"So it is with NBA commissioner and astigmatic cadaver impersonator Adam Silver's declaration that the NBA Board of Governors-that's BOG, as opposed to GOB (Gang Of Billionaires)-is going to meet next week on the topic of expansion, almost certainly to Seattle and Las Vegas. This raises some obvious questions, none more obvious than whether the league has enough talent to expand when it already has eight to ten teams currently doing everything they can to avoid winning."
"Expansion is one of the few topics that could get people's minds off the NBA's plethora of perceived shortcomings, because it is something new in a continent full of what's old. Or sort of new-everyone that pays attention to the league has known the two expansion cities involved for years without ever actually being told, proof that just because a league is secretive doesn't mean it can't still be transparent."
"Las Vegas will be the more expensive of the two franchises-think not of the $7-10 billion proposition quoted by insider sources (whoever they are), but likely well past $10 billion. This is only because Golden State is valued at $11 billion by Sportico, Forbes, and CNBC, the highest-ranking troika of organizations in the industry of pulling numbers out of thin air."
The NBA is set to announce expansion to Seattle and Las Vegas, though the decision has been effectively predetermined. Expansion functions as a non-impulse purchase—teams either already exist or will be acquired. The league faces questions about talent distribution, given that eight to ten current teams struggle competitively. However, expansion serves as a distraction from the NBA's existing problems. Las Vegas will command a higher franchise price than Seattle, likely exceeding $10 billion based on current valuations of elite franchises like Golden State. The expansion cost reflects competitive bidding among billionaire owners seeking status through team ownership.
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