The NBA’s board of governors voted to move forward with the cities as targets for its first expansion since 2004. Here’s what it means for the future of the league
The NBA has moved a step closer to adding teams in Seattle and Las Vegas.
The league’s board of governors met this week and voted to explore bids and applicants for teams exclusively in those two cities, beginning the process for its first expansion in more than two decades. Bids are expected to be in the $7bn to $10bn range per franchise.
Commissioner Adam Silver had previously described this year as a target for a decision on expanding the 30-team league, which last added a new franchise in 2004. The league will now evaluate bids over the next several months.
“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 in a statement Wednesday. “We look forward to taking this next step and engaging with interested parties.”
