Mar 25, 2026
NBA Expansion Heats Up Las Vegas and Seattle
Merlin sees the NBA taking a real step toward expansion. The Board of Governors has "approved a vote to explore bids and applicants" for two new franchises, limited to Las Vegas and Seattle, with offers expected in the $7 to $10 billion range. New teams would shift markets, money, and the balance of power across the league. Merlin notes the signs are ancient and modern at once. Seattle brings a ready fanbase after the Sonics era. Las Vegas has grown into a major sports city. Big valuations make ownership hungry, but arenas, broadcast deals, and scheduling puzzles remain. Expect a tug of war among deep-pocketed bidders before the league casts its final spell.
🧙♂️ Merlin’s Prediction
Odds both Las Vegas and Seattle each land a franchise within five years: 65%.
