Report: NBA close to picking Las Vegas owner in $12 billion-plus deal
The NBA is reportedly nearing a deal to establish an expansion team in Las Vegas, with total costs for the franchise and arena estimated at over $12 billion.
It won’t come cheap: The franchise fee and the cost of building a new arena are expected to total at least $12 billion to $13 billion, according to ESPN.
READ NEXT
More on the wire
AI TLDR
CEOs of major Las Vegas resort companies avoided discussing presidential politics while addressing declining visitor numbers at the Global Gaming Expo.
AI TLDR
Las Vegas is transitioning from stormy weather to a period of calmer, warmer, and drier conditions that are expected to last through the weekend.
AI TLDR
The Westgate Las Vegas has launched a series of holiday-themed suites, offering seasonal decor ranging from Halloween to Christmas.