NBA Las Vegas Expansion Race Narrows to Three Finalist Groups

The National Basketball Association's pursuit of an expansion franchise in Las Vegas has progressed to its final stage, with league officials now evaluating proposals from three select ownership groups. The total investment for the new team, including the franchise fee and arena development, is estimated to be as high as $13 billion. A decision on the winning bid is expected within weeks, with the new team potentially debuting alongside a Seattle franchise in the 2028-29 season.