Tag: NBA Board of Governors

NBA Formally Opens Expansion Exploration for Las Vegas and Seattle

NBA
March 2026

The NBA Board of Governors has approved the next step toward possible league expansion by authorizing a formal exploration focused on Las Vegas and Seattle. The move does not confirm new franchises yet, but it signals serious league interest in evaluating both markets in detail. The league has hired PJT Partners as a strategic adviser to assess ownership groups, arena infrastructure, market strength and the wider financial impact of expansion. Adam Silver said the vote reflects strong Board interest in both cities, with further updates expected as the process develops.

NBA approves majority sale of Lakers to Walter

Mark Walter (Los Angeles Lakers)
October 2025

NBA governors unanimously approved sale of a majority stake in the Los Angeles Lakers to Mark Walter. The Buss family retains an interest; Jeanie Buss stays Governor for at least five years. Adam Silver praised Walter’s long association and thanked the Buss family for decades of stewardship and championships won. Transition preserves continuity while injecting fresh capital and governance. Walter’s multi-team experience should professionalise operations without disrupting brand equity. Expect steady front-office support, arena and fan-experience upgrades, and methodical cap planning. Jeanie Buss’s continuing role bridges eras, easing stakeholder concerns during the ownership handover and strategic planning horizon for Los.

POPULAR ARTICLES

© 2026 All Sports · All rights reserved.