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Las Vegas closing in on NBA expansion team, price soars to near $13 billion
Posted on 9/29/26 at 7:58 pm
Posted on 9/29/26 at 7:58 pm
LINK
TLDR: New Arena coming. Las Vegas will be awarded first. Losing bidders can pivot to Seattle if they want.
quote:
The NBA is expected to select the winning bid for ownership of the Las Vegas expansion team in the very near future, with a price of at least $12 billion to $13 billion for the franchise and a new arena, from among three finalist groups -- Nancy Walton Laurie and Bill Laurie; Steve Apostolopoulos and Marc Lasry; and Bill Foley and Jerry Colangelo -- sources told ESPN.
TLDR: New Arena coming. Las Vegas will be awarded first. Losing bidders can pivot to Seattle if they want.
Posted on 9/29/26 at 9:23 pm to LSUneaux
How does that even appreciate at that level. That’s insane.
Posted on 9/29/26 at 10:49 pm to DiamondDog
You are basically bidding $8B for the team, $2B for the Arena and an additional $3B for all the events you can host on the 300 other nights the NBA is not in town.
Having the NBA Vegas team will be a liscense to print money.
Having the NBA Vegas team will be a liscense to print money.
Posted on 9/30/26 at 10:00 am to LSUneaux
Everyone knows its going to Vegas
No one wnats to be in Seattle
No one wnats to be in Seattle

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