Quote:
Originally Posted by 'Hamas' Jenkins
Each expansion fee will be north of a billion dollars, maybe even two billion. That's a straight check to each owner. If they expand by eight teams, then each owner will get somewhere between 250-500 million.
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I think the expansion fee would be way higher than that, like at least $5 billion. There was talk that the NBA expansion fee would be $2.5 billion, and Adam Silver came out publicly and said that was way too low. The rumor is they're looking for $5-$6 billion per team.
I think the issue is the expansion fee almost has to be an overpay, because you have to incentivize the other owners to give up a share of media revenue. I heard Mark Cuban on a podcast say he was against expansion for that reason, that he just saw it as a loan they'd never stop paying back.
The only way I could see it being less is if it was part of a big move into Europe, like putting 8 teams in Europe at the same time.