JOURNAL ARTICLE

Seattle's Holloway Hires JPMorgan, Moelis for NBA Expansion Bid.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall; Edgerton, Anna 3 of 3

Abstract

The article focuses on Samantha Holloway's efforts to secure an NBA expansion team in Seattle. Holloway, co-owner of the NHL's Seattle Kraken and majority owner of Climate Pledge Arena through her company One Roof Sports and Entertainment, has hired investment banks JPMorgan Chase & Co. and Moelis & Co. as advisers for her bid. The NBA is exploring expansion in Seattle and Las Vegas, with potential franchise fees reaching up to $10 billion. Holloway is currently the only publicly known bidder in Seattle, where the previous NBA team relocated nearly two decades ago, and her control of the arena positions her as a leading candidate. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/05, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2026
  • Accession Number:193537305
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