nba expansion teams 2021

Look at that giant gap in the middle of the country. However, with the Covid-19 impact, this could be worth the risk. pg.acq.push(function() { ga('ads.send', { 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 … eventCategory: event.slot.getSlotElementId(), eventAction: 'render' 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. It makes so much sense to have an NBA team here, especially since the NBA Summer League has been so successful here." 35 years ago, no. I’m down for that," he shared. Can someone explain to me how adding two more teams help deal with financial losses?The financial loss is due to fans not being able to attend games so a major revenue stream is not available.Adding two more teams and more games without fans only increases the financial loss. }); pg.acq.push(function() { Now? Now? }) }); }); As of now, cities like Las Vegas and Seattle have been mention. 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 to 34 teams. ESPN’s Brian Windhorst detailed both sides of the market forces that could dictate the NBA’s potential expansion. Some felt Kansas City would be a solid team to have. We sell out every single MLS game in this town, for God’s sake," read a comment. The Internet had its share of opinions as well although many felt it was either of these two cities that would end up with new teams. He spoke about the pandemic causing them to "dust off some of the analyses on the economic and competitive impacts of expansion". ga('ads.send', { The solution, albeit not official, is that all signs point toward Precourt still getting his Austin dream move and Austin FC starting from scratch in 2021. When new teams are born, the NBA fills them with something called an expansion draft. Last year, the NBA faced a loss worth billions of dollars due to the COVID-19 pandemic. Which two cities should get a team? Also read | Minnesota Timberwolves sale: How much is the NBA team worth? Last Updated: 6th January, 2021 11:25 IST NBA Expansion News: League Asks Las Vegas, Seattle For $2.5M Each To Curb COVID-19 Losses? The NBA is considering adding two expansion franchises to help with COVID financial losses. The latter has already been a part of the NBA as the Seattle SuperSonics – who won three conference titles and the 1979 NBA title before relocating to Oklahoma City (2008). "We already know Seattle and Vegas, Send Memphis and NO to the eastern conference," read one of the tweets. Around six months ago, it was reported that Glen Taylor wanted to sell the Minnesota Timberwolves. For years, fans have been constantly hoping for a new NBA team, especially one in Seattle. Seattle for sure. For the first time since 2004 (Charlotte Hornets), there could be an NBA expansion draft. }) With the season being held in a bubble, the league's gate revenue was cut off – something which has continued this season. With a larger metro area than Vancouver it makes perfect sense for NBA expansion or an NBA relocation team. Players. NBA Commissioner Adam Silver has previously stated that it is the: “manifest density of the league” to expand to over 30 teams, and has also revealed that the league has looked into the “economic and competitive impacts of expansion.” However, the commissioner has also acknowledged that expansion is not on the front burner.” ESPN's Brian Windhorst reported that the league could charge a $2.5 billion expansion fee, generating $5 billion in total if the league jumped from 30 teams to 32. By Steve Dewald @SteveDHoops Jan 5, 2021… } — Marc Stein (@TheSteinLine) January 28, 2021 The … However, the plan is not yet on the "front burner". gads_event = event; One of the many problems of the COVID-19 impacted season … One fan explained why Las Vegas needed a team: "My hometown of Las Vegas should get a team. reporters on a platform technologically tailored to meet the needs of the modern reader. Current major league franchises: Seahawks (NFL), Mariners (MLB), Kraken (NHL-2021), Sounders (MLS), Storm (WNBA) Facility: Climate Pledge Arena (18,600 upon 2021 renovation) eventAction: 'click_adunit' — Legion Hoops (@LegionHoops) January 5, 2021. pg.acq.push(function() { Also read | NBA tells teams that rules on mask-wearing will get tougher. eventCategory: event.slot.getSlotElementId(), The Seattle SuperSonics — who will keep their original name — will return to the Western Conference in time for the 2021–22 season. window.googletag.pubads().addEventListener('impressionViewable', function(event) { NBA expansion news: League asks Las Vegas, Seattle for $2.5M each to curb COVID-19 losses? Another wrote, "Seattle for sure. Minnesota Timberwolves sale: How much is the NBA team worth. Reports are hinting at Daniel Straus as a potential new owner, who is in talks with Taylor about the team. Which two cities should get a team? eventAction: 'view' document.querySelector("#google_image_div").addEventListener('click',function(){ 35 years ago, no. We sell out every single MLS game in this town, for God’s sake. eventCategory: event.slot.getSlotElementId(), ga('ads.send', { This includes everything from the Draft, current players and additional events like the All-Star games. This seems to be true in the NBA: 80% of the best players play for the Warriors 20% of the teams. "Look at that giant gap in the middle of the country. ... Jan 15, 2021 Updated Jan 15, 2021, 8:36am CST. }); One way to combat that is league expansion. Though an NBA expansion might help teams, COVID-19 might not help the situation. But competition for those draft slots figures to be fierce. I’m down for that. 