ESPN.com · Mar 25
NBA owners vote to explore Vegas, Seattle expansion bids
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The NBA's board of governors has approved a vote for the league to explore bids and applicants for expansion teams exclusively in Las Vegas and Seattle.
All 30 owners voted in favor of exploring Las Vegas and Seattle expansion, sources told ESPN. A bidding process is expected to generate offers in the $7-10 billion range for each team, according to sources.
Sources told ESPN last week that the league is targeting the 2028-29 season for the two expansion franchises to start playing.
The vote starts the NBA's process of expanding to 32 teams. Multiple high-ranking officials have termed expansion as "when, not if."