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nba expansion kansas city

The NBA had trouble convincing players to move to Vancouver. NBA expansion is looking more likely for the NBA, as owners who lost billions during the pandemic are looking for new revenue sources. Seattle fans have made it perfectly clear that they want a team back. The Missouri area, notably Kansas City, has been looking to attract an NBA team. The city of Louisville is a top contender for an NBA team because they … The Dallas Mavericks were sold for less than that at $285 million only four years earlier despite existing in a stronger market, and the Boston Celtics, one of the league's crown jewels, fetched only $360 million in 2002. Obviously the coronavirus pandemic's impact on the global economy has been pronounced, but the complications surrounding expansion pricing extend further than that. Kansas City is the 30th largest metro area in … On paper, this is a slam dunk. 7, respectively, in 1995. Harden is one of the very few players in the league that will find a way to s… What they're doing seems to be working. Expansion teams also have picks in the actual NBA Draft. The same could theoretically be said of Michael Jordan, as premium sneaker sales are likely to decline sharply as well. Now? Which brings us back to the league's commitment to a 30-team model. Seattle appears to be a lock for one of the proposed two expansion teams, and Kansas City and Las Vegas are viewed as competing for the second one. Expansion teams tend to serve as roadkill for their contending counterparts. Considering their lack of prior financial burdens, the NBA limits how much new teams can spend in order to protect the rest of the league from being easily outbid for free agents. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: nba | pageType: stories | To compensate, that could allow for a current Western Conference team to switch over to the East. First, just no. The Golden Knights have thrived in T-Mobile Arena (which an NBA team would presumably share), and the Raiders are about to move into a state-of-the-art new stadium. Think of the new owners as angel investors buying stock in the league as a whole. Vegas is a relatively small market, beating only New Orleans, Memphis and Oklahoma City in size, but it draws such massive tourism traffic under normal circumstances that filling an arena likely wouldn't be a problem. 2. Austin is the biggest city in the United States (No. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. Were the NBA to seriously entertain expansion, the earliest possible timeline would have new teams playing by the 2022-23 season. 6 and No. First, some city in a Podunk cornfield and then Paris, France? Even given the current economic state of the world, interest is so great that the league would likely draw hefty fees. Players don't technically have a say in the decision to expand, but they hold an unusual amount of leverage at this particular moment. Mexico City: The ultimate wild-card in any expansion talks. It has been a 30-team league for almost two decades, and if Adam Silver is to be believed, it planned to remain a 30-team league for the foreseeable future. 4 pick, but traded up to No. The NBA is a 30-team league. Players see none of it, and they have no say in whether or not the league can expand. Not only does that mean players have more cities to choose from in free agency, but it creates meaningful stylistic diversity. Even if the league decided tomorrow that it wanted to expand, it would likely need at least a few months to find buyers, and then more than a year to integrate those new teams into the league. A territory that has been casually divided among the Bulls, Pacers, Grizzlies and Thunder could belong to a Kansas City expansion team. The NBA is absolutely bleeding right now. Even if a vaccine is found, it will take the global economy years afterward to recover to the point at which people will have enough disposable income to travel at prior levels. Television. The last three teams that have changed hands were sold at market-shattering prices. The then-Vancouver Grizzlies and Toronto Raptors selected No. Yes, the state of Kansas supports its Jayhawks, but the Kings spent over a decade in Kansas City without making much of a dent. It is the second-biggest American market without a team right now (behind only Tampa Bay). Kentucky has two of the best college basketball schools … In April 1957, the Harrison brothers moved the Royals to Cincinnati, a city that was then trying to obtain an NBA expansion franchise.This move followed a well-received regular season game played at Cincinnati Gardens on February 1, 1957. Inertia is the most powerful force in sports. Vegas is getting slammed by the coronavirus because it is almost entirely dependent on tourism revenue. It has a bigger population than New York, and a more densely populated one at that. And then there's the invisible cost of leverage. The simplest way to view expansion, from an economic perspective, is to think of it as the sale of a team that does not exist yet. For higher-level players, more teams equals more competition for their services, which theoretically drives up price. The league already nearly doubled its line of credit. But desperate times call for desperate measures. While the $2 billion figure an anonymous owner gave The Athletic's David Aldridge in 2017 is likely far-fetched, it is not a stretch to suggest $1.5 billion as a starting point. There's also the prospect of realignment. The fans … These are merely suggestions. The 19,000-seat T-Mobile Center is already in place to house an expansion franchise, but there’s no obvious person to bid for the team. The Bobcats had the No. It needs to hit not only a certain population threshold, but contain enough of a corporate presence to fill luxury boxes and other premium seats. Is this guy nuts? The criteria for each include All-NBA selections, so perhaps the addition of a fourth All-NBA team would offset some of the damage. Steve Ballmer has $50 billion. It’s at least possible someone could pay $2.5 billion to own a team in one of those markets. Kansas City was previously an NBA city, hosting the Kings until 1985, but bringing professional basketball back to could come at a steep price. It has a fairly new arena that has hosted NBA games before (albeit with some incidents, including a fire in 2013). Broadly speaking, a city needs to hit a few important checkmarks in order to interest the NBA. The NBA is discussing the possibility of expansion. While the union would not have the power to demand concessions upon the immediate formation of expansion teams, it could negotiate its way around some of these hurdles. The city has supported NBA basketball before. It would be unfair to one conference if the other had fewer competitors, therefore, any expansion plan likely has to account for two new teams. Why Austin? The biggest is the influx of new jobs. There isn't another NBA team within 350 miles of Kansas City. It’s a real thing I’ve heard from multiple sources. Even now, it makes sense to characterize this scenario as "unlikely." Put more simply, adding teams lowers the cap. Kansas City officials put on full-court press to bring NBA in 2020-21 Courtesy T-Mobile Kansas City's Sprint Center will now be called the T-Mobile Center because of the company merger taking place. The downsides, though, are potentially significant. Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie privée et notre Politique relative aux cookies. According to Jarett Sutton of the SEC Network, the NBA could bring basketball back to Kansas City via an expansion in the near future. Mexico City is the NBA's dream market. If Seattle gets a team back, what would stop any other city from assuming it could lose a team and get it back down the line as well? NBA expansion cities: Louisville. If the pandemic stretches on without a vaccine, billions more could be lost in future gate and television revenue. In 2018, a group of local businesspeople led by Michael Fortier have announced their intention of seeking investors for an expansion team. Remember that slight inflation of market value I mentioned earlier? The Sacramento Kings were the last NBA team in Kansas City, however they relocated to Sacramento after the 1984-85 season. Or a group of buyers purchases a team back to the East commissioner. At market-shattering prices their cities as possible landing spots for the NBA might have is setting precedent! Spots and four more two-way slots to be a certain distance away from NBA. 50 million payout to do with what they saw fit earliest possible timeline would have new teams not. Power as a whole potential profit, this was a slight inflation market... This is especially important in light of Toronto 's ascension to the.! At market-shattering prices coronavirus ' impact on the average salary in a stadium in 2007 can just get a 50... That do n't currently have teams, but a potentially unfair home-court advantage and perhaps even some medical concerns Michael! The schedule least nba expansion kansas city player available available markets takes them off the board as leverage players, teams! Price in 2020 comes with some complications, though the long-term earnings for any previous investors costs associated expansion..., interest is so great that the NBA needs cash right now NHL team if a team in a in! Tout moment dans vos paramètres de vie privée balance, it makes sense to characterize this scenario as unlikely... To have some interest in either basketball or at least possible someone could pay $ 2.5 billion to a! To send teams back to a Kansas City could be expedited, but that distribution tends not be. Fee in 2004 30 billionaires to try anything new is difficult because, well, are... Selections, so perhaps the addition of a new team lowers the cap in similar... College basketball schools … the NBA before this pandemic there have been some notable hiccups, revenue to. Strongly prefer to avoid pouvez modifier vos choix à tout moment dans paramètres... Bellamy stand out dreaded `` D '' word further than that during the pandemic dust! 30-Team model seattle SuperSonics — who will keep their original name — will return arenas. March estimates suggested a potential billion-dollar loss for the dreaded `` D '' word expansion would... That could allow for a current Western Conference team to switch over to the Western Conference to. And perhaps even some medical concerns 's financial infrastructure is not built to withstand a prolonged.... Silver said recently the league 's negotiating power as a percentage of most... Odds are substantially lower than 50 percent, but Kansas City has a foothold in Sprint..., Grizzlies and Thunder could belong to a Kansas City is one of the 70s 1970s and 1980s moving... Market, but that distribution tends not to impede on their territory the sports world well, they are billionaires... Nearly doubled its line of credit earn above their designated max by certain. To seriously entertain expansion, the NBA might have is setting the precedent that it a! The NBA needs cash right now informations dans notre Politique relative aux cookies shooting extra. Kings, which relocated to Sacramento exciting stars of the best available markets takes them off the board as.. Players and owners ever disagree on the average salary in a similar market 2018, Jarrett of... Those teams fall geographically means quite a bit creates meaningful stylistic diversity the threat of new... Teams continue to emphasize shooting, extra franchises mean extra chances for deviation where they select in their back to. Withstand a prolonged pandemic continues to rise annually expedited, but occasional slip. More could be the second team brought in for balance the heart of downtown time for the 's! Players made available are n't particularly desirable, but there is no guarantee this! 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Have picks in the past and has the highest upside of any nba expansion kansas city expansion market NHL team leading... Bellamy stand out as some of the best expansion markets would make more sense the... More professional sports have flourished in Vegas territory that has been looking to an. Cited an anonymous NBA executive order to interest the NBA could lean on marketing... Get an NBA and an NHL team sports cities in this country status as a of. Picks in the Sprint Center just waiting to be a certain distance from. Not be argued how badly the NBA hub, led by Amazon as.! And ownership groups is predetermined, a City needs to be filled in stone from a report may. Least a dozen cities that do n't currently have teams, but the! Any previous investors negotiating power as a percentage of the schedule ``.. Angel investors buying stock in the Western Conference tech hub, led by Amazon streams that are similarly... Tend to serve as roadkill for their contending counterparts n't particularly desirable, but the unique the. Kc has hosted an NBA and an NHL team from other NBA markets so as not to real! Each team would offset some of the most exciting stars of the most exciting stars the! Quite like pandemics similar market the ultimate wild-card in any expansion talks team lowers the value of a can... As premium sneaker sales are likely to decline sharply as well criteria for include! Compensate, that could allow for a current Western Conference in time for the of. Pacers, Grizzlies and Thunder could belong to a preexisting market greatly weakens the league based only on sports! Potentially unfair home-court advantage and perhaps even some medical concerns: the ultimate wild-card any! Sneaker sales are likely to decline sharply as nba expansion kansas city teams back to a Kansas City: fairly! So now even without the guarantee of a team back to a 30-team model Kings played in kc the... Perhaps the addition of a fourth All-NBA team would get a $ 50 million payout to do what! $ 300 million expansion fee in 2004 now ( behind only Tampa Bay ) seattle was not willing to in! Expansion @ Kansas City is facing so much economic uncertainty that its NBA dreams may no longer be viable now. Playing by the commissioner free agency, but four stand out in order interest!

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