Jerry Colangelo Back in NBA Expansion Race | Phoenix Suns News

Jerry Colangelo, the legendary architect behind the Phoenix Suns, is back in NBA ownership mode—leading a powerhouse bid to bring a new expansion team to Las Vegas. With a staggering $12.5–13 billion in assets and a cash-ready expansion fee, the “Las Vegas Jacks” crew is throwing serious weight into the ring. Colangelo, 86, is energized by the global NBA boom and sees this as his crowning achievement. But don’t sleep on the competition—Magic Johnson and Bill Foley are also in the hunt, and NBA Commissioner Adam Silver aims to make a final decision by year’s end. A new rival just a few hours from Phoenix? The league’s future is about to get wild. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3f213d0bc198d3a6