Multiple outlets report that former Disney CEO Bob Iger and Joshua Kushner, a founder of Thrive Capital, are among those exploring a bid for the NBA’s planned expansion team in Las Vegas. According to Bloomberg, the two have discussed pursuing the franchise and have hired investment bankers as part of the process, citing sources familiar with the discussions. The reports also describe a growing field of potential bidders as interest in the Las Vegas market increases.
Earlier this year, the NBA’s Board of Governors voted in March to formally study expansion for both Las Vegas and Seattle, setting the stage for the league to consider awarding additional franchises. Bloomberg notes that the timing of any decision could come from NBA Commissioner Adam Silver, while broader industry factors—including how private equity and investment structures might influence ownership economics—are also part of the context for potential bidders.
The various reports present the discussions as exploratory and tied to the league’s expansion review, with no confirmed ownership group or final award announced yet.
