Las Vegas NBA Expansion Team Could Break US Sports Franchise Records
Potential bidders include LeBron James, Shaquille O'Neal, and Red Bull, with the total cost estimated at $7 billion.
- The NBA is expected to announce expansion plans after finalizing its media deals, with Las Vegas and Seattle as top candidates.
- A Las Vegas NBA franchise could become the most expensive in US history, surpassing $6.05 billion paid for the NFL's Washington Commanders.
- Building a new arena in Las Vegas could add billions to the total investment required.
- LeBron James, backed by RedBird Capital and Fenway Sports Group, is among the high-profile potential bidders.
- Shaquille O'Neal and Red Bull GmbH are also interested in acquiring the team.