NBA Owners Eye $500-600m From Expansion Fees
ESPN's Brian Windhorst says NBA owners expect $500-600m each from expansion fees, implying two new franchises could sell for $15-18bn combined, with Las Vegas potentially exceeding $8bn.
ESPN’s Brian Windhorst says NBA owners expect the league's next round of expansion to bring in $500m to $600m each in franchise fees. He had recently spoken to one owner who laid out the figure while discussing team spending and the salary cap. Windhorst broke the news on The Hoop Collective podcast. He added that a prospective Las Vegas franchise could fetch more than previously thought.
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