The Utah Jazz have acquired the Idaho Stampede, becoming the eighth NBA team to fully own and operate its own NBA D-League team. The Stampede has also signed a one-year contract extension with the downtown arena and will continue to play in Boise, Idaho, for the 2015-16 NBA D-League season. Per team policy, financial terms were not released.
“Our purchase of an NBA D-League team reflects the value we place on having an exclusive affiliate for player development and building the scope of our basketball operations to support the Jazz,” said Randy Rigby, Jazz president. “It is a tremendous commitment from the Miller family to make this acquisition that will contribute to our pursuit of becoming a championship-caliber team.”
The Jazz is the eighth NBA team to own an NBA D-League franchise, joining the Cleveland Cavaliers (Canton Charge), Golden State Warriors (Santa Cruz Warriors), Los Angeles Lakers (L.A. D-Fenders), New York Knicks (Westchester Knicks), Oklahoma City Thunder (Oklahoma City Blue), Philadelphia 76ers (Delaware 87ers) and San Antonio Spurs (Austin Spurs).