EPISODE · Apr 8, 2026 · 4 MIN
BBT #11 Snippet | Las Vegas Is Getting an NBA Team
from Black Box Theory Podcast · host Black Box Theory
On March 25, 2026 — the same day the UN voted on reparations — the NBA Board of Governors voted unanimously to expand to Las Vegas and Seattle. The expansion is targeting the 2028-29 season, the ownership group needs to be locked in by July 2026, and right now Las Vegas residents are actively voting on six finalist names: Bighorns, Mustangs, Rattlers, Scorpions, Sharks, and Vipers. The public vote runs through April 15. The NBA makes the final call. And how that call gets made — who actually has power over the identity of a franchise worth $4 billion — is a more interesting conversation than the names themselves.⏱️ Timestamps:00:00 — NBA Expansion, Las Vegas Naming, and Who Controls the Identity of a $4 Billion Franchise📊 Key stats from this clip:• NBA Board of Governors voted unanimously March 25, 2026 to expand to Las Vegas and Seattle — targeting 2028-29 season start• Las Vegas NBA franchise fee: estimated $4 billion — up from the $2.35B paid by the Las Vegas Golden Knights (NHL) in 2017• Six finalist names for Las Vegas team currently in public vote (April 1-15): Bighorns, Mustangs, Rattlers, Scorpions, Sharks, Vipers — NBA makes the final decision regardless• Ownership finalization deadline: July 2026 Board of Governors meeting during Summer League (in Las Vegas)• Expansion draft rules: each existing team may protect up to 8 players; expansion teams select one player per franchise; 14 total selections per new team; coin flip determines pick order• Seattle and Las Vegas will be the NBA's 31st and 32nd franchises — the league hasn't expanded since the Oklahoma City Thunder in 2008• NBA total league value: $12+ billion average franchise valuation in 2026 — the expansion fee alone represents a 33x return on a 2001-era franchise price—📦 Black Box Theory breaks down tech, investing, and corporate culture for early-career professionals. New episodes every week.🎧 Listen everywhere:SpotifyApple PodcastsAmazon MusiciHeartRadioDeezer📲 Follow us:InstagramTikTokYouTube📩 Partnerships & Inquiries: [email protected]⚠️ Disclaimer: We are not financial advisors, tax professionals, or legal experts. All content is for educational and entertainment purposes only. Always do your own research and consult qualified professionals before making financial decisions.#BlackBoxTheory #NBAExpansion #LasVegasNBA #NBA #podcast #sportsbusiness #investing #earlycareerprofessional #BlackProfessionals #techcareers #financialliteracy #NBADraft #Seattle #youngprofessionals #sportsfinance #HBCU #unwrittenrules #franchisevalue
What this episode covers
On March 25, 2026 — the same day the UN voted on reparations — the NBA Board of Governors voted unanimously to expand to Las Vegas and Seattle. The expansion is targeting the 2028-29 season, the ownership group needs to be locked in by July 2026, and right now Las Vegas residents are actively voting on six finalist names: Bighorns, Mustangs, Rattlers, Scorpions, Sharks, and Vipers. The public vote runs through April 15. The NBA makes the final call. And how that call gets made — who actually has power over the identity of a franchise worth $4 billion — is a more interesting conversation than the names themselves.⏱️ Timestamps:00:00 — NBA Expansion, Las Vegas Naming, and Who Controls the Identity of a $4 Billion Franchise📊 Key stats from this clip:• NBA Board of Governors voted unanimously March 25, 2026 to expand to Las Vegas and Seattle — targeting 2028-29 season start• Las Vegas NBA franchise fee: estimated $4 billion — up from the $2.35B paid by the Las Vegas Golden Knights (NHL) in 2017• Six finalist names for Las Vegas team currently in public vote (April 1-15): Bighorns, Mustangs, Rattlers, Scorpions, Sharks, Vipers — NBA makes the final decision regardless• Ownership finalization deadline: July 2026 Board of Governors meeting during Summer League (in Las Vegas)• Expansion draft rules: each existing team may protect up to 8 players; expansion teams select one player per franchise; 14 total selections per new team; coin flip determines pick order• Seattle and Las Vegas will be the NBA's 31st and 32nd franchises — the league hasn't expanded since the Oklahoma City Thunder in 2008• NBA total league value: $12+ billion average franchise valuation in 2026 — the expansion fee alone represents a 33x return on a 2001-era franchise price—📦 Black Box Theory breaks down tech, investing, and corporate culture for early-career professionals. New episodes every week.🎧 Listen everywhere:SpotifyApple PodcastsAmazon MusiciHeartRadioDeezer📲 Follow us:InstagramTikTokYouTube📩 Partnerships & Inquiries: [email protected]⚠️ Disclaimer: We are not financial advisors, tax professionals, or legal experts. All content is for educational and entertainment purposes only. Always do your own research and consult qualified professionals before making financial decisions.#BlackBoxTheory #NBAExpansion #LasVegasNBA #NBA #podcast #sportsbusiness #investing #earlycareerprofessional #BlackProfessionals #techcareers #financialliteracy #NBADraft #Seattle #youngprofessionals #sportsfinance #HBCU #unwrittenrules #franchisevalue
NOW PLAYING
BBT #11 Snippet | Las Vegas Is Getting an NBA Team
No transcript for this episode yet
Similar Episodes
Mar 26, 2026 ·1m
Jan 2, 2026 ·47m
Dec 21, 2025 ·46m