The NBA has taken a significant step toward expanding its league, with the board of governors voting to explore adding franchises in Seattle and Las Vegas. The decision, announced on Wednesday, marks the league's first expansion since 2004 and sets the stage for a competitive bidding process expected to see franchise fees ranging from $7bn to $10bn each.
Commissioner Adam Silver confirmed that the vote reflects the board's interest in two cities with established basketball followings. '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,' Silver said in a statement. The league will now evaluate bids over the coming months.
The move ends years of speculation about expansion, with both cities long considered frontrunners. Seattle lost its SuperSonics franchise in 2008, while Las Vegas has demonstrated strong support through its WNBA team and summer league events. The NBA currently has 30 teams, and adding two would increase that number to 32.
Bids are expected from billionaire investors and groups, with the final decision on which applicants are successful likely to come later this year. The process will involve thorough vetting of ownership groups and arena plans before any final votes by the board of governors.