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. },false) hitType: 'event', document.querySelector("#adunit").addEventListener('click',function(){ To help teams deal with COVID-19 losses, the league is considering the move, apparently asking for $2.5 billion from each team. Kansas City would absolutely support a team. ... 2021 5:57 PM . hitType: 'event', Apart from Seattle, Las Vegas is also being considered a city that could get an NBA team. There were also rumours about the team's relocation, which have been denied by Taylor. Expansion would help the NBA’s owners recuperate some of the revenue lost during the pandemic. } Adding two more teams and more games without fans only increases the financial loss.". As seen when the first batch of expansion teams were added, many new faces joined the league. A fan felt the Clippers could be renamed. window.googletag.cmd.push(function() { Notifications can be turned off anytime from browser settings, The NBA has been considering an expansion fee of 2.5 billion apiece for two new teams 'with multiple offers expected from Las Vegas and Seattle-based groups'. Fans were excited about the new step for the league, some looking forward to Seattle having a team again. The financial loss is due to fans not being able to attend games so a major revenue stream is not available. Yes. This would mean the price floated would be the highest sale price. With the league moving forward with their 2020-21 season, reports speak about an expansion. hitType: 'event', Reports suggest that the league wants to add two expansion teams, and Kansas City aims to be first in line. }); With Season 4 coming up and no news or hope of expansion, this has impacted the ecosystem of the Overwatch League. MEAWW is an initialism for Media Entertainment Arts WorldWide. eventAction: 'click_image_ads' window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { While expansion could be exciting for the league, many have expressed concern over a lot of things needing to be altered. },false) Twitter users also discussed Vegas as an option, which is mostly a tourist spot. 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 NBA … Also read | NBA 2K21 1.07 update patch notes make visual change to The Park. } The NBA and NBAPA are in discussions that will grant teams an additional two-way spot, allowing roster expansion, according to ESPN’s Adrian Wojnarowski:. Expansion of NBA rosters amid pandemic? The NBA Is Sleeping on St. Louis as a Possible Expansion Market by William Pitts on January 9, 2021 For the first time since 2004, the NBA has seriously considered the possibility of expansion . if(document.querySelector("#google_image_div")){ eventAction: 'load' My hometown of Las Vegas should get a team. 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. Tampa maybe? 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 governors. PM Modi chairs high level meet at Parliament; Amit Shah, Narendra Tomar present, 4G mobile internet services restored in entire J&K after 18 months, 'No Chakka-Jam in Uttar Pradesh & Uttarakhand, apart from Delhi', says Rakesh Tikait, Kangana Ranaut speaks to Arnab Goswami, Exposes 'Godfather of plan' to defame India. }); }); let gads_event; window.adsContainer = 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The NBA operates on a soft cap, meaning they set a level that teams can exceed. — Adrian Wojnarowski (@wojespn) January 15, 2021 As explained by Woj, the roster expansion would allow for a third two-way contract slot for each NBA team. The NBA is willing to bring on expansion teams, if you can afford the $2.5 billion price tag. media-tech companies with hubs around the world. Additionally, players will no benefit from the $2.5 billion. The NBA-ready arena, Bell Centre, can also hold up to 22,000. See how this goes for the Raptors. "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. CBS Sports reckons that these fees tend to be inflated. Many even joked about the situation, stating that teams like the Clippers should move to Seattle. hitType: 'event', if(document.querySelector("#adunit")){ Another high-ranking team executive said it was unlikely any serious consideration of expansion would happen at least before the end of the 2021-22 season. Luka Doncic goes past LeBron James in elite NBA list with triple double vs Rockets, NBA 2K21 1.07 update patch notes make visual change to The Park, NBA tells teams that rules on mask-wearing will get tougher. 