NBA Expansion Bidding More Competitive In Las Vegas Than Seattle

Coverage

• NBA Expansion Bidding More Competitive In Las Vegas Than Seattle

  Multiple investor groups have expressed early interest in NBA expansion franchises in Las Vegas and Seattle, with the league targeting fees as high as $10 billion per team. Las Vegas is drawing stronger initial interest than Seattle, according to sources familiar with the discussions. No formal bids have been submitted. The league's financial adviser, PJT Partners, is screening potential ownership groups ahead of a structured bidding process expected later this year. PJT and the NBA declined ...

  Publisher:RealGMArticle published: 2026-04-28 02:20:12 UTC

  Primary

• NBA expansion: Las Vegas and Seattle draw investor interest, valuation could reach $10B - Sportando

  According to Bloomberg, the NBA has received signs of interest from multiple investor groups for potential new teams in Las Vegas and Seattle L'articolo NBA expansion: Las Vegas and Seattle draw investor interest, valuation could reach $10B proviene da Sportando.

  Publisher:SportandoArticle published: 2026-04-28 10:00:31 UTC