Since Silver’s comments, there’s been plenty of chatter about expansion markets and the financial impacts of expansion. 4 4. 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 … 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 … The NBA gave up too quickly on the Vancouver Grizzlies in the 90’s. 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. The NBA … The National Basketball Association reportedly is considering the addition of two expansion franchises, reigniting the Kansas City area’s hoop dreams. With the report that the NBA may be looking to add a couple of new expansion teams in the near future to make up for the financial losses caused by COVID-19, NBA GMs need to … With a larger metro area than Vancouver it makes perfect sense for NBA expansion or an NBA relocation team. There has been plenty of speculation about the possibility of NBA expansion since commissioner Adam Silver opened the door to the possibility during a preseason press conference.. “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. Montreal could easily host the next NBA team and becoming the second Canadian team in the NBA. Archived. People keep creating these bloody lists of potential NBA expansion cities that don’t include Vancouver. 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. The NBA is seriously discussing expansion. Right now there are talks around the league of potentially expanding in a few years and I believe the talks are right. By Steve Dewald @SteveDHoops Jan 8, 2021… 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. It’s at least possible someone could pay $2.5 billion to own a team in one of those markets. Splitting $5 billion among 30 franchises would amount to a stimulus check for each owner of more than $166 million. The Seattle SuperSonics — who will keep their original name — will return to the Western Conference in time for the 2021–22 season. The NBA is willing to bring on expansion teams, if you can afford the $2.5 billion price tag. The most important news stories of the day, curated by Post editors and delivered every morning. Not since 1995, when the Toronto Raptors and Vancouver Grizzlies arrived, has the NBA added multiple franchises simultaneously. 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. LeBron James, Kawhi Leonard, Paul George and Kyrie Irving are among the many stars who have recently sought to play in bigger markets. Of course, those same owners would be cutting into their slices of future profits. Las Vegas Review-Journal reported in December, 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. By Steve Dewald @SteveDHoops Jan 5, 2021, 10:57am PST Share this story ESPN’s Brian Windhorst detailed both sides of the market forces that could dictate the NBA’s potential expansion. ... ©2021 NBC Universal. The NBA G League welcomes a 28th team for the 2019-20 season in the College Park Skyhawks, affiliate of the Atlanta Hawks. The NBA needs Seattle to get an NBA team back to Seattle. The expansion of the National Basketball Association has happened several times in the league's history since it began play in 1946. Indeed, the Minnesota Timberwolves, who launched in 1989, didn’t win their first playoff series until 2004. By Jared Weiss Jan 16, 2021 10 With postponements becoming a nightly occurrence across the NBA, is it time to expand the league’s rosters? Seth Curry’s positive coronavirus test grounds 76ers in New York following loss to the Nets. NBA commissioner Adam Silver confirmed the league will consider expanding to 32 teams, which will help owners make-up for Covid-19 losses. It’d be a record for a North American sports-franchise sale. 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. “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. 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. Last month, NBA commissioner Adam Silver suggested the … Facing billions in lost revenue amid the pandemic, Commissioner Adam Silver said the NBA is studying the possibility of expansion. The top 100 NBA players of 2021. Adding two franchises would only make it more difficult for teams such as the Denver Nuggets and Utah Jazz to keep up with the Lakers, Los Angeles Clippers, Nets and other aspiring superteams in big markets. Since the majority of NBAGL roster spots are occupied by affiliate players and returning-rights players, teams often don’t make full use of the draft anyway. Modern superstars have become increasingly sophisticated at teaming up to build contenders, and the NBA has struggled to devise salary cap mechanisms capable of enticing top talent to remain in smaller markets. Adding teams could affect the championship chase as well; the NBA’s large-scale expansion arguably assisted the Chicago Bulls in constructing their dynasty. Profits are way down amid the coronavirus pandemic, and expansion fees would provide a jolt of cash. The NBA is seriously discussing expansion. The league has set a target price range for expansion fees at $2.5 billion, according to ESPN's Brian Windhorst. Seattle is by far the most likely destination, but the second city is more open – Las Vegas, Kansas City, Louisville, Mexico City and more. 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 … “I would say [the coronavirus pandemic has] caused us to maybe dust off some of the analyses on the economic and competitive impacts of expansion. Seattle is obviously mentioned when talk of NBA expansion surfaces, and the city’s mayor has fresh optimism about landing a team. Posted by VanCity B-ball Boy February 3, 2021 Posted in Grizzly Articles Tags: nba expansion, nba to vancouver, seattle supersonics. By signing up you agree to our Terms of Use and Privacy Policy. The Bobcats were announced roughly 18 … Close. The current high is the $2.35 billion Joseph Tsai paid for the Nets in 2019. • 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, Newsletter: Sign up for Ben Golliver’s NBA Post Up. 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. “And I was honest with [Silver]. The NBA could put expansion franchises practically anywhere. Competitive balance has bedeviled the NBA throughout Silver’s tenure. But the most valuable franchises don’t often come onto the market. This wouldn’t be buying the Timberwolves, whom Glen Taylor is mandating be kept in Minnesota. 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. 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. Expansion … Were the NBA to seriously entertain expansion, the earliest possible timeline would have new teams playing by the 2022-23 season. The arena was built with an NBA team in mind. The winner’s choice is: Nos. NBA expansion might be on the way. How much better is up to Kyrie Irving. 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.”. Published on 01/16/2021 Author ... Amid thinning rosters in the darkest days of the coronavirus pandemic, the NBA is progressing toward an expansion of … In the West we have Seattle, the original home of Kevin Durant. 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. How much better is up to Kyrie Irving. Many G League hopefuls – including a number of NBA veterans – are eligible to be selected in the NBAGL’s 2021 draft, which will take place on Monday. The 2020–21 NBA season is the 75th season of the National Basketball Association (NBA). We’re where the team should be.”, The Las Vegas Review-Journal reported in December that Mayor Carolyn Goodman (I) also spoke with Silver after his preseason comments. Forbes valued seven NBA teams as worth at least $2.5 billion (though before coronavirus rocked the NBA). 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. 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. 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. But the pandemic represented an obvious inflection point, with estimated losses due to empty (or mostly empty) arenas and shortened seasons approaching $1 billion last year and up to $4 billion in 2020-21. “We’re very appreciative of the markets that have indicated an interest in having an NBA team,” Silver said in December. The Nets got better with the James Harden trade. 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. The Grizzlies began play in 1995 and moved to Memphis after six losing seasons. But competition for those draft slots figures to be fierce. Post was not sent - check your email addresses! The NBA-ready arena, Bell Centre, can also hold up to 22,000. 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. Before the pandemic, Silver’s tenure was marked by extraordinary financial growth and stability. NBA expansion is looking more likely for the NBA, as owners who lost billions during the pandemic are looking for new revenue sources. 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. Every morning relocation away to Oklahoma city metro area than Vancouver it makes perfect for. 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