JOURNAL ARTICLE

NBA Sees Expansion Franchise Fee as High as $10 Billion.

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

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall 3 of 3

Abstract

The article focuses on the NBA owners' decision to explore expanding the league by adding franchises in Las Vegas and Seattle, marking the first expansion in about 20 years. This move follows significant growth in team valuations, with potential expansion fees estimated between $7 billion and $10 billion per franchise. Seattle, which previously had the Supersonics before their relocation in 2008, and Las Vegas, a growing sports market with recent NFL and NHL teams, are considered prime candidates. Wealthy investors, including NHL owners and former NBA team co-owners, have expressed interest in acquiring these new franchises. The bidding process is expected to unfold throughout the year, with new teams potentially starting play in the 2028-2029 NBA season. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2026
  • Accession Number:192514271
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