Hellmuth mentioned a possible name during a recent episode of No Gamble, No Future
During a recent livestream of the popular show No Gamble, No Future on PokerGO, Phil Hellmuth shared intriguing details regarding the future of professional basketball in Nevada. Hellmuth was competing in a high-stakes game with a $100/$200 blinds structure alongside other famous professionals when he mentioned the potential branding for an expansion franchise.
According to the 17-time tournament champion, an investment group he is supporting intends to name the team the Las Vegas Stealth if their bid proves successful. This revelation comes as the league explores adding teams in both Las Vegas and Seattle following a formal approval process by current owners earlier this year.
Hellmuth specifically identified his associate, Jared Kahn, as a primary figure in the bidding group looking to secure the franchise. The poker icon indicated that he intends to assist Kahn in winning the rights to the team, which would join a rapidly growing sports market that already features the Raiders and the Golden Knights.
While official ownership and locations remain unconfirmed, Hellmuth suggested that the proposed arena site would be visible from his own residence on the Strip. This development adds a new layer of excitement to the expansion conversation, which has already attracted interest from other high-profile figures like Magic Johnson and Bill Foley.
The financial stakes for such a venture are incredibly high, with estimated valuations for the new franchise landing between $7 billion and $10 billion. Las Vegas has established itself as a premier destination for major league sports over the last decade and the addition of an NBA team would complete the city’s representation across all major American sports leagues.
Although the league has not made a final decision on the nickname or ownership group, the comments from Hellmuth have sparked significant discussion among fans and investors. The poker community and sports enthusiasts alike are now watching closely to see if the Stealth nickname becomes a permanent fixture in the professional basketball landscape.