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LeBron James expected to bid for NBA expansion team in Las Vegas

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The looming bidding war for the NBA expansion team expected to be granted to Las Vegas is shaping up to be the most competitive and expensive sports deal in US history. The list of potential suitors spans LeBron James and his backers to the company that owns the Red Bull brand, according to people familiar with the situation. The total price tag including building a new arena has the potential to hit $7 billion, according to two sports advisers who have previously sold NBA teams.
Source: Fortune

What’s the buzz on Twitter?

NBA on ESPN @ESPNNBA
“You cannot help yourself but watch the Steph Curry-LeBron James connection.” 👀
@WindhorstESPN on what has stood out the most watching Team USA prepare for Paris 🏅 pic.twitter.com/pHnloSmUrC3:26 PM

StatMuse @statmuse
Most All-Star + All-NBA selections:
40 — LeBron
34 — Kareem
33 — Kobe
30 — Duncan
The only players with 30. pic.twitter.com/VrBGBv7IGu2:49 PM

Evan Sidery @esidery
The Lakers’ current projected rotation entering next season:
Starters = D’Angelo Russell, Austin Reaves, LeBron James, Rui Hachimura, Anthony Davis
Second Unit = Gabe Vincent, Max Christie, Dalton Knecht, Jarred Vanderbilt, Jaxson Hayes
JJ Redick is also their new head coach. pic.twitter.com/ItyBfOdaXo1:40 PM

Ira Winderman @IraHeatBeat
It’s not the Bronny-LeBron setup, but Caron Butler’s son JC pursues Heat hopes the hard way. sun-sentinel.com/2024/07/19/jc-… How another son also rises (or at least tries, on a road less traveled). – 12:11 PM
The Ringer @ringernba
📝 Joel Embiid is stumbling
📝 LeBron and Steph’s chemistry
📝 Anthony Edwards’s self-awareness
@MichaelVPina’s Team USA observations to look for: theringer.com/nba/2024/7/19/…11:16 AM
Ira Winderman @IraHeatBeat
JC Butler not on the Bronny-LeBron plan, as Caron’s son pursues Heat hopes the hard way sun-sentinel.com/2024/07/19/jc-… Caron Butler on JC Butler, “He’s doing a hell of a job just finding his way and earning his way through the process, so I’m extremely proud of him.” – 10:23 AM
Eurohoops @Eurohoopsnet
LeBron James spoke before USA Basketball’s first practice in London 🗣️
The Chosen One talked about his son Bronny’s improvements, praised the attitude of both Bam Adebayo and Anthony Edwards, and more:
eurohoops.net/en/olympic-gam…10:15 AM
Joe Vardon @joevardon
Kevin Durant is back on the court with Team USA, but is questionable to play this week. When Durant returns, LeBron James says the gold medal favorite is ‘even more powerful.’ Story w/ @ShamsCharania, @TheAthleticNBA nytimes.com/athletic/56470…9:31 AM
NBA on ESPN @ESPNNBA
LeBron the season Bronny was born vs. the season before Bronny was drafted 😳 pic.twitter.com/rKX8j6EQSL9:33 PM

NBA on ESPN @ESPNNBA
Their faces when LeBron is putting up shots 😅
(h/t @MaskedInLA 📸 @nbalatam) pic.twitter.com/gYHnhxzGpR7:20 PM

StatMuse @statmuse
Russell Westbrook has now been teammates with
Kevin Durant
James Harden
LeBron James
Anthony Davis
Paul George
Kawhi Leonard
Carmelo Anthony
Bradley Beal
Dwight Howard
Domantas Sabonis
And now, Nikola Jokic. pic.twitter.com/IcGJmXfDCj2:28 PM

More on this storyline

A $7 billion price tag would top the current high of $6.05 billion that a group led by Josh Harris paid last year to acquire the NFL’s Washington Commanders and the team’s stadium. One big variable on cost will be where the Las Vegas NBA franchise plays. The NHL’s Golden Knights play in the T-Mobile Arena, co-owned by MGM Resorts International. Bill Hornbuckle, CEO of MGM, said earlier this year that he also wants a shot at hosting an NBA team. -via Fortune / July 19, 2024
James — a billionaire in his own right — has said he wants to own a team and pointed to Las Vegas. The Los Angeles Lakers star is backed by RedBird Capital Partners and Fenway Sports Group, with both parties investing in James’ The SpringHill Company in 2021. “They have everything here,” James said in December after the league’s first in-season tournament was held in Las Vegas. But James isn’t the only one. Shaquille O’Neal, an NBA Hall of Famer and media personality, has said that he wants in on whatever team is available. O’Neal was forced to sell his minority stake in the NBA’s Sacramento Kings due to a betting partnership. -via Fortune / July 19, 2024

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