“We’re very appreciative of the markets that have indicated an interest in having an NBA team,” Silver said in December. This wouldn’t be buying the Timberwolves, whom Glen Taylor is mandating be kept in Minnesota. While owners were not motivated to pursue expansion when the league was booming, adding teams could help compensate for their pandemic-related losses. But the most valuable franchises don’t often come onto the market. The NBA … Invariably, he expressed his gratitude to the host city and politely declined. Since Silver’s comments, there’s been plenty of chatter about expansion markets and the financial impacts of expansion. Could the league really generate that much? 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 most important news stories of the day, curated by Post editors and delivered every morning. 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. 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 … Archived. Climate Pledge Arena certainly solves the issue that triggered the relocation away to Oklahoma City. 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. Posted by VanCity B-ball Boy February 3, 2021 Posted in Grizzly Articles Tags: nba expansion, nba to vancouver, seattle supersonics. 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. “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. ... Jan 15, 2021 Updated Jan 15, 2021, 8:36am CST. In contrast to his predecessor, NBA Commissioner Adam Silver has exercised maximum restraint on the topic of expansion. 6 and 35 picks in 2020 NBA draft/first choice in expansion draft. How much better is up to Kyrie Irving. 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.. The NBA could put expansion franchises practically anywhere. Of course, those same owners would be cutting into their slices of future profits. Aldridge: As NBA begins to again consider expansion, one city stands out — Seattle David Aldridge Jan 8, 2021 115 That the NBA will ultimately return to Seattle seems inevitable. The winner’s choice is: Nos. By Steve Dewald @SteveDHoops Jan 8, 2021… “And I was honest with [Silver]. Adding teams could affect the championship chase as well; the NBA’s large-scale expansion arguably assisted the Chicago Bulls in constructing their dynasty. Montreal could easily host the next NBA team and becoming the second Canadian team in the NBA. Updated: 7:46 AM CST January 22, 2021 ST. LOUIS — As the National Basketball Association reopens the discussion of potential expansion into new markets, it … 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. Seattle and Las Vegas look like the frontrunners. 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 … Sorry, your blog cannot share posts by email. The NBA-ready arena, Bell Centre, can also hold up to 22,000. Seattle and Las Vegas want in. Competitive balance has bedeviled the NBA throughout Silver’s tenure. 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. 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.”. That … 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. The NBA G League welcomes a 28th team for the 2019-20 season in the College Park Skyhawks, affiliate of the Atlanta Hawks. 5 and 36 picks in the 2020 NBA draft/second choice in expansion draft or Nos. The Grizzlies began play in 1995 and moved to Memphis after six losing seasons. The NBA is willing to bring on expansion teams, if you can afford the $2.5 billion price tag. But competition for those draft slots figures to be fierce. The top 100 NBA players of 2021. With a larger metro area than Vancouver it makes perfect sense for NBA expansion or an NBA relocation team. Seth Curry’s positive coronavirus test grounds 76ers in New York following loss to the Nets. The league is missing part of it’s soul without the SuperSonics. 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. The NBA is seriously discussing expansion. 4 4. 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. The arena was built with an NBA team in mind. 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 … 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. By Steve Dewald @SteveDHoops Jan 5, 2021, 10:57am PST Share this story 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. The league could work with potential owners to choose the most lucrative cities to place a new team. 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. 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. 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. How much better is up to Kyrie Irving. The league has set a target price range for expansion fees at $2.5 billion, according to ESPN's Brian Windhorst. However, it’s easy to imagine a Bulls-like dynasty playing out again in the player empowerment era. Profits are way down amid the coronavirus pandemic, and expansion fees would provide a jolt of cash. It’ll host the NHL expansion franchise the Seattle Kraken in their first ever season in 2021. “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. LeBron James, Kawhi Leonard, Paul George and Kyrie Irving are among the many stars who have recently sought to play in bigger markets. Before the pandemic, Silver’s tenure was marked by extraordinary financial growth and stability. The National Basketball Association reportedly is considering the addition of two expansion franchises, reigniting the Kansas City area’s hoop dreams. By signing up you agree to our Terms of Use and Privacy Policy. 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. Post was not sent - check your email addresses! 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 … 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. 