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NBA reportedly close to selecting winning bid for Las Vegas expansion team, has 3 finalist groups

The National Basketball Association is nearing a final decision regarding ownership for a new franchise in Las Vegas, with an expected valuation of at least twelve billion dollars. Three competing consortiums remain in contention for the franchise, featuring prominent investors such as Nancy Walton Laurie, Bill Laurie, Steve Apostolopoulos, Marc Lasry, Bill Foley, and Jerry Colangelo.

Meanwhile, plans for a returning franchise in Seattle remain uncertain.

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