Verbatim from the venue. The analyst must quote these, never paraphrase.
If Pro Basketball officially announces the award of an expansion team franchise to Seattle before Jan 1, 2028, then the market resolves to Yes.
The league must officially announce that the city has been awarded an expansion franchise. This requires formal approval by the league's Board of Governors or equivalent governing body specifically naming the city. Preliminary discussions, stadium approvals without franchise awards, feasibility studies, or being named as a potential market do not qualify. Franchise relocations only count if specifically designated as "expansion" by the league. The announcement must come after market issuance. Even if the team won't begin play until after the target date, the market resolves Yes upon the official award announcement. Awards to nearby cities in the same region only count if they specifically include the named city or its metropolitan area.
Kalshi is not affiliated, associated, authorized, endorsed by, or in any way officially connected with the Governing League. All trademarks, logos, and brand names are the property of their respective owners.
early_close_conditionThis market will close and expire early if the league officially announces an expansion team for the city.
event_tickerKXCITYNBAEXPAND-28JAN01
exchange_index0
expected_expiration_time2028-01-01T15:00:00Z
expiration_time2028-01-08T15:00:00Z
expiration_value
last_price_dollars0.7800
latest_expiration_time2028-01-08T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.2400
no_bid_dollars0.0800
no_sub_titleSeattle
notional_value_dollars1.0000
open_interest_fp3000.03
open_time2026-02-10T15:00:00Z
previous_price_dollars0.7800
previous_yes_ask_dollars0.9300
previous_yes_bid_dollars0.7500
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf Pro Basketball officially announces the award of an expansion team franchise to Seattle before Jan 1, 2028, then the market resolves to Yes.
rules_secondaryThe league must officially announce that the city has been awarded an expansion franchise. This requires formal approval by the league's Board of Governors or equivalent governing body specifically naming the city. Preliminary discussions, stadium approvals without franchise awards, feasibility studies, or being named as a potential market do not qualify. Franchise relocations only count if specifically designated as "expansion" by the league. The announcement must come after market issuance. Even if the team won't begin play until after the target date, the market resolves Yes upon the official award announcement. Awards to nearby cities in the same region only count if they specifically include the named city or its metropolitan area.
Kalshi is not affiliated, associated, authorized, endorsed by, or in any way officially connected with the Governing League. All trademarks, logos, and brand names are the property of their respective owners.
settlement_timer_seconds1800
statusactive
strike_typecustom
tickerKXCITYNBAEXPAND-28JAN01-SEA
titleWill Seattle receive a Pro Basketball expansion team before Jan 1, 2028?