NBA Eyes Seattle and Las Vegas for Expansion, Bids Expected to Reach $7-10 Billion (Pic)

The NBA Board of Governors has reportedly given the green light to explore expansion bids exclusively for Seattle and Las Vegas, according to sources from ESPN and Shams Charania.

The process is anticipated to attract bids ranging between $7 billion and $10 billion per team.

This development officially kicks off the NBA's expansion process, aiming to reach a total of 32 franchises, a move high-ranking league officials have long championed.

Over the coming months, the NBA will meticulously review the proposals for both cities.