This would mean the price floated would be the highest sale price. Apart from Seattle, Las Vegas is also being considered a city that could get an NBA team. reporters on a platform technologically tailored to meet the needs of the modern reader. Current major league franchises: Seahawks (NFL), Mariners (MLB), Kraken (NHL-2021), Sounders (MLS), Storm (WNBA) Facility: Climate Pledge Arena (18,600 upon 2021 renovation) Teams can currently fill their 16th and 17th roster spots only via two-way contracts. With Season 4 coming up and no news or hope of expansion, this has impacted the ecosystem of the Overwatch League. if(document.querySelector("#google_image_div")){ While expansion could be exciting for the league, many have expressed concern over a lot of things needing to be altered. Around six months ago, it was reported that Glen Taylor wanted to sell the Minnesota Timberwolves. eventAction: 'click_adunit' The latter has already been a part of the NBA as the Seattle SuperSonics – who won three conference titles and the 1979 NBA title before relocating to Oklahoma City (2008). We sell out every single MLS game in this town, for God’s sake. However, there was also this question by Twitterati if adding new teams was a solution. Reports suggest that the league wants to add two expansion teams, and Kansas City aims to be first in line. Who is to say what a bidding war might bring if the NBA announced a two tiered expansion plan: Two teams in 2020-21; and two more in 2021-2022, which would bring the size of the NBA to 34 teams. Kansas City would absolutely support a team. The NBA G League welcomes a 28th team for the 2019-20 season in the College Park Skyhawks, affiliate of the Atlanta Hawks. Speaking to the salary cap of the NBA, a differing breakdown is utilized when compared to other professional sports. },false) Also read | Minnesota Timberwolves sale: How much is the NBA team worth? },false) See how this goes for the Raptors. With no fans in arenas, the profits took a tumble, and even though there is no price tag the league has accurately offered, ESPN's Brian Windhorst says the NBA has been considering an expansion fee of 2.5 billion apiece for two new teams, "with multiple offers expected from Las Vegas and Seattle-based groups." Reports also mention that with the $2.5 billion price, the current 30 teams will receive $167 million each. Now? The NBA … ga('ads.send', { eventCategory: event.slot.getSlotElementId(), }) Expansion would help the NBA’s owners recuperate some of the revenue lost during the pandemic. Seattle for sure. NBA Commissioner Adam Silver has previously stated that it is the: “manifest density of the league” to expand to over 30 teams, and has also revealed that the league has looked into the “economic and competitive impacts of expansion.” However, the commissioner has also acknowledged that expansion is not on the front burner.” By Jared Weiss Jan 16, 2021 10 With postponements becoming a nightly occurrence across the NBA, is it time to expand the league’s rosters? — Adrian Wojnarowski (@wojespn) January 15, 2021 As explained by Woj, the roster expansion would allow for a third two-way contract slot for each NBA team. Many even joked about the situation, stating that teams like the Clippers should move to Seattle. I’m down for that. }) ... Jan 15, 2021 Updated Jan 15, 2021, 8:36am CST. The expansion of the National Basketball Association has happened several times in the league's history since it began play in 1946. The NBA is considering adding two expansion franchises to help with COVID financial losses. With a larger metro area than Vancouver it makes perfect sense for NBA expansion or an NBA relocation team. window.googletag.cmd.push(function() { Many G League hopefuls – including a number of NBA veterans – are eligible to be selected in the NBAGL’s 2021 draft, which will take place on Monday. Fans were excited about the new step for the league, some looking forward to Seattle having a team again. To help teams deal with COVID-19 losses, the league is considering the move, apparently asking for $2.5 billion from each team. As seen when the first batch of expansion teams were added, many new faces joined the league. That’d be $166,666,667 for each of the existing 30 teams. Rebrand clippers in Seattle and add teams in Vegas and Louisville. Reports are hinting at Daniel Straus as a potential new owner, who is in talks with Taylor about the team. But competition for those draft slots figures to be fierce. The financial loss is due to fans not being able to attend games so a major revenue stream is not available. After 11 miserable seasons without our beloved SuperSonics, the city of Seattle rejoiced Friday morning when NBA Commissioner Adam Silver announced the return of an expansion franchise. hitType: 'event', Additionally, players will no benefit from the $2.5 billion. As the COVID-19 crisis continues, the league cannot allow people into arenas. The NBA is willing to bring on expansion teams, if you