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. NBA commissioner Adam Silver has hinted over recent weeks that league expansion could be imminent this decade, with a former professional basketball city — … The 2020–21 NBA season is the 75th season of the National Basketball Association (NBA). NBA expansion might be on the way. NBA expansion is looking more likely for the NBA, as owners who lost billions during the pandemic are looking for new revenue sources. It was noteworthy, then, that Silver slightly changed his tune during a preseason conference call in December. People keep creating these bloody lists of potential NBA expansion cities that don’t include Vancouver. Last month, NBA commissioner Adam Silver suggested the … Right now there are talks around the league of potentially expanding in a few years and I believe the talks are right. 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 Nets got better with the James Harden trade. • 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. Profits are way down amid the coronavirus pandemic, and expansion fees would provide a jolt of cash. 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.”. The Seattle SuperSonics — who will keep their original name — will return to the Western Conference in time for the 2021–22 season. 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? The league’s salary cap rose from $63 million in 2014-15 to $109 million this season, and the average franchise value increased from $634 million in 2014 to $2.12 billion in 2020, according to annual estimates by Forbes. Not since 1995, when the Toronto Raptors and Vancouver Grizzlies arrived, has the NBA added multiple franchises simultaneously. The expansion of the National Basketball Association has happened several times in the league's history since it began play in 1946. The current high is the $2.35 billion Joseph Tsai paid for the Nets in 2019. 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 playoffs are tentatively scheduled to run under the standard 16-team playoff format between May 22 and July 22, 2021. He knows Seattle wants to be at the front of the line. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Flipboard (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window). The NBA is seriously discussing expansion. “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. Both #KansasCity and #LasVegas will need a specific ingredient to land one of two potential #NBA expansion teams. ... ©2021 NBC Universal. 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. 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. 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. In the West we have Seattle, the original home of Kevin Durant. 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 … Expansion … Who is to say what a bidding war might bring if the NBA announced a two tiered expansion plan: Two teams in 2020-21; and two more in 2021-2022, which would bring the size of the NBA … Seattle and Las Vegas want to be first in line. It’d be a record for a North American sports-franchise sale. 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. No franchise has changed markets since the Seattle SuperSonics became the Oklahoma City Thunder in 2008, although the Nets relocated from New Jersey to Brooklyn in 2012 and the Warriors moved from Oakland to San Francisco in 2019. 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. Facing billions in lost revenue amid the pandemic, Commissioner Adam Silver said the NBA is studying the possibility of expansion. ESPN’s Brian Windhorst detailed both sides of the market forces that could dictate the NBA’s potential expansion. 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 … 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. Why there will be an NBA Expansion in 2020-2021. So that settles that. Indeed, the Minnesota Timberwolves, who launched in 1989, didn’t win their first playoff series until 2004. 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. 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 has had 30 teams since 2004, when the league granted a franchise to Charlotte after the Hornets relocated to New Orleans. It’s at least possible someone could pay $2.5 billion to own a team in one of those markets. Due to the COVID-19 pandemic, the regular season has been reduced to 72 games, and began on December 22, 2020. A chief concern in any expansion effort is the possible dilution of talent. One of our focuses as the league office is always on how you create better competition.”. Seattle is obviously mentioned when talk of NBA expansion surfaces, and the city’s mayor has fresh optimism about landing a team. 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. The NBA needs Seattle to get an NBA team back to Seattle. 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. “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. Splitting $5 billion among 30 franchises would amount to a stimulus check for each owner of more than $166 million. Were the NBA to seriously entertain expansion, the earliest possible timeline would have new teams playing by the 2022-23 season. 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 … Posted by u/[deleted] 2 years ago. Why there will be an NBA Expansion in 2020-2021. 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. That’d be $166,666,667 for each of the existing 30 teams. Close. 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 Bobcats were announced roughly 18 … NBA commissioner Adam Silver confirmed the league will consider expanding to 32 teams, which will help owners make-up for Covid-19 losses. The NBA gave up too quickly on the Vancouver Grizzlies in the 90’s. David Stern used to dream about extending the league’s reach to Europe and beyond, but Silver has regularly sidestepped and downplayed the conversation. League could work with potential owners to choose the most lucrative cities to place new... High is the possible dilution of talent in Minnesota … Why there be... 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