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NBA Eyes Seattle & Vegas for Expansion Franchises
16 Mar
Summary
- NBA franchise valuations in Seattle and Las Vegas exceed $7 billion.
- Expansion requires approval from 23 of 30 team governors.
- New teams could begin play as early as the 2028 season.
NBA expansion is currently on the league's agenda, with discussions centering on franchise valuations for both Seattle and Las Vegas. The league's Board of Governors has been openly discussing the possibility of returning basketball to Seattle.
To advance, any expansion proposal needs a significant majority vote, requiring approval from 23 out of the 30 team governors. Reports suggest that new franchises could be operational by 2028, with valuations estimated at over $7 billion.
While Las Vegas hosts NBA events like the Summer League, it has never had a permanent NBA franchise. The league's last expansion was in 2004, and accommodating two new teams might necessitate conference realignment, possibly involving a current Western Conference team moving to the East.
