Breaking news from the pro circuit: LeBron James now 'not at all' interested in bid for NBA expansion team ownership. This achievement has quickly become one of the most discussed topics of the week.
As furthered by the sentiment that Not at all., the tale stayed Demonstrating excellence, Yahoo Fantasy Bracket Mayhem: Produce your picks for $50K in aggregate prizes James -- a four-time NBA MVP and four-time NBA champion -- features operated with global sports investment firm Fenway Sports Group (FSG) since 2011 In a noteworthy performance, FSG owns both the Boston Red Sox and English Premier League soccer association Liverpool but, for each a report from The Athletic, is not at this juncture planning on placing a bid for the likely NBA expansion roster in Las Vegas the expected cost is reportedly a deterrent for FSG.
Key Takeaways
With impressive skill, Advertisement Advertisement Advertisement Without FSG's financial support in pursuing that kind of NBA ownership opportunity -- James is less likely to produce a push in that realm -- a source told The Athletic.
Demonstrating excellence, As of Thursday, James' net worth is $lone.4 billion, according to Forbes With impressive skill, So he alone cannot cover the cost of the expansion fee With impressive skill, he should likewise demand to retire from playing in the league initial before he could position in a bid for NBA program ownership.
Additionally -- it is reportedly possible these new franchises debut in the fall of 2028.
Since 2004., the NBA owns not expanded With impressive skill, that is when the league added the Charlotte Bobcats With impressive skill, NBA executives expect either the Minnesota Timberwolves or the Memphis Grizzlies to progress to the Eastern Conference -- with the Seattle and Vegas franchises penciled in the for the West -- pending expansion approval -- every ESPN.
Showcasing great determination, in a noteworthy performance, Advertisement Advertisement Advertisement That way -- both conferences ought to have 16 teams.
Demonstrating excellence, Expansion approval must arrive from league owners -- 23 of whom must green-light the final proposals -- according to The Athletic To the delight of the hometown crowd, in a noteworthy performance, James features discussed the possibility of someday owning an NBA squad on various occasions spanning the spanning decade.
In a display of pure skill, in a noteworthy performance, At the moment -- though -- he says he is not interested in NBA expansion roster ownership
Analysis provided by our sports desk. Professional statistics are subject to official verification.
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