NBA expansion has been a topic of discussion for several seasons, but the league always seems to have reasons for delaying the idea.
Following the NBA Board of Governors meeting last week, Commissioner Adam Silver stated that there were no talks about expansion and mentioned that “we’re not quite ready” source.
The NBA community eagerly welcomes the idea of expansion, believing it would bring a level of excitement not seen in years.
So why is the NBA hesitant to move forward with expansion plans?
The answer lies in finances.
According to ESPN, the ongoing sale of the Boston Celtics could potentially impact the market for expansion fees for the two new teams entering the league.
“Currently the Boston Celtics are for sale, and there are indications they could produce the highest price ever for an NBA team…”
“At these prices, a pair of new expansion teams could net the league north of $10 billion combined — meaning every team would receive a check for over $300 million as the new teams come into the league.”
The report also identifies Seattle and Las Vegas as the most likely cities to host new teams, although the process may not be straightforward.
“If there is another city to jump into the mix, the most likely one to do so is Mexico City… However, there are a lot of logistical hurdles to overcome for an NBA team to exist there full time.”
