What Has The NBA Said About Expansion Plans?
In April, the league’s board of governors voted to authorize an expansion plan to “formally explore” establishing new teams in Las Vegas and Seattle. NBA Commissioner Adam Silver said the vote reflected the board’s interest in potential expansion into “two markets with a long history of support for NBA basketball.” The announcement did not include a timeline, but last week, Silver said the NBA is targeting a 2028-29 season debut for the two new teams.
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Who Else has expressed interest in the vegas team?
Los Angeles Lakers superstar LeBron James had previously expressed interest in acquiring an ownership stake in a potential Las Vegas franchise. In a 2022 episode of his talk show, James said: “I want a team in Vegas…I want the team in Vegas.” However, in March this year, James was asked if he was still interested and said, “No, I’m not. Not at all.” Last week, Bill Foley, the billionaire owner of the Vegas Golden Knights hockey team, announced plans to bid for the new Vegas Franchise. Another potential bidder is NBA Legend Magic Johnson, who met with Nevada Gov. Joe Lombardo and other officials as part of an effort to launch a formal bid.
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