Mmastodon SportBasketball first seen 5 h ago, last 3 h ago, peak #2

Las Vegas NBA Franchise Valued at $12-13 Billion

Original: Las Vegas NBA Franchise Valued at $12-13 Billion, Exceeding Lakers Sale The NBA is nearing the selection of an owner for

The NBA is nearing a decision on ownership for its planned Las Vegas expansion team. According to ESPN, the franchise, including a new arena, is valued at an estimated $12-13 billion, a figure that would exceed the recent record sale of the Los Angeles Lakers. Multiple ownership groups are reportedly in the running as the league moves toward selecting an owner.

Why now: The reported valuation would set a record for an NBA franchise, surpassing the Lakers' sale price, as the league nears an ownership decision.

NBALas VegasLos Angeles LakersESPN

Open on mastodon →

Evidence

• Las Vegas NBA Franchise Valued at $12-13 Billion, Exceeding Lakers Sale The NBA is nearing the selection of an owner for its future team in Las Vegas. According to ESPN, the franchise's value, including a new arena, is estimated to be at least $12–13 billion. Three ownership… · sportbursts · 1

API: https://socialmediatrends-api.osmike.com/v1/trends/451563