NBA Believes They Could Get $2.5 Billion Per Team In Expansion

Paul Garcia NBA Latest News

Officials within the league office have floated a price tag of $2.5 billion each for two expansion teams to join the NBA in the near future, sources tell Brian Windhorst of ESPN.

Unlike other major revenue streams, owners would not have to share that money with players and could result in $160 million per team, which would effectively eliminate the debt currently piling up.

There could be multiple offers from cities like Seattle or Las Vegas.

The Utah Jazz recently sold for $1.66 billion, but the Minnesota Timberwolves are currently for sale and could fetch less than $1.5 billion, which would signal a market correction for the NBA.

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