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League: NBASport: BasketballCountry: United StatesCategory: General

Kenny Smith joins Marc Lasry's group bidding for NBA expansion team

Yahoo Sports • 1 min read • Latest: Oct 23, 2026, 11:47 PM

Last updated Oct 23, 2026

Kenny Smith joins Marc Lasry's group bidding for NBA expansion team
Summary

Kenny Smith is part of an ownership group led by Marc Lasry, the former co-owner of the Milwaukee Bucks, which is competing for an NBA expansion franchise in Las Vegas. Canadian billionaire Steve Apostolopoulos is also involved in the bid. Smith has reportedly raised 20 percent of the funding for the proposal. Las Vegas is under consideration for the NBA's next expansion, with potential implications for the league's future distribution of teams.

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Yahoo Sports
Key Details
  • •Kenny Smith joins Marc Lasry's ownership group for NBA expansion bid
  • •Ownership group includes Canadian billionaire Steve Apostolopoulos
  • •Smith has raised 20 percent of the bid funding
  • •Las Vegas is a prime location for potential NBA expansion
  • •Bidding process for the franchise is still ongoing
Latest Updates
  • 11:47 PMYahoo Sports — Kenny Smith part of Marc Lasry ownership group bidding for Las Vegas expansion franchise
What they're saying
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Kenny Smith part of Marc Lasry ownership group bidding for Las Vegas expansion franchise

Related Teams & Leagues
Milwaukee BucksNBABasketball

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