Woj: LeBron Already Working Toward Owning Expansion Team In Vegas

LeBron James isn’t just discussing the possibility of owning an NBA expansion team in Las Vegas, he’s already trying to make it happen, ESPN’s Adrian Wojnarowski said tonight on NBA Countdown (video link).

“He has been active behind the scenes and on a regular basis now in meetings with his advisors planning with a group about what a franchise would look like, how an organization would run and then obviously the finances,” Wojnarowski said. “It is going to be an expensive proposition to get an expansion team in this next round.”

Wojnarowski adds that one potential obstacle for an ownership group led by James was recently eliminated when the Adelson family reached a tentative agreement to purchase the Mavericks. The Adelsons are involved in the casino business and would have been “a real contender” to become the new owners of a Las Vegas team, according to Wojnarowski.

Woj also confirms that the NBA plans to begin considering expansion once its next media rights deal is finalized and has an eye on adding two teams, with Las Vegas and Seattle considered the current favorites.

“LeBron James is determined to be at the forefront of a Vegas expansion NBA team in the future,” Wojnarowski adds, “and he is putting the work in on it now.”

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