Sources: NBA reviewing finalists' bids for Vegas team in $12-13B range

The NBA is expected to select the winning bid for owner of the Las Vegas expansion team from among three finalist groups: Nancy Walton Laurie and Bill Laurie; Steve Apostolopoulos and Marc Lasry; and Bill Foley and Jerry Colangelo.

The top 3

  1. NBA Narrowing Down Las Vegas Expansion Finalists: The NBA is reviewing three ownership groups for a Las Vegas expansion franchise, with a total acquisition cost estimated at $12-13 billion including a new arena.
  2. Top 3 Most Expensive NBA Franchise Transactions: Recent years have seen record-shattering valuations, with the top three sales occurring between 2025 and 2026.
  3. Top 3 Most Valuable NBA Franchises (2026): Current market estimates rank the league's heavyweights by valuation, independent of recent sale prices.

Sources

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