NBA Putting Pressure On Seattle Bidders For Higher Expansion Fees

The NBA has intensified its focus on potential expansion bids for Seattle and Las Vegas, according to current league commissioner Adam Silver. The pressure seems to be aimed at Seattle franchise bidders to bring their proposed expansion fee closer to $12 to $13 billion, which is similar to the amount Las Vegas is reportedly willing to spend.

ESPN's Brian Windhorst reported that Seattle is no longer considered a sure thing as an expansion city alongside Las Vegas. In addition, the NBA has brought Mexico City into the conversation as a potential third team to join Las Vegas, with at least one proposal for a team and arena in the Mexican capital. The league's aim is to increase the competitiveness of Seattle's bids and possibly attract new investors to boost the franchise's value.

Seattle's arena situation is seen as a positive, given that Climate Pledge Arena is already NBA-ready and located within the city. However, the arena is under the control of the Seattle Kraken, which could limit the new NBA tenant's control over game dates, times, and overall revenues. Some potential Seattle bidders are now considering alternative locations, such as a new stadium site in Marysville, Wash., owned by the Blacksun Private Equity and Tulalip Tribes.

Nonetheless, the NBA remains focused on Seattle and Las Vegas as the primary expansion candidates, with Mexico City possibly serving as a stalking horse to apply pressure on Seattle's bids.