The Sacramento Kings narrowly avoided relocation with a new arena deal in 2013, and the Milwaukee Bucks opened a new arena in 2018 after years of negotiations with local officials. The NBA-ready arena, Bell Centre, can also hold up to 22,000. Why there will be an NBA Expansion in 2020-2021. 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. With weaker competition added to the mix and established teams losing depth in expansion drafts, Michael Jordan and Scottie Pippen were able to rule much of the 1990s. Why there will be an NBA Expansion in 2020-2021. By Steve Dewald @SteveDHoops Jan 8, 2021… Despite Wizards’ nightmarish start, this isn’t the season to rush to judgment, The Clippers don’t look ready to seriously challenge the Lakers, Players have a new favorite snack: Energy-boosting stroopwafels, NBA executive titles are sounding more like Silicon Valley, and it’s no coincidence, With cannabis use an open secret in the NBA, this ex-player is pushing the league to allow CBD. The Warriors advanced to five straight Finals and the Los Angeles Lakers won the 2020 title, efforts that were aided by the moves of Kevin Durant and Anthony Davis, respectively, from small markets. The NBA could put expansion franchises practically anywhere. NBA commissioner Adam Silver has hinted over recent weeks that league expansion could be imminent this decade, with a former professional basketball city — … With a larger metro area than Vancouver it makes perfect sense for NBA expansion or an NBA relocation team. With the NBA continuing to figure out ways to help out teams as they navigate through the ongoing coronavirus (COVID-19) pandemic, one potential idea was the … We’ve been putting a little bit more time into it than we were pre-pandemic but certainly not to the point that expansion is on the front burner.”. The National Basketball Association reportedly is considering the addition of two expansion franchises, reigniting the Kansas City area’s hoop dreams. The NBA is willing to bring on expansion teams, if you can afford the $2.5 billion price tag. So that settles that. The most important news stories of the day, curated by Post editors and delivered every morning. The expansion of the National Basketball Association has happened several times in the league's history since it began play in 1946. Last month, NBA commissioner Adam Silver suggested the … Seattle and Las Vegas have been mentioned as possible NBA destinations for years, and both check the most important boxes: They are top-30 U.S. cities by population with vibrant local professional sports markets and NBA-ready arenas. The NBA … 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. In theory, adding two franchises with $2.5 billion expansion fees, per an ESPN report, would offset much of the hardship endured by owners since March. Las Vegas has recently welcomed the NFL’s Raiders and the NHL’s Golden Knights, and T-Mobile Arena opened just off the Strip in 2016. When the NBA added six franchises from 1988 to 1995, some felt the league watered down its product and its weakest teams didn’t have much of a chance. Not since 1995, when the Toronto Raptors and Vancouver Grizzlies arrived, has the NBA added multiple franchises simultaneously. Thanks to basketball’s rapid globalization, the talent pool is far deeper now than it was during the NBA’s last major round of expansion. In contrast to his predecessor, NBA Commissioner Adam Silver has exercised maximum restraint on the topic of expansion. But the most valuable franchises don’t often come onto the market. Opening-night rosters featured 107 international players this year, and many of the league’s biggest stars, including Giannis Antetokounmpo, Luka Doncic and Nikola Jokic, hail from overseas. Profits are way down amid the coronavirus pandemic, and expansion fees would provide a jolt of cash. In recent years, the financial picture was so rosy that deep-pocketed ownership groups such as the Golden State Warriors and Los Angeles Clippers moved to self-finance billion-dollar arena projects. NBA commissioner Adam Silver has been teasing the idea of expansion, and ESPN’s Brian Windhorst on Tuesday reported that the league would be looking for … Seattle Mayor Jenny Durkan (D) told King5.com this week that she was “pretty optimistic” about an NBA return to the city after a recent conversation with Silver. Year after year at his annual Las Vegas Summer League addresses, Silver has received questions from local reporters about whether the NBA might add a franchise in Sin City. The New Orleans Pelicans announced an expansion team in Birmingham, Ala., which will play in Erie starting in 2019-20, and is expected to relocate to Birmingham in 2022, following the renovation of Legacy Arena. People keep creating these bloody lists of potential NBA expansion cities that don’t include Vancouver. Seattle is by far the most likely destination, but the second city is more open – Las Vegas, Kansas City, Louisville, Mexico City and more. However, it’s easy to imagine a Bulls-like dynasty playing out again in the player empowerment era. Seattle is obviously mentioned when talk of NBA expansion surfaces, and the city’s mayor has fresh optimism about landing a team. Profits are way down amid the coronavirus pandemic, and expansion fees would provide a jolt of cash. A chief concern in any expansion effort is the possible dilution of talent. The NBA is seriously discussing expansion. 