NBA Narrows Expansion Race to Three Finalist Groups for Las Vegas Franchise

The NBA's pursuit of expansion has entered its final phase, with league officials now vetting three finalist ownership groups for a Las Vegas franchise. The total capital commitment for the new team is projected to be between $12 billion and $13 billion, including a $10 billion franchise fee and $2-3 billion for venue infrastructure. A decision on the winning bid is expected within weeks, with a potential debut for the 2028-29 or 2029-30 season, possibly alongside a Seattle team.