If the NBA expands to Seattle, the ownership group of the NHL's Seattle Kraken is a leading contender to secure the new franchise, according to Bloomberg. The Kraken are owned by David Bonderman, a founding partner of TPG Capital, and his daughter Samantha Holloway.
Climate Pledge Arena, home to the Kraken, is considered NBA-ready should a franchise be awarded. The arena will host its third consecutive preseason game this October, showcasing its suitability for basketball.