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Home » News » Sports
Sports

NBA Owners to Vote on Adding Two New Franchises

Indian Community Editorial TeamBy Indian Community Editorial TeamMarch 17, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
NBA Owners to Vote on Adding Two New Franchises
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The NBA is considering expanding by adding two new franchises, with team owners set to vote next week. NBA Commissioner Adam Silver mentioned Las Vegas and Seattle as potential markets for expansion. If approved, the process would start immediately, aiming for the 2028-29 season debut of the new teams.

The vote is scheduled during the NBA’s Board of Governors meetings on March 24 to 25. Support for expansion among owners is growing, potentially leading to the evaluation of ownership bids in both cities. The decision requires approval from 23 out of the NBA’s 30 owners.

The bidding process is expected to attract interest from wealthy investors, with estimates suggesting each new franchise could sell for $7-10 billion. The NBA’s current collective bargaining agreement and the appeal of the markets are driving this interest.

Some owners are cautious about expansion as it could reduce each franchise’s share of league equity. However, momentum is building, especially in Las Vegas and Seattle. Seattle, a former NBA city, is seen as a strong contender for expansion.

If Seattle and Las Vegas are awarded franchises, they would likely join the Western Conference, potentially requiring an Eastern Conference team to shift. The league would need to conduct an expansion draft for the new teams to build their rosters.

The addition of two new franchises would create opportunities across the league, from roster spots to coaching positions. The process typically takes around a year and a half, meaning approval would be needed by spring 2027 for a 2028-29 launch.

Adam Silver Board of Governors Coaching Collective Bargaining Agreement Eastern Conference Expansion Expansion Draft Franchises Las Vegas Markets NBA Owners Rosters Seattle Western Conference
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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