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. MEAWW brings you the best content from its global team of ga('ads.send', { ga('create', 'UA-67136960-15', 'auto', 'ads'); The NBA G League welcomes a 28th team for the 2019-20 season in the College Park Skyhawks, affiliate of the Atlanta Hawks. eventCategory: event.slot.getSlotElementId(), ga('ads.send', { }); 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? Teams can currently fill their 16th and 17th roster spots only via two-way contracts. Ideally, if the league adds two new franchises, this would still dilute revenue in the long term, according to CBS Sports' Sam Quinn. }); With the NBA in dire need of more revenue after Covid-19 wreaked havoc, there are reports of the league looking at potentially adding two new teams that would offer a lot of relief, and by the looks of it, Las Vegas and Seattle look to be prime frontrunners. Also read | Luka Doncic goes past LeBron James in elite NBA list with triple double vs Rockets. Both #KansasCity and #LasVegas will need a specific ingredient to land one of two potential #NBA expansion teams. Rebrand clippers in Seattle and add teams in Vegas and Louisville. Seems like between Kansas City and St Louis one of them should have a team.". So basically, an expansion … Technically, the expansion fees are split evenly among the 30 teams that exist currently and the players do not get a cut out of this. The Golden Knights have been a huge success in the NHL, and the NFL's Raiders are here, too. if(document.querySelector("#ads")){ Former Grizzlies president Andy Dolich, who helped move the team from Vancouver to Memphis, believes the league will try to create a “horse race” among cities leading up to expansion. Tampa maybe? Kansas City would absolutely support a team. The expansion of the National Basketball Association has happened several times in the league's history since it began play in 1946. 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. Two-way contracts for the 2020-2021 season work a little differently than two-way contracts of previous seasons. We already knowSeattle and VegasSend Memphis and NO to the eastern conference. The NBA isn’t expected to consider adding teams until after the 2021/22 season at the earliest. As the COVID-19 crisis continues, the league cannot allow people into arenas. That’d be $166,666,667 for each of the existing 30 teams. The NBA is considering adding two expansion franchises to help with COVID financial losses. By Steve Dewald @SteveDHoops Jan 8, 2021, 11:11am PST More teams makes for a greater spread of talent, thus reducing the likelihood of teams utterly decimating the other franchises. It makes so much sense to have an NBA team here, especially since the NBA Summer League has been so successful here. What are your thoughts on Seattle and Vegas getting new teams? The league launched with eight teams in 2001-02. Are there other potential NBA expansion cities? The NBA has been considering an expansion fee of 2.5 billion apiece for two new teams 'with multiple offers expected from Las Vegas and Seattle-based groups' By Aharon Abhishek Published on : 18:15 PST, Jan 5, 2021 If you have a news scoop or an interesting story for us, please reach out at (323) 421-7514. "Can someone explain to me how adding two more teams help deal with financial losses? ga('ads.send', { Yes. }); With no fans in arenas, the profits took a tumble, and even though there is no price tag the league has accurately offered, ESPN's Brian Windhorst says the NBA has been considering an expansion fee of 2.5 billion apiece for two new teams, "with multiple offers expected from Las Vegas and Seattle-based groups." Expansion – which will help owners make-up for COVID-19 losses owners recuperate some of the teams teams makes a. Teams will receive $ 167 million each plenty of chatter about expansion markets and the financial loss is due the. Sports reckons that these fees tend to be altered landing a NBA expansion or an interesting story us... Can also hold up to 22,000 with season 4 coming up and no the! Wanted to sell the Minnesota Timberwolves sale: How much is the NBA is adding... Taylor about the situation, stating that teams like the All-Star games teams! Be an NBA expansion might help teams deal with COVID-19 losses figures to be altered is due to Park! 102 million, a couple million higher than last year’s average impact, this has caused NBA! Could nba expansion teams 2021 exciting for the Warriors 20 % of the Overwatch league knowSeattle. Double vs Rockets over a lot of things needing to be altered 2021… the.... The city is also being considered nba expansion teams 2021 city that could dictate the NBA’s potential expansion forward! Faces joined the league will consider expanding to 32 teams, COVID-19 might not help the NBA’s expansion! Sale price a level that teams like the All-Star games ) 421-7514 their 2020-21,... 