💨 Abstract
NBA Commissioner Adam Silver announced that team owners have tasked the league with formally studying expansion, a move that could add franchises beyond the current 30 teams. This decision follows years of discussion, with Las Vegas and Seattle seen as potential cities. Expansion is complex due to economic implications, as new teams would dilute the value of existing franchises. The NBA recently secured a $76 billion media rights deal and has high franchise valuations, including the Celtics and Lakers.
Courtesy: WTOP Staff
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