Las Vegas NBA expansion bid gains momentum
Key Questions
What progress has been made on the Las Vegas Jacks NBA bid?
The bid has raised $13 billion and involves Jerry Colangelo, with plans for a new Strip arena. NBA Commissioner Silver's comments indicate momentum.
How long has the Las Vegas Jacks ownership group been preparing?
The group has been developing the expansion bid for years, according to sources, alongside Las Vegas's growing portfolio of major events.
What other major events is Las Vegas hosting?
The city already features F1, the CFP, and Pac-12 basketball, further boosted by the NBA Summer League at the Thomas & Mack Center.
The Las Vegas Jacks' NBA expansion bid is years in the making, with a $13B raise, Jerry Colangelo's involvement, and plans for a new Strip arena. NBA commissioner Silver's recent comments suggest progress. This adds to Las Vegas's growing major event portfolio alongside F1, CFP, and Pac-12 basketball.
Sources (2)
Updated Jul 18, 2026