Let’s hear it for New York, New York, New Yo-o-o-ork! (Jennifer Pottheiser/NBAE/Getty Images)

The NBA is moving the draft lottery to New York, according to multiple league sources. Since 1994, the NBA has held the draft order drawing for the teams that failed to make the postseason at its studios in Secaucus, N.J. But the league laid off more than 100 employees and shut down one of its two offices in Secaucus last summer, creating an opening for a new venue.

The lottery will be held on May 30 and the location in New York will be announced in the next few weeks.

The Wizards (12-41) will be heading to the lottery for the fourth consecutive season. They made the trip to Secaucus in 12 of the past 17 years, winning the No. 1 overall pick in 2001 (Kwame Brown) and 2010 (John Wall).

Kentucky big man Anthony Davis, the most outstanding player in the NCAA tournament, is expected to be the top overall pick in the draft, which will be held on June 28 at Prudential Center in Newark, N.J.