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WAYNE PARTELLO

Observation

The $10 Billion NBA Team and the Year-Round Arena

A Las Vegas NBA expansion team could reportedly cost as much as $10 billion. But the bigger sports business story may be what gets built around it.

A Las Vegas NBA expansion team could reportedly cost as much as $10 billion. But the bigger sports business story may be what gets built around it.

Adam Silver has discussed the possibility of a “modern entertainment palace” designed for 365-day-a-year activity. That changes the economics from an arena built around 41 NBA home games into a year-round entertainment business with basketball as the anchor.

In Las Vegas, the venue itself could become part of the attraction.

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