NEW YORK – The NBA Board of Governors today voted to authorize the league to formally explore potential team expansion to Las Vegas and Seattle.
As part of this process, the NBA has engaged investment bank PJT Partners as a strategic adviser to evaluate prospective markets, ownership groups, arena infrastructure, and the broader economic implications of expansion.
“Today’s vote reflects our Board’s interest in exploring potential expansion to Las Vegas and Seattle – two markets with a long history of support for NBA basketball,” said NBA Commissioner Adam Silver. “We look forward to taking this next step and engaging with interested parties.”
The NBA will provide additional updates as the process progresses.
