Source brief originally prepared September 30, 2026. This is a dated record of the linked announcements.
On March 25, 2026, the NBA Board of Governors authorized the league to explore potential expansion to Las Vegas and Seattle. The NBA said PJT Partners would help evaluate markets, ownership groups, arenas and the economic implications.
The distinction matters: the announcement authorizes an evaluation. It does not award a Las Vegas franchise, identify a winning ownership group or name a team.
For readers following Vegas basketball, the league’s own announcements are the starting point. A bidder’s proposal and a league decision are different events; this desk will label them accordingly.
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