NBA owners vote to explore expansion in Seattle, Las Vegas; league will now look at bids in those cities
This is the next step in an expansion process described as "when, not if."
As was expected , on Wednesday the NBA's Board of Governors — made up of the 30 league owners — voted to explore expansion, specifically in Seattle and Las Vegas. This means the league will take the next step of surveying interested bidding groups for two cities. Those discussions will include the franchise fee to buy the team — expected to be at least $7 million per team — and details such as where the team would play in the city.
There would be other votes needed down the line to formally expand the NBA to 32 teams, but the fact that at least 23 of the current 30 owners voted for this step means expansion is very likely coming to the league before the end of the decade. "Today's vote reflects our Board's interest in exploring potential expansion to Las Vegas and Seattle — two markets with a long history of support for NBA basketball," NBA Commissioner Adam Silver said in a statement announcing the vote. "We look forward to taking this next step and engaging with interested parties.
" The hope is that both franchises could start playing in the 2028-29 season, a fairly tight timetable. While expansion talk has been floating around league circles for at least a decade, Silver wanted a new CBA with the players and a new television deal in place before seriously exploring the matter. Those things done, and with the rapidly rising value of franchises driving up the expansion fee, it has finally reached the point where the majority of owners think it is time for expansion.
Seattle and Las Vegas have been the frontrunners for NBA expansion for a while now. Putting a team in Seattle rights an old wrong. Seattle had a thriving franchise and fan base in the Sonics, but a fight over arena renovations led to the team's sale to an ownership group looking to move the team to Oklahoma City, which led to the team's relocation and the formation of the Thunder.