Las Vegas has become a magnet for major league sports franchises since the arrival of the National Hockey League’s Golden Knights in 2017 and the National Football League’s Raiders in 2020.
Whether launching an expansion team like the Las Vegas Golden Knights or a moving team like the Raiders leaving Oakland, Las Vegas is the top destination for billionaire