The league will select the winning bid for the Las Vegas franchise in the near future, according to sources cited by ESPN. This decision is the final step in establishing a permanent owner for the expansion team before it begins operations in the Southwest market.
Tuesday, October 20, 2026
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Bill Foley Joins Rival Bidder for Las Vegas NBA Franchise
Sports21 days ago
The owner of the Vegas Golden Knights has combined his investment group with a competitor to edge out Walmart heir Nancy Walton Laurie for the city's first professional basketball team. Bill Foley merged his assets with another bidding group to strengthen his position as the NBA prepares to award ownership of its newest expansion franchise in Nevada.
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