NBA aims to finalize ownership for Las Vegas expansion team soon

Yahoo Sports1 min read • Latest: Sep 18, 2026, 8:27 PM

Last updated Sep 18, 2026

NBA aims to finalize ownership for Las Vegas expansion team soon
Summary

The NBA is currently focused on finalizing the ownership for the expansion team in Las Vegas, with a goal to move towards Seattle afterward. Reports indicate that rising valuations in Las Vegas are near $10 billion, prompting competitive bidding. The league aims to make a decision by the end of the year regarding the ownership and subsequent expansion efforts. This process could bring added competitiveness among potential owners interested in Seattle.

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Latest Updates
  • NBA prioritizes closing on Las Vegas expansion ownership.
  • Valuations in Las Vegas nearing $10 billion contribute to urgency.
  • Expansion discussions may shift focus to Seattle afterward.
  • Decision on ownership expected by year's end.
Latest Updates
  • 8:27 PMYahoo SportsNBA is focused right now on closing on the owner of …
What they're saying
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NBA is focused right now on closing on the owner of …

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