"No, I'm not. Not at all. [in response to whether he intends to pursue being part of an ownership group for a potential NBA expansion franchise in Las Vegas]"
"I want a team in Vegas. I want the team in Vegas. [from a 2022 episode of his digital show "The Shop," expressing his previous interest in owning an NBA franchise in Las Vegas]"
"ESPN's Shams Charania reported on Monday that industry executives expect proposals in the $7-10 billion range for each expansion franchise, indicating the significant financial commitment required for potential ownership involvement."
LeBron James clarified that he no longer intends to pursue ownership involvement in a potential NBA expansion franchise in Las Vegas. This reversal comes as the NBA board of governors prepares to vote on approving the bidding process for expansion franchises in Las Vegas and Seattle. James had previously expressed interest in owning a Las Vegas team during a 2022 episode of his digital show "The Shop," stating his desire to own a team there. However, with expansion franchise proposals expected to range from $7-10 billion each, James has decided against participating in the ownership process.
Read at ESPN.com
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