LAS VEGAS (FOX5) — The NBA will be moving forward with expanding into Las Vegas and Seattle.
According to ESPN’s Shams Charania, the NBA Board of Governors voted to approve exploring bids for new franchises in Las Vegas and Seattle Wednesday. This approval will allow the league to move forward with taking applicants for new teams in each city.
MORE ON FOX5:NBA set for first expansion vote targeting Las Vegas, Seattle
Breaking: The NBA's Board of Governors has approved a vote for the league to explore bids and applicants for expansion teams exclusively in Las Vegas and Seattle, sources tell ESPN. A bidding process is expected to generate offers in the $7-10 billion range for each team. pic.twitter.com/yEaLPjnTVf
— Shams Charania (@ShamsCharania) March 25, 2026
According to Charania, the bidding process will generate offers in the $7-10 billion range for each team.
The league will examine the bids for both cities over the next several months, before approving any purchases.
EN ESPAÑOL:La NBA aprueba la expansión a Las Vegas y Seattle, según ESPN
Governor Lombardo issued a statement following the announcement, expressing his excitement for the new team.
“I look forward to continuing conversations with Commissioner Silver and league officials to ensure this expansion delivers lasting benefits for the state of Nevada,” Lombardo’s statement read, in part.
The NBA Board of Governors voted to officially explore an expansion team in Las Vegas. Very excited to see them advance this process!
My full statement: pic.twitter.com/xRDmVW4my0
— Governor Joe Lombardo (@JosephMLombardo) March 25, 2026
MGM Resorts CEO & President Bill Hornbuckle also issued a statement, urging the board to consider T-Mobile Arena as a possible venue.
“Thanks to the NBA’s board of governors for voting to explore expansion into Las Vegas. It’s only the first step, but it’s a big step. A new team would be great for both locals and visitors, while creating jobs and providing a boost to the economy. T-Mobile Arena was built for basketball and hockey. Our long-standing relationship with the League is a positive one that stretches back many years, and we would welcome the opportunity to work with the NBA on creating an unforgettable fan experience.”
If deals are finalized within the year, both teams are expected to start play in 2028.
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