NBA cities eyeing a chance at NBA expansion have hope, as the association has been discussing adding one or more teams. Looming is a possible interest in an ownership bid from LeBron James, nearing the end of his playing career.
Spotrac shares insight into the process the NBA uses for expansion, take a look.
THE EXPANSION PROCESS
When the NBA decides it’s time to expand, they’ll start the process by allowing cities and ownership groups to bid for teams. Yes, we can all assume that Seattle and Las Vegas are probably the most likely cities to get teams. But that’s an assumption, and nothing more.
Read the complete analysis from Spotrac HERE
Several other cities will be in the mix. Adam Silver himself recently mentioned a return to Vancouver as being on the table. He said Montreal has reached out the NBA on being a potential expansion city. Silver also talked about Mexico City being an area that the league is partnering with, with the current G League team potentially being a precursor to an NBA team at some point.
Stateside, there are a lot of cities that have expressed interest in having their own NBA team. Louisville, Kansas City, St. Louis, Pittsburgh, Virginia Beach and San Diego have all been in the mix at various points.
So, even if Seattle and Las Vegas are the heavy favorites, the NBA isn’t going to discard the other suitors. The reasons for this are two-fold.
First, by encouraging more cities to bid for teams, the cost of each expansion team will go up considerably. As of now, the league is expected to get somewhere between $3 and $4 billion for each team. And that’s being somewhat conservative in projecting how much money comes in. Considering the expansion fees go directly to the ownership groups of the existing 30 teams, they want those figures to be as high as possible.
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