lower. The league plans to pick a Vegas owner first, with Nancy Walton Laurie and Bill Foley leading the pack. In Seattle, Kraken owner Samantha Holloway has hired advisors to structure her bid, though others are reportedly quietly in the mix. With WNBA teams already thriving in both cities, the NBA sees huge potential—and big money—to be made.
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