NBA owners discussed expansion in Las Vegas, Seattle, amid report of $10 billion bids
However, no votes were taken and nothing official has happened. Yet.
During a recent NBA owners meeting in New York, discussions about potential expansion to Las Vegas and Seattle took place, though no final decisions were made. NBA Commissioner Adam Silver confirmed that bids for Las Vegas teams are due Thursday, while those for Seattle will be determined soon. ESPN’s Shams Charania reported that those bids could reach $10 billion.
Patrick Dumont, the Dallas Mavericks governor and CEO of Las Vegas Sands, played a significant role in the Las Vegas expansion conversation, focusing on potential arena locations. Silver acknowledged that Dumont led the discussions as an independent party, bringing considerable expertise to the table. The current T-Mobile Arena, home to several sports teams, would require substantial upgrades before an NBA team could occupy it.
While the Las Vegas expansion talks have gained more momentum, Silver pointed out that Seattle's Climate Pledge Arena, a state-of-the-art facility, could potentially allow a team to start sooner. However, modifications may be necessary to accommodate NBA basketball requirements. Although no votes were taken on expansion during the meeting, Silver expressed the organization's goal of making decisions by the end of the year.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.