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Cities NBA expand·closes in 16mo

Will Las Vegas receive a Pro Basketball expansion team before Jan 1, 2028?

YES means Las Vegas

24h volume
0
10.1k lifetime
Open interest
3,927
Spread
20¢
5 × 100 at the touch
24h range
–
14 recent trades
Chance of YES
80%

A YES contract costs 97¢ and pays $1 if it happens.

NO
20%

costs 23¢

YES bid / ask
77¢ / 97¢
NO bid / ask
3¢ / 23¢
Recent buying99% YES · 1% NO
What Galdor thinks

An independent read of this market

1Reads the rules literallySettlement source, close time, and the edge cases that flip an outcome.
2Checks the tape and the webOrder book, flow, price history, then targeted searches with sources.
3Gives a straight answerA probability with a band, and one of four calls: YES, NO, wait, or stay out.

Generated by an AI analyst from live exchange data and public web sources. Research and analytics, not investment advice. Markets can move after this was written.

Price history

YES price per candle with the bid/ask band, volume underneath. Times in UTC.

24h7d30d90d
Not enough history to chart.

Order book

Resting orders, both sides shown as YES prices. Bars are size.

Yes ask (no bid)SizeYes
  • ask30099¢
  • ask1,02598¢
  • ask10097¢
spread20¢mid 87¢
  • bid577¢
  • bid1,72376¢
  • bid9061¢
  • bid2,43519¢
  • bid255¢
  • bid512¢
  • bid3001¢
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If Pro Basketball officially announces the award of an expansion team franchise to Las Vegas 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.

Settlement sources
opened
Feb 10 · 3:00 PM UTC
closes
Jan 1, 2028 · 4:59 AM UTC · may close early
settles by
Jan 1, 2028 · 3:00 PM UTC
ticker
KXCITYNBAEXPAND-28JAN01-LV
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 14 trades, 99% of contracts were bought on the YES side.

WhenYESContractsSide
3d ago80¢5bought no
3d ago93¢5bought yes
6d ago82¢0.77bought yes
6d ago88¢195bought yes
6d ago81¢100bought yes
22d ago81¢0.32bought yes
24d ago82¢60bought yes
24d ago81¢100bought yes
1mo ago79¢1.24bought yes
2mo ago78¢42bought yes
2mo ago77¢51bought yes
2mo ago76¢0.32bought yes
2mo ago77¢25bought yes
2mo ago76¢10bought yes

Prices are YES cost in cents and approximate the market’s implied probability. Data is read live from the Kalshi Trade API on every page load. galdor.xyz places no orders and holds no positions. Research and analytics, not investment advice.