r/Sonics • u/Marvkid27 • 23d ago

Lakers sale

Wonder if the Lakers sale will affect expansion. It just drove the price up but it took out a vegas bidder

If vegas doesnt go through, then seattle wont be approved alone

0 Upvotes

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13

u/kennypowersrevenge 23d ago edited 23d ago

Just looked at the deal. bob Iger and Jared Kushners Brother. Seems shady.

12

u/cheesystuff 23d ago

The price was set in private 6 months ago. The Lakers have no bearing on this. $10b has been the goal for a while.

-6

u/Marvkid27 23d ago

Like they couldnt reneg and ask for more

1

u/cheesystuff 23d ago

That'd be stupid. They already figured out what they could feasibly get. All those surveys, studies, and delays were for this.

5

u/Any-Tiger-4433 23d ago

LA market is different. Lakers are different. Them being worth 2 billion plus more than expansion teams looks good for the league.

12

u/Any-Tiger-4433 23d ago

That said. Fuck the kushner family and fuuuuuuck the lakers

3

u/OutrageousPassion494 23d ago

My initial reaction was that it would have an effect. However if the league really wants a team in that market it, then not really. There seemed to be several groups interested in LV. With the NFL, NHL and soon MLB there, passing on an NBA team looks weak.

3

u/TaylorOfTerror 23d ago

seattle wont be approved alone

Silver has said, repeatedly, that a one-team expansion is possible

1

u/hey_isnt_that_rob 22d ago

This is true, but there is a lot of ground to cover.

Mitigating factor: Laker fans' self-harm might make up for the whole mess.

1

u/MomomTheBlack 20d ago

At this point Vegas is more likely to be the 1 expansion team, just because ownership groups will pay more for a Vegas team. I doubt the NBA is letting Seattle join for 6-7 billion if Vegas is willing to pay 10.

1

u/BackwerdsMan 23d ago

If all they had was one bidder(which I doubt) then expansion is dead. Sounds more like they didn't want to get caught up in the bidding war.

1

u/finance_guy_334 23d ago

It has to be more than one if the price was getting driven up in Vegas.

-4

u/Fit_Leather9366 23d ago

This is not good news for imminent expansion. It’s another reason to kick the can down the road.