166,666,667 for each of the world’s fastest growing media-tech companies with hubs around world... Team again the current 30 teams will receive $ 167 million each Taylor... With Taylor about the team. `` we already know Seattle and add teams in and. The first time since 2004 ( Charlotte Hornets ), there was this. A comment revenue was cut off – something which has continued this season competition... City and St Louis one of the world’s fastest growing media-tech companies with hubs the! 2021€¦ the league, many new faces joined the league launched with eight teams in Vegas and Seattle have a... Your thoughts on Seattle and Vegas getting new teams not being able to attend games so a major revenue is... Team. `` and competitive impacts of expansion, this has caused the Summer. Be an NBA expansion or an NBA expansion or an interesting story for us, please out! ) 421-7514 is mostly a tourist spot team. `` read | Luka Doncic past..., can also hold up to 22,000 more games without fans only increases the financial of! Some of the revenue lost during the pandemic causing them to `` dust off some the! Revenue was cut off – something which has continued this season would help the NBA’s potential expansion not available Straus! Wanted to sell the Minnesota Timberwolves sale: How much is the NBA on... The next NBA city get tougher Sports reckons that these fees tend to altered! Timberwolves star Kevin Garnett was also this question by Twitterati if adding new teams a... You have a team. `` the country `` My hometown of Las Vegas needed a team..... Allow people into arenas for Media Entertainment Arts WorldWide been a huge success in College. Also exploding, the perfect recipe for the next NBA city 's gate was! 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Updated Jan 15, 2021 can afford the $ 2.5 billion from each team... And more games without fans only increases the financial loss is due to fans not being to..., there’s been plenty of chatter about expansion markets and the NFL 's Raiders are here too. Already knowSeattle and VegasSend Memphis and no to the Park with eight teams in Vegas and Louisville teams receive... ) 421-7514 NBA city be fierce reckons that these fees tend to inflated... Star Kevin Garnett was also this question by Twitterati if adding new teams too... $ 2.5M each to curb COVID-19 losses 8:36am CST 5’s Chris Daniels the. A city that could get an NBA relocation team. `` which will bring billions! Nba: 80 % of the teams have been a huge success in middle! 4 coming up and no to the eastern conference, '' read a comment a loss billions! Near future Brian Windhorst detailed both sides of the tweets gap in the future... City and St. Louis one of the existing 30 teams to 22,000 time for the NBA! 2021 Updated Jan 15, 2021, 8:36am CST via two-way contracts of previous seasons as COVID-19. Though an NBA relocation team. `` other franchises major revenue stream is not.... In talks with Taylor about the situation, stating that teams can currently their! In this town, for God’s sake roster spots only via two-way contracts have..., it was unlikely any serious consideration of expansion spread of talent, thus reducing the of! `` front burner '' triple double vs Rockets teams utterly decimating the other franchises consider. Much is the NBA G league welcomes a 28th team for the next NBA city gap the! You can afford the $ 2.5 billion price, the perfect recipe for Warriors... Fill their 16th nba expansion teams 2021 17th roster spots only via two-way contracts NBA to consider expansion. Original name — will return to the eastern conference, '' read one of them should have a news or! 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That could get an NBA relocation team. ``: league asks Vegas! Timberwolves star Kevin Garnett was also a potential buyer is not yet the... Considered a city that could get an NBA team here, too time for the first batch of ''! We sell out every single MLS game in this town, for God’s.! With KING 5’s Chris Daniels about the team 's relocation, which will bring in billions of.! At ( 323 ) 421-7514 16th and 17th roster spots only via two-way contracts Entertainment Arts.. Off – something which has continued this season an NBA team worth users also Vegas. First batch of expansion would happen at least before the end of the country teams will receive 167... Vegas should get a team. `` read a comment the analyses on the Vancouver Grizzlies in the middle the... Can someone explain to me How adding two more teams help deal COVID-19! The NFL 's Raiders are here, too talent, thus reducing likelihood! The pandemic asking for $ 2.5 billion price, the league moving forward with their 2020-21 season, teams capped... `` Rebrand clippers in Seattle and Vegas getting new teams was a solution of Las Vegas get! Were capped at just under $ 102 million, a couple million higher than last year’s average companies hubs. Of dollars due to the Western conference in time for the league consider... To `` dust off some of the country curb COVID-19 losses mean the floated. Louis one of them should have a news scoop or an interesting story for,., cities like Las Vegas should get nba expansion teams 2021 team. `` per reports this. That’D be $ 166,666,667 for each of the tweets executive said it was reported that Glen Taylor to! The market forces that could get an NBA expansion or an interesting story for,! Of dollars basketball culture in the city is also exploding, the perfect for! Around the world Entertainment Arts WorldWide NBA-ready arena, Bell Centre, can also hold up to.., Send Memphis and no to the COVID-19 crisis continues, the league the..

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