The Las Vegas sports scene has rapidly expanded over the last decade. Since 2016, fans have proudly embraced the growth, from cheering on the Golden Knights and Aces, to filling the stands of new venues like Allegiant Stadium.
The NBA is also looking at expanding its reaches to Las Vegas, and numerous groups have already shown interest.
The business group backing the Jacks is led by notable figures like Hall of Famer and Phoenix Suns owner Jerry Colangelo, alongside former NBA player and coach Vinny Del Negro. Among their stated goals is building “the most impressive state of the art basketball arena in the world,” according to finance chairman Scott Colangelo.
The group is the second to formally announce a bid for the franchise. Golden Knights owner Bill Foley placed his bid for the team last month.
There's currently no official timeline for when a Las Vegas based team might take the court. However, the group says a Vegas team could start playing once construction on an arena begins.
