Overview
- Floyd Mayweather said he is no longer sure he wants to join a group to buy a Las Vegas NBA expansion team, citing the stress he sees in team ownership.
- He called the reported $7 billion to $10 billion expansion fee a worthy investment, saying franchise values in major leagues tend to rise.
- NBA commissioner Adam Silver has said the league is exploring expansion in Las Vegas and Seattle, though no team has been approved.
- Media outlets have reported the potential buy-in cost in the multi-billion dollar range, which shapes who can realistically assemble a bid.
- Magic Johnson and his MAGI group have signaled interest in an expansion team as Las Vegas’ pro scene grows with the Golden Knights, Aces, Raiders, and the Athletics slated for 2028.