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The Joe Pomp Show
The Logic (And Money) Behind The NBA's Expansion Plan
Sep 17, 2024
In this engaging conversation, Adam Silver, the NBA Commissioner, discusses the potential for expanding the league beyond its current 30 teams. While he notes that formal talks aren't happening yet, he reveals that cities like Seattle and Las Vegas are strong contenders for new franchises. The discussion also touches on the financial implications of expansion, including market viability and ownership prospects featuring big names like Jeff Bezos. Silver provides a fascinating glimpse into the future landscape of the NBA!
07:39
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Quick takeaways
- NBA expansion is a complex process focused on media market size and requires new teams to significantly contribute to league revenue.
- Potential expansion candidates like Seattle and Las Vegas are highlighted for their strong market presence and support for professional sports.
Deep dives
NBA Expansion Potential
The NBA is exploring expansion from 30 to 32 teams, although the league is not ready to finalize specific decisions regarding cities or ownerships. Commissioner Adam Silver indicated that while there is interest in expansion, it needs to be addressed cautiously in relation to revenue and television contracts. The discussion is complex, primarily due to the need for new teams to contribute significantly to the league's overall revenue, as existing teams share in league revenues. Potential expansion teams are expected to pay a high entry fee, projected by some reports to exceed $5 billion, setting a historical precedent for expansion costs.
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