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  1. Las Vegas group "under contract" to buy NBA team if it builds arena

    Jul 14, 2010, 1:20 PM EDT

    Las Vegas might be home to more than the NBA Summer League soon. International Development Management LLC, has a deal to buy an NBA team if they can get an arena built in the city, Chris Milam, CEO of the group, told the Las Vegas Sun. “We have an NBA team under contract,” Milam said,…

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