GOTY
Steelhead
Still unconfirmed rumors, but looks like once the current NBA TV deal expires in 2024, Seattle and Vegas will be getting expansion teams.
The NBA took a massive hit during COVID, and the price tag on an expansion team is rumored to be $2.5 billion. That cash gets distributed across the existing owners, so it is tough to see a scenario where they turn down $5 billion in cash. The league is healthy enough where expansion makes sense, each league is desperate to get a team in Vegas. It all makes too much sense.
The NBA took a massive hit during COVID, and the price tag on an expansion team is rumored to be $2.5 billion. That cash gets distributed across the existing owners, so it is tough to see a scenario where they turn down $5 billion in cash. The league is healthy enough where expansion makes sense, each league is desperate to get a team in Vegas. It all makes too much sense.