The Los Angeles Lakers ' LeBron James is not part of any group bidding for an NBA expansion team in Las Vegas. The rumors arose after James' Fenway Sports Group was initially reported to be considering a bid for the Las Vegas expansion team. The city, alongside Seattle, has emerged as a prime candidate for one of the two new NBA franchises. However, with FSG ruling out the expansion which is reportedly set to cost as high as $8 billion per team, James has publicly stated that he is not part of any group bidding for the Las Vegas team, per a post on X by ESPN's Tim MacMahon. "No, I'm not. Not at all," James said. LeBron, who is known to have a net worth of over $1.4 billion, will undoubtedly need a team of investors in order to take charge of an NBA franchise. However, with FSG reportedly backing down, it is now considered "less likely" that LeBron will pursue franchise ownership. Regardless, as things stand, the NBA's board of governors ...