Is NBA dragging its feet on expansion to spur arena deals?

NBA commissioner Adam Silver has voiced many reasons to delay expansion for the past few years. But the unspoken reason may be a simple one: leverage for new arenas.

Two years ago, Silver told TNT that expansion had to wait until the league secured its new TV rights deal, which was finalized last July. But this summer, Silver said that expansion can't happen until the league resolves its issues with regional sports networks and local cable broadcasts.

But one big reason that the NBA wants to wait are a number of unresolved arena situations. The New Orleans Pelicans' home arena, the Smoothie King Center, opened in 1999 and the team moved before the 2002-03 season. It's had minimal renovations since then , and the team's lease on the building only runs through 2029.

In Minnesota, the Timberwolves play in the Target Center, an arena that opened in 1990, making it the NBA's second-oldest arena behind Madison Square Garden. It's had extensive renovations in 2004 and 2017, and the team's lease runs through 2035. New owners Marc Lore and Alex Rodriguez have called building a new arena a "necessity" while the Minnesota Wild are pushing for extensive upgrades to their own arena.

The Portland Trail Blazers' Moda Center opened in 1995, and Silver told reporters in July that Portland "needs a new arena." Their situation is unique in that the city owns the Moda Center, and the team has a new owner, Tom Condon.

While Seattle and Las Vegas have long been rumored as likely expansion cities, the NBA may think they're more valuable now as relocation threats, specifically for the Pelicans, who have ranked 24th, 27th, 25th and 24th in attendance the last four seasons. They also play in the NBA's second-smallest TV market, behind the Memphis Grizzlies.

Not only could the Pelicans move, but owners could pocket a relocation fee. There's nothing to stop the NBA from expanding after the arena uncertainty is resolved and a team moves to Seattle or Vegas, perhaps choosing another location like Vancouver or Mexico City — then sharing massive expansion fees.

The NBA is loaded with talent and ripe for expansion. But don't expect it to happen until the NBA tries to extort its existing cities for arena money.