Las Vegas NBA Expansion Bid: Lasry and Apostolopoulos Group Withdraws

• The NBA expansion bid group led by Marc Lasry and Steve Apostolopoulos has withdrawn from the Las Vegas franchise bid.
• Kenny Smith, from 'Inside The NBA', was part of the ownership group and had raised 20 percent of the bid.
• The bid process is now down to one group, according to a Sports Business Journal report.
• The Las Vegas-Review Journal reported on the withdrawal of the Lasry and Apostolopoulos group.
• The group's exit leaves the future of the Las Vegas franchise bid uncertain.