Mark Davis Mum on NBA Expansion, But Sees Allure of Las Vegas

The Las Vegas Aces owner discusses the growth of women's sports and his interest in the NBA's expansion plans.

Apr. 1, 2026 at 6:35pm

Mark Davis, the owner of the Las Vegas Aces WNBA team, has remained tight-lipped about his potential interest in an NBA expansion team in Las Vegas. However, he acknowledges the city's growing appeal as a basketball market, citing the success of the Aces and the NBA's increasing presence through events like Summer League. While Davis won't comment directly on NBA expansion, he has seen the value of his Aces franchise skyrocket since purchasing it a few years ago, and he continues to field interest from investors eager to get involved with the team.

Why it matters

Mark Davis' ownership of the successful Las Vegas Aces provides him with a unique perspective on the growth of women's sports and the potential for the NBA to expand into the Las Vegas market. His comments suggest that he sees the allure of the city for the league, even if he is not ready to publicly discuss his own interest in an expansion team.

The details

Davis purchased the Aces in 2023 for around $2 million, and the team's value has since grown to over $300 million according to Forbes. Davis says he is constantly approached by investors interested in getting involved with the Aces, but he is selective about adding new stakeholders, prioritizing finding the 'right people' over maximizing the team's value. He has brought in high-profile figures like Tom Brady as minority owners, but says there are no immediate plans for additional ownership changes.

  • In March 2026, the NBA Board of Governors unanimously voted to officially explore expansion, targeting Las Vegas and Seattle as the premier markets.
  • The Las Vegas Aces have sold out their home games for the past three seasons, setting a WNBA record.

The players

Mark Davis

The majority owner of the Las Vegas Aces WNBA team and the Las Vegas Raiders NFL team.

Tom Brady

A minority owner of the Las Vegas Aces.

Larry Delsen

A long-time friend and financial advisor of Mark Davis, and part of the Aces ownership group.

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What they’re saying

“'I never said that. I just said I won't comment.'”

— Mark Davis, Aces and Raiders Owner

“'The history of basketball in Las Vegas, really, for me, started with the Running Rebels and Jerry Tarkanian and winning that championship that year (1990). Living up in the Bay Area at the time, my eyes were focused on Las Vegas and what they accomplished.'”

— Mark Davis, Aces and Raiders Owner

“'With the Summer League and everything else being here, the NBA has also built a foundation here. And of course, the Las Vegas Aces. I think we just sold out for the third season in a row, which is a record for the league.'”

— Mark Davis, Aces and Raiders Owner

What’s next

The NBA is expected to make a decision on expansion in the next 12-18 months, with Las Vegas and Seattle as the leading contenders for new franchises.

The takeaway

Mark Davis' ownership of the successful Las Vegas Aces provides him with a unique perspective on the growth of women's sports and the potential for the NBA to expand into the Las Vegas market. While he remains tight-lipped about his own interest in an NBA expansion team, his comments suggest that he sees the city as an attractive option for the league.