# Nba Las Vegas Franchise Bid

> NBA picks Las Vegas over Seattle for new franchise with $12-13 billion cost.
- Title: Nba Las Vegas Franchise Bid · CBS Sports | Shortify
- Summary: NBA picks Las Vegas over Seattle for new franchise with $12-13 billion cost. NBA selects Las Vegas for expansion franchise with total cost exceeding $12-13…
- Keywords: nba, las vegas, seattle, expansion franchise, nba commissioner, t-mobile arena, climate pledge arena, sports, Las, Vegas, Franchise, Bid
- Source: CBS Sports — https://cbssports.com/nba/news/nba-expansion-franchise-las-vegas-owner-bids-seattle
- Published: 2026-09-29T21:13:09+00:00
- Read time: 1 min
- Topics: nba, las vegas, seattle, expansion franchise, nba commissioner, t-mobile arena, climate pledge arena, sports
## Nba Expansion Bid
Nba expects to choose a winning bidder for las vegas expansion franchise soon.
## Cost Estimate
Combined team and arena bid expected to exceed twelve point three billion dollars.
## Finalists
Three groups competing for the franchise include walmart heiress nancy walton larry and bill larry.
## Steve Apostolopoulos
Former milwaukee bucks owner with unique governance structure.
## Bill Foley And Jerry Colangelo
Nhl vegas golden knights owner and former nba governor.
## Seattle Arena Readiness
Seattle has climate pledge arena ready for nba franchise.
## Las Vegas Timeline
Las vegas needs new arena and has longer timeline for nba franchise.
## Key takeaway

NBA selects Las Vegas for expansion franchise with total cost exceeding $12-13 billion after Seattle's arena readiness.