The NBA’s Board of Governors is set to vote next week on whether to explore expansion in Las Vegas and Seattle, with a target of beginning play in the 2028-29 season. The move, which has been discussed for years, now appears imminent as the league prepares to formally consider adding two new franchises.
If approved, the NBA would begin discussions with prospective ownership groups. Potential investors reportedly include Magic Johnson, LeBron James, and Bill Foley, among others. The expansion fee is expected to range from $7 billion to $10 billion per team, ensuring current owners benefit from the dilution of revenue shares.
Las Vegas has rapidly transformed into a major sports market, led by the Vegas Golden Knights (NHL), followed by the Raiders (NFL) and the Athletics (MLB), who are building a ballpark along the Strip. The city will also host the 2028 Final Four. The NBA would be the fourth major professional league to arrive, joining 12 other U.S. cities with all four sports.
Pat Christenson, former president of Las Vegas Events, said the market is not oversaturated. “You think it would be getting too crowded, but I think each one of these (sports) demonstrates that they have their own niche markets that are unique,” he said. “It’s not predominantly the market itself — it’s 50-50 between visitors and locals. Normally, you might be worried about the market getting oversaturated. I just don’t see that here.”
Las Vegas has long been considered a basketball town, evidenced by the annual NBA Summer League, which some call the league’s 31st franchise. T-Mobile Arena could serve as a temporary home with upgrades. The city’s history with the Utah Jazz in the 1980s and strong attendance for Lakers games further support the fan base’s passion.
“I just think when you look at the Golden Knights and the Raiders and the way they went about it — and now the A’s — it’s just a system here that the whole state will be behind professional sports,” Christenson added. “All of the pieces are coming together. That’s what I hope (NBA owners) see and approve it.”
