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News in English (USA) / 30.09.2026 / 05:00

NBA Moves Forward With Las Vegas Expansion Plans Amid Final Bids

The NBA is on the verge of making a significant decision regarding the expansion of the league to Las Vegas, as three finalists emerge in the bidding process. Sources report that the expansion could cost between $12 billion and $13 billion, with various billionaire-backed groups competing for ownership of the new franchise. Canadian entrepreneur Steve Apostolopoulos, along with a group led by Jerry Colangelo, and another backed by Walmart heiress, are among the contenders. The NBA is expected to announce the winning bid soon, which marks a crucial step in realizing the long-anticipated vision of an NBA team in Las Vegas.
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