NBA Nearing Selection of Las Vegas Expansion Owner at Record $12-13 Billion
A new franchise in Las Vegas could command an unprecedented expansion fee rivaling the valuation of legacy brands like the Lakers.
The NBA is expected to select a new ownership group for a prospective Las Vegas expansion franchise soon, with the price tag projected to reach between $12 billion and $13 billion, according to reporting from Yahoo Sports.
The massive figure would place an incoming expansion team in the same financial territory as legacy organizations like the Los Angeles Lakers, highlighting the league's surging franchise valuations.
Reported by: Yahoo Sports NBA
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