(Photo by Ronald Martinez/Getty Images)
The NBA will likely expand in the next few years and there is a very good chance that Las Vegas will finally get a team.
If that happens, one of the biggest names in NBA history will try to be a co-owner.
According to Fortune Magazine, per Legion Hoops, LeBron James “is expected to make a bid for projected $7B expansion team in Las Vegas.”
The report says:
“The looming bidding war for the NBA expansion team expected to be granted to Las Vegas is shaping up to be the most competitive and expensive sports deal in US history. The list of potential suitors spans LeBron James and his backers to the company that owns the Red Bull brand, according to people familiar with the situation.”
LeBron James is expected to make a bid for projected $7B expansion team in Las Vegas, per @FortuneMagazine.
“The looming bidding war for the NBA expansion team expected to be granted to Las Vegas is shaping up to be the most competitive and expensive sports deal in US history.… pic.twitter.com/AMmczI3UTB
— Legion Hoops (@LegionHoops) July 19, 2024
For years, NBA fans have expected more teams to enter the league.
Seattle and Las Vegas are two cities constantly mentioned in conversations about new teams.
As the reporting states, James won’t be the only one trying to be a co-owner of the Vegas franchise.
There is a big money in NBA ownership and numerous groups of billionaires will be vying to get their hands on the team.
With that being said, James would likely have an advantage because he is one of the biggest professional athletes of all time.
The impact he has had on the league is immense and he is well-respected by league officials.
Additionally, James has repeatedly said that he would love to be part of the Vegas team.
He can use his massive public platform to compete for ownership and he would have the support of fans and many league insiders.
There is a lot we don’t know about the NBA’s future in Vegas but it seems very likely that James will be involved.
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