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League Expansion Announcement Coming?

Posted on 9/7/22 at 1:35 am
Posted by TigerinATL
Member since Feb 2005
61648 posts
Posted on 9/7/22 at 1:35 am
quote:

WillieGRamirez @WillieGRamirez · 1h

Multiple sources have told me the NBA want to finally announce expansion to Las Vegas and Seattle during the Clippers’ two preseason games at Seattle’s Climate Pledge Arena, on Sept. 30 and Oct. 3.

The Lakers then play two preseason games in Vegas on Oct 5 and 6.


This guy is a long time sports reporter in the Vegas area. So if expansion was recently approved it would make sense for locals to hear about it. It also makes sense to try and get this done sooner than later because expansion fees are currently not considered BRI to be split with the players. That's probably not something the league wants to be haggling over in CBA negotiations 2 years from now.

If expansion happens it would be pretty meaningful to the Pels. They are expecting to get $2.5 Billion per team in expansion fees. Adding 2 teams means a one time windfall of $166 million for each existing team. That will cover some tax bills.
This post was edited on 9/7/22 at 1:37 am
Posted by PrayingMantis
Member since Jul 2013
1145 posts
Posted on 9/7/22 at 4:33 am to
So we get bumped to the East when the East is finally not insanely less talented than the West. Cool
Posted by cgrand
HAMMOND
Member since Oct 2009
39144 posts
Posted on 9/7/22 at 4:36 am to
quote:

If expansion happens it would be pretty meaningful to the Pels
it would also mean a two team expansion draft. I’d imagine teams would only be able to protect 8 players

who’s your 8?

McCollum
Ingram
Zion
Jones
Murphy
Jose
Daniels
Nance (?)

in addition to the franchise fee wit would be a one-time opportunity to dump contracts and teams with multiple upcoming 1sts will benefit
Posted by jrobic4
Baton Rouge
Member since Aug 2011
7326 posts
Posted on 9/7/22 at 7:37 am to
quote:

Seattle’s Climate Pledge Arena


I don't care what your politics are, but this is a stupid arse name for an arena. They just keep getting worse and worse... Doesn't make Smoothie King center sounds so bad after all though
Posted by Fun Bunch
New Orleans
Member since May 2008
116640 posts
Posted on 9/7/22 at 7:42 am to
quote:

Seattle’s Climate Pledge Arena




But yeah all of a sudden for the past year the Wolves have been the favorites to move East when in the past it’s always been us or Grizz.

I think it has something to do with the new ownership group personally.
Posted by FatMan
Louisiana
Member since Oct 2016
1798 posts
Posted on 9/7/22 at 8:43 am to
I have a feeling it would be Memphis unfortunately... We are so close to the Texas teams and Memphis closer to the Midwest teams. But I'd love to join the East.

Also could see a scenario where they completely get rid of
divisions.

ETA: Minnesota, forgot about them, that's the team
This post was edited on 9/7/22 at 8:46 am
Posted by Parrish
New Orleans
Member since Sep 2014
2137 posts
Posted on 9/7/22 at 9:34 am to
Tom bought the team for $338 million and Gayle's about to get a half that back in expansion fees and the franchise is worth $1.5 billion. It's only been 10 years!
Posted by Sauce Castieaux
Asheville, NC.
Member since Nov 2015
5038 posts
Posted on 9/7/22 at 2:17 pm to
Durant finishes his career in Seattle
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