NBA Expansion
NBA board likely to vote on expansion this summer
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The NBA Board of Governors is expected to vote on league expansion this summer, with Seattle and Las Vegas emerging as the favored cities for new franchises. This development follows recent comments from Commissioner Adam Silver and a report from the Dallas Morning News. Fans in Seattle, without an NBA team for nearly two decades, are particularly hopeful.
LeBron James' hopes of owning an NBA expansion team in Las Vegas have dimmed after his expected financial partner, Fenway Sports Group, indicated it is not interested due to the high cost. This comes ahead of NBA owners' vote on advancing expansion to Las Vegas and Seattle on March 25.
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At the NBA board of governors meetings on March 24 and 25, owners will vote on advancing the expansion process for new teams in Las Vegas and Seattle. The measure requires 23 of 30 governors to approve before bids can be solicited. Full approval of the franchises would occur later this year.