LeBron James has publicly stated his desire to own an NBA franchise one day. And particularly, one in Las Vegas. That dream felt more real this week with the league putting wheels in motion for a vote on future expansion with its sights set exclusively on Las Vegas and Seattle.
Mere days later, that thought appears no more. According to a report by The Athletic’s Joe Vardon and Mike Vorkunov, James’s business partner Fenway Sports Group is not currently interested in pursuing the likely NBA expansion opportunity in Vegas. FSG did not comment, but The Athletic noted, citing sources, that the sports investment firm’s reluctance is due to the expected cost.
