NBA Expansion to Seattle and Las Vegas Approved
The NBA is moving closer to adding two new franchises, with the Board of Governors voting unanimously to explore expansion to Seattle and Las Vegas. The decision, made on Wednesday, March 25, 2026, sets the stage for a potential league increase to 32 teams, targeting the 2028-29 season.
Bidding Process to Begin
The league will now initiate a bidding process, with initial valuations expected in the $7-10 billion range for each team, according to sources. Investment bank PJT Partners has been engaged as a strategic advisor to evaluate prospective markets, ownership groups, arena infrastructure, and the economic implications of expansion.
Silver Addresses Expansion and Other League Matters
NBA Commissioner Adam Silver held a press conference following the Board of Governors meeting. While expansion was a central topic, discussions also included concerns regarding tanking and the 65-game player participation rule.
NBA Commissioner Adam Silver: “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. We look forward to taking this next step and engaging with interested parties.”
Regarding tanking, Silver stated the league will address the issue in a meeting this May, asserting We are going to fix it. Final point.
. He defended the 65-game rule, stating he is not in a position to say that the rule is a failure or that it hasn’t worked due to the fact that it affects the case of a single player.
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NBA Europe and Potential Collaboration with Euroleague
Silver also discussed the NBA’s plans for Europe, indicating a willingness to collaborate with the Euroleague. He acknowledged the importance of working with existing European basketball structures, stating for the good of European basketball, the best result would be to join forces with the Euroleague.
He specifically mentioned his long-standing relationship with Euroleague CEO Chus Bueno.
FAQ
What cities are being considered for NBA expansion?
Seattle and Las Vegas are the two cities currently being explored for potential expansion teams.
When could the new teams begin playing?
The league is targeting the 2028-29 season for the two expansion franchises to begin play.
How much could expansion teams cost?
The bidding process is expected to generate offers in the $7-10 billion range for each team.
The NBA’s exploration of expansion marks a significant moment for the league and its fans, potentially bringing the excitement of professional basketball back to Seattle and establishing a new presence in the rapidly growing Las Vegas market.