NBA Expands Horizon: Seattle and Las Vegas as Expansion Targets
NBA owners voted to explore adding a 32nd team, focusing on Seattle and Las Vegas. The league will survey bidding groups, discuss a $7–$10 billion franchise fee, and evaluate venues and market economics, aiming for a 2028-29 start; PJT Partners will advise on markets, ownership groups, and arena plans, with further votes likely before formal expansion.