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✉news SportBasketball first seen 9 h ago, last 9 min ago, peak #3

Las Vegas NBA Expansion Bid Reportedly Topping $12 Billion

Original: Las Vegas NBA Expansion Bid Reportedly Expected to Top $12B, Finalist Groups Revealed

A bid to bring an NBA expansion team to Las Vegas is reportedly expected to be valued at more than $12 billion, with finalist groups for the potential franchise now revealed. The figure would rank among the highest prices ever for a US sports franchise, underscoring surging team valuations and Las Vegas's growing status as a major sports market.

Why now: Reports of a record-setting $12 billion valuation and revealed finalist groups are fueling discussion about the NBA's next expansion.

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