NBA expansion explained: teams in Vegas and Seattle, LeBron’s role and hungry billionaires

The NBA’s board of governors voted to move forward with the cities as targets for its first expansion since 2004. Here’s what it means for the future of the league

The NBA has moved a step closer to adding teams in Seattle and Las Vegas.

The league’s board of governors met this week and voted to explore bids and applicants for teams exclusively in those two cities, beginning the process for its first expansion in more than two decades. Bids are expected to be in the $7bn to $10bn range per franchise.