NBA owners are poised to gain an estimated $20 billion from expansion, with around $15 billion from new franchises in Las Vegas and Seattle and another $5 billion from a planned European league in 2027. The league’s 30 owners could each receive at least $650 million from domestic expansion fees, while investment bank PJT Partners assesses market opportunities. Seattle, which lost its franchise in 2008, and Las Vegas are leading candidates, with multiple ownership groups competing. The European league aims for 10-12 teams in major cities, with first-round bids due by March 31, and the NBA retaining a 50% stake.
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NBA Expansion Fees Could Generate $20 Billion for Current Owners
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