Sources: NBA reviewing finalists' bids for Vegas team in $12-13B range

The NBA is reviewing bids from three finalist groups to become the owner of a new Las Vegas expansion team, with valuations in the $12–13 billion range. The three finalist groups are: Nancy Walton Laurie and Bill Laurie; Steve Apostolopoulos and Marc Lasry; and Bill Foley and Jerry Colangelo. The league is expected to select a winning bid from among these groups.