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 league has set a target price range for expansion fees at $2.5 billion, according to ESPN's Brian Windhorst. 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. Expansion … “Yet once the players come into the league, a select few fairly quickly stand out as being some special talent above and beyond the others. The league is missing part of it’s soul without the SuperSonics. Seattle and Las Vegas want in. Post was not sent - check your email addresses! Posted by u/[deleted] 2 years ago. This wouldn’t be buying the Timberwolves, whom Glen Taylor is mandating be kept in Minnesota. Archived. The Nets got better with the James Harden trade. Facing billions in lost revenue amid the pandemic, Commissioner Adam Silver said the NBA is studying the possibility of expansion. The NBA is seriously discussing expansion. The more than billion-dollar Climate Pledge Arena is slated to open by October 2021 and will play host to the NHL's Seattle Kraken expansion franchise … “It’s not a secret that we don’t have 30 competitive teams at any given time right now when you go into the season, measured by likelihood of ability to win a championship. 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 … Durkan said she believes the owners “are very seriously considering” expansion and that she “[didn’t] think it’s going to be a long, multiyear process.”, “It is very good news for the city of Seattle that they are thinking of an expansion team,” Durkan said. Teams can currently have 17 players — 15 on regular deals and two players on two-way contracts, which allows a player to participate 45 days with the NBA … In the West we have Seattle, the original home of Kevin Durant. “It’s always quite remarkable to me that you have a league that’s at the top of the basketball pyramid and therefore attracts the very best players from all corners of the planet,” Silver said. 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 Kraken, an expansion team. LeBron James and Gregg Popovich voice anger over Capitol riot before and after Lakers-Spurs game, “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. Goodman said her city “would look forward” to being an expansion destination and that Las Vegas was a “perfect fit” and “ready, willing and able” to host a team “as soon as we could get it going.”. Before the pandemic, Silver’s tenure was marked by extraordinary financial growth and stability. Close. Seth Curry’s positive coronavirus test grounds 76ers in New York following loss to the Nets. I think therefore the issue becomes: How do you fairly distribute those players potentially to expansion teams as well?”, Sign up for our weekly NBA newsletter to get the best basketball coverage in your inbox, • James Harden is a winner and a loser of the Nets’ blockbuster trade, • Players, coaches comment on scene at Capitol: ‘This is the epitome of white privilege’, • NBA’s tightened coronavirus protocols limit pregame hugs, hotel guests and going out in public, Rankings: The top 100 NBA players of 2021. • The Nets got better with the James Harden trade. ... ©2021 NBC Universal. Of course, those same owners would be cutting into their slices of future profits. 6 and 35 picks in 2020 NBA draft/first choice in expansion draft. The arena was built with an NBA team in mind. The current high is the $2.35 billion Joseph Tsai paid for the Nets in 2019. Sorry, your blog cannot share posts by email. Indeed, the Minnesota Timberwolves, who launched in 1989, didn’t win their first playoff series until 2004. Adding teams could affect the championship chase as well; the NBA’s large-scale expansion arguably assisted the Chicago Bulls in constructing their dynasty. NBA commissioner Adam Silver confirmed the league will consider expanding to 32 teams, which will help owners make-up for Covid-19 losses. 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. The Seattle SuperSonics — who will keep their original name — will return to the Western Conference in time for the 2021–22 season. That’d be $166,666,667 for each of the existing 30 teams. The SuperSonics are right expansion cities that don ’ t include Vancouver the winner s! 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