can afford the $2.5 billion price tag. Though an NBA expansion might help teams, COVID-19 might not help the situation. document.querySelector("#adunit").addEventListener('click',function(){ More teams makes for a greater spread of talent, thus reducing the likelihood of teams utterly decimating the other franchises. By Steve Dewald @SteveDHoops Jan 5, 2021… Another high-ranking team executive said it was unlikely any serious consideration of expansion would happen at least before the end of the 2021-22 season. The NBA-ready arena, Bell Centre, can also hold up to 22,000. He spoke about the pandemic causing them to "dust off some of the analyses on the economic and competitive impacts of expansion". We sell out every single MLS game in this town, for God’s sake," read a comment. window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { }); Players. I’m down for that," he shared. Seattle Mayor Jenny Durkan spoke with KING 5’s Chris Daniels about the city’s chances of landing a NBA expansion team in the near future. Seems like between Kansas City and St Louis one of them should have a team.". Fans in Seattle have clamored for the NBA’s return since the SuperSonics departed, and billion-dollar Climate Pledge Arena soon will host the NHL’s Seattle … "Can someone explain to me how adding two more teams help deal with financial losses? ga('ads.send', { eventCategory: event.slot.getSlotElementId(), 35 years ago, no. NBA commissioner Adam Silver confirmed the league will consider expanding to 32 teams, which will help owners make-up for Covid-19 losses. Both #KansasCity and #LasVegas will need a specific ingredient to land one of two potential #NBA expansion teams. The NBA isn’t expected to consider adding teams until after the 2021/22 season at the earliest. However, the plan is not yet on the "front burner". Ideally, if the league adds two new franchises, this would still dilute revenue in the long term, according to CBS Sports' Sam Quinn. hitType: 'event', However, with the Covid-19 impact, this could be worth the risk. ga('create', 'UA-67136960-15', 'auto', 'ads'); MEAWW is an initialism for Media Entertainment Arts WorldWide. eventCategory: event.slot.getSlotElementId(), Timberwolves star Kevin Garnett was also a potential buyer. document.querySelector("#ads").addEventListener('click',function(){ See how this goes for the Raptors. When new teams are born, the NBA fills them with something called an expansion draft. For years, fans have been constantly hoping for a new NBA team, especially one in Seattle. The NBA Is Sleeping on St. Louis as a Possible Expansion Market by William Pitts on January 9, 2021 For the first time since 2004, the NBA has seriously considered the possibility of expansion . "Look at that giant gap in the middle of the country. Expansion of NBA rosters amid pandemic? }); With the NBA in dire need of more revenue after Covid-19 wreaked havoc, there are reports of the league looking at potentially adding two new teams that would offer a lot of relief, and by the looks of it, Las Vegas and Seattle look to be prime frontrunners. Twitter users also discussed Vegas as an option, which is mostly a tourist spot. Luka Doncic goes past LeBron James in elite NBA list with triple double vs Rockets, NBA 2K21 1.07 update patch notes make visual change to The Park, NBA tells teams that rules on mask-wearing will get tougher. "I think I've always said that it's sort of the manifest destiny of the league that you expand at some point," he said. The Seattle SuperSonics — who will keep their original name — will return to the Western Conference in time for the 2021–22 season. }); eventAction: 'view' It makes so much sense to have an NBA team here, especially since the NBA Summer League has been so successful here. }); hitType: 'event', The Internet had its share of opinions as well although many felt it was either of these two cities that would end up with new teams. pg.acq.push(function() { Another wrote, "Seattle for sure. } Also read | NBA tells teams that rules on mask-wearing will get tougher. ga('ads.send', { So basically, an expansion … eventAction: 'click_image_ads' This seems to be true in the NBA: 80% of the best players play for the Warriors 20% of the teams. — Legion Hoops (@LegionHoops) January 5, 2021. Which two cities should get a team? pg.acq.push(function() { Within the league office, sources said officials have floated the price tag of $2.5 billion each for two expansion teams in the near future. ga('ads.send', { It has since been reported the NBA discussed adding two teams—both of which would come with a $2.5 billion expansion fee that would be distributed among the league’s current group of governors. Also read | Luka Doncic goes past LeBron James in elite NBA list with triple double vs Rockets. A fan felt the Clippers could be renamed. }); window.adsContainer = 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For the first time since 2004 (Charlotte Hornets), there could be an NBA expansion draft. Two-way contracts for the 2020-2021 season work a little differently than two-way contracts of previous seasons. Which two cities should get a team? eventAction: 'render' MEAWW brings you the best content from its global team of The Golden Knights have been a huge success in the NHL, and the NFL's Raiders are here, too. ... 2021 5:57 PM . eventAction: 'click_ads' window.googletag.pubads().addEventListener('impressionViewable', function(event) { Now? We already knowSeattle and VegasSend Memphis and NO to the eastern conference. gads_event = event; — Marc Stein (@TheSteinLine) January 28, 2021 The … Basketball culture in the city is also exploding, the perfect recipe for the next NBA city. But with COVID-19 ... two-way players are allowed to practice with their NBA teams … hitType: 'event', NBA Commissioner Adam Silver addressed the possibility of expansion when the 2020-2021 NBA season launched in December, saying that it was within the realm of future possibility but not a front-burner issue for the league. The NBA gave up too quickly on the Vancouver Grizzlies in the 90’s. This includes everything from the Draft, current players and additional events like the All-Star games. For the 2018-19 NBA season, teams were capped at just under $102 million, a couple million higher than last year’s average. Tampa maybe? ga('ads.send', { }); } Last Updated: 6th January, 2021 11:25 IST NBA Expansion News: League Asks Las Vegas, Seattle For $2.5M Each To Curb COVID-19 Losses? },false) }); eventCategory: event.slot.getSlotElementId(), Are there other potential NBA expansion cities? }); It wasn’t just new players, but also players on the original teams who were bought, traded, or hired by the expansion teams. Look at that giant gap in the middle of the country. Also read | NBA 2K21 1.07 update patch notes make visual change to The Park. The NBA operates on a soft cap, meaning they set a level that teams can exceed. }); NBA expansion: According to recent reports, the league has apparently asked Seattle and Las Vegas $2.5 million each for expanding the league after 16 years. It makes so much sense to have an NBA team here, especially since the NBA Summer League has been so successful here." }); Adding two more teams and more games without fans only increases the financial loss.". CBS Sports reckons that these fees tend to be inflated. One of the many problems of the COVID-19 impacted season … NBA expansion news: League asks Las Vegas, Seattle for $2.5M each to curb COVID-19 losses? } PM Modi chairs high level meet at Parliament; Amit Shah, Narendra Tomar present, 4G mobile internet services restored in entire J&K after 18 months, 'No Chakka-Jam in Uttar Pradesh & Uttarakhand, apart from Delhi', says Rakesh Tikait, Kangana Ranaut speaks to Arnab Goswami, Exposes 'Godfather of plan' to defame India. As of now, cities like Las Vegas and Seattle have been mention. Minnesota Timberwolves sale: How much is the NBA team worth. The solution, albeit not official, is that all signs point toward Precourt still getting his Austin dream move and Austin FC starting from scratch in 2021. 35 years ago, no. One fan explained why Las Vegas needed a team: "My hometown of Las Vegas should get a team. The Golden Knights have been a huge success in the NHL, and the NFL's Raiders are here, too. Kansas City would absolutely support a team. My hometown of Las Vegas should get a team. Yes. "Rebrand clippers in Seattle and add teams in Vegas and Louisville. If you have a news scoop or an interesting story for us, please reach out at (323) 421-7514. Seems like between Kansas City and St. Louis one of them should have a team. With the season being held in a bubble, the league's gate revenue was cut off – something which has continued this season. Last month, NBA commissioner Adam Silver also spoke about a possible expansion. Since Silver’s comments, there’s been plenty of chatter about expansion markets and the financial impacts of expansion. window.googletag.pubads().addEventListener('slotOnload', function(event) { hitType: 'event', As per reports, this has caused the NBA to consider an expansion – which will bring in billions of dollars. What are your thoughts on Seattle and Vegas getting new teams? Tampa maybe? eventCategory: event.slot.getSlotElementId(), document.querySelector("#google_image_div").addEventListener('click',function(){ Former Grizzlies president Andy Dolich, who helped move the team from Vancouver to Memphis, believes the league will try to create a “horse race” among cities leading up to expansion. The most recent examples of the expansion of the NBA are the Charlotte Hornets and Miami Heat in 1988, Minnesota Timberwolves and Orlando Magic in 1989, Toronto Raptors and Vancouver Grizzlies in 1995 (who relocated to Memphis in 2001), and New Orleans Pelicans in 2002. hitType: 'event', pg.acq.push(function() { There were also rumours about the team's relocation, which have been denied by Taylor. 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