While the NBA has identified a second deadline for …
· Yahoo Sports
While the NBA has identified a second deadline for bidders in Las Vegas, the sources said there is only one for Seattle at the moment. Those sources also believe the NBA will select an owner in Las Vegas before the league moves on to a decision in Seattle. The expansion fee for franchises in each city is unknown. The NBA has made it known that it is seeking $7-10 billion for each new team. A Las Vegas franchise is expected to be on the high end of that range, with some industry sources floating $9 billion as a price point. Seattle is expected to draw less for its expansion fee.
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This article originally appeared on Hoops Hype: While the NBA has identified a second deadline for …