NBA G League Team Eyeing Las Vegas Move

It’s not the professional basketball franchise many Las Vegans are hoping for. But it looks like the gaming hub will be home to a team from the NBA’s G League — the association’s developmental arm.

G League Ignite
Dollar Loan Center in Henderson, Nevada. The venue could be home to the NBA G League Ignite team. (Image: City of Henderson)

NBA G League Ignite reportedly filed paperwork to leave its current headquarters in Northern California, becoming the latest entity to flee that state for Nevada. It’s expected the team will relocate to Henderson, a suburb of Las Vegas, where it will play at the Dollar Loan Center.

While Las Vegas is home to two professional franchises from the big four North American sports leagues — the NFL’s Raiders and the NHL’s Vegas Golden Knights — the largest domestic gaming center also features a robust roster of minor league squads and teams from smaller sports. For example, the city is home to the Golden Knights minor league club — the Silver Knights — and the Las Vegas Aviators — the Triple-A affiliate of the Oakland Athletics.

The city also annually hosts the NBA’s Las Vegas Summer League. That kicks off on July 7. The Los Angeles Lakers are also playing two preseason games in Sin City in October.

Not an NBA Team, But…

Las Vegas has long been a hotbed of NBA expansion speculation. But Commissioner Adam Silver recently rained on that parade. In praising Sin City and Seattle as fine sports towns, Silver said the association has no imminent plans to expand.

He did, however, acknowledge the league will add teams at some point. Though Silver did not say so himself, it’s almost a foregone conclusion that when the NBA expands, it will be in Las Vegas and Seattle.

While a minor league basketball team isn’t adequate compensation for missing out on an NBA franchise, G League Ignite isn’t the run-of-the-mill quasi-pro team.

The roster includes elite players who are eligible for the NBA Draft, as well as NBA and NBA G League veterans who serve as mentors to the team’s young talent. The program focuses on high-level competition and accelerated on-court development for players who are beginning their professional careers,” according to the club.

In other words, fans in Las Vegas will likely see future NBA stars on the Ignite roster. Three former Ignite players were selected in the most recent NBA Draft, including two in the first round.

Potential Audition

It’s unlikely that Las Vegas landing the G League Ignite is an audition for an NBA team. The association’s current television rights deal has three years left on it, making expansion prior to that expiration unlikely and difficult.

Additionally, not only is the infrastructure in the works to support an NBA franchise, Las Vegas has already proven itself to be a credible home city for major pro sports teams. That’s as evidenced by the popularity of the Golden Knights and Raiders.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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  • SW
    Steven Woolf July 6, 2022
    If you can't get an expansion team, there is always the "Robert Irsay" method. Seattle will no doubt try to do something like that!
    Reply

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