Two bidders remain for NBA team amid $13 billion bid requirements

Two main bidders are vying for the NBA team: the Nancy Walton Laurie-Bill Laurie-Egon Durban group and the Bill Foley-Jerry Colangelo consortium. Reports suggest the NBA is seeking a bid around $11 billion, with an additional $2 billion commitment for a new arena. Insiders indicate that the liquidity backing the Walton-Laurie-Durban bid positions them as the front-runner. The outcome of this bidding race will shape the team's future ownership and the plans for its new facility.

• 7:54 PMYahoo Sports — The development leaves just two bidders in play for …