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Jerry Colangelo

All articles tagged with #jerry colangelo

sports9 days ago•2 min saved

NBA nears Las Vegas expansion owner selection with $13 billion price tag

The NBA is expected to select a new owner for its Las Vegas expansion team in the coming weeks, with the combined cost of the franchise and a new arena estimated at $12 to $13 billion. Three finalist groups remain in the running, including a partnership led by Jerry Colangelo and Bill Foley. The league aims to finalize approvals for both Las Vegas and Seattle by the end of 2026, with the new teams potentially debuting in the 2028-29 season.

via NBC Sports|

#adam-silver #bill-foley #jerry-colangelo

sports9 days ago•6 min saved

NBA narrows Las Vegas expansion to three finalists, including Colangelo-Foley group

The NBA is close to selecting an owner for its Las Vegas expansion team, with three groups remaining in the final round. Jerry Colangelo and Bill Foley have joined forces, while the league aims to finalize the decision by year-end. The new franchise is expected to debut in the 2028-29 season, with total costs for the team and arena estimated at $12-13 billion.

via Arizona Sports|

#adam-silver #bill-foley #jerry-colangelo

sports10 days ago

NBA Finalizes Three Bidders for $12B Las Vegas Expansion

The NBA is poised to select a winning bidder for a new Las Vegas franchise within weeks, with the combined cost of the team and a new arena estimated at $12-13 billion. Three finalist groups have been identified, led by Nancy Walton Laurie, Steve Apostolopoulos, and Bill Foley. While Las Vegas faces arena construction delays, Seattle remains a viable secondary option with an existing venue, potentially allowing for a staggered expansion rollout.

via Bleacher Report|

#adam-silver #bill-foley #jerry-colangelo