NBA Commissioner Adam Silver is following events that are expected to give Las Vegas its first major sports franchise when National Hockey League owners vote on the issue next week.
The NBA isn’t looking to follow the NHL to Las Vegas anytime soon, commissioner Adam Silver said during an interview on The Dan Patrick Show. But he said the league is keeping an eye on the market.
He said the NBA is “not in expansion mode so (Vegas is) not something we’re even thinking about right now.”
He sees Las Vegas as a “great market” with big potential but one of his concerns is the size of the Las Vegas television market and its potential base for season tickets. The NBA’s bar for success is having at least 10,000 season ticket holders.
Silver is impressed by the big volume of tourists (more than 42 million last year) arriving annually from across the U.S. and around the world.
“And as we get more popular in Asia and Europe and other parts of the world, a lot of people from those markets are constantly traveling to Vegas and that’s one of the attractions as well.”
Silver has previously said publicly that he supports legalized sports gambling if there’s federal oversight
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: