Kenny Smith joins Marc Lasry group bidding for Las Vegas NBA expansion franchise

An ownership group led by former Milwaukee Bucks co-owner Marc Lasry and Canadian billionaire Steve Apostolopoulos remains active in the bidding for a Las Vegas NBA expansion franchise, according to a report from Chris Haynes. Television personality Kenny Smith is also part of the group and has reportedly secured 20 percent of the bid. The report does not specify the total valuation of the bid or a timeline for a league decision.

Kenny Smith from "Inside The NBA" is part of the ownership group and has raised 20 percent of the bid.
From Yahoo Sports

Why it matters

For brands: Companies evaluating sponsorship or partnership opportunities in Las Vegas should monitor which ownership group ultimately secures the franchise.

For media: Smith's involvement signals that prominent media figures are pursuing ownership stakes in potential NBA expansion markets.

Read the full story at Yahoo Sports

Sources

Yahoo Sports: Kenny Smith part of Marc Lasry ownership group bidding for Las Vegas expansion franchise

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