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NBA close to picking new $12-13bn Vegas team owners: report

Photo: Yahoo Sports

What happened

The NBA will choose owners for a new Las Vegas team "in the very near future," with a whopping $12-13 billion price tag for the franchise rights plus the cost of a new arena, ESPN reported Tuesday.But the city -- which boasts the NFL Raiders franchise and will soon welcome an MLB side -- has never had its own NBA team.

Summary assembled by rule from the sources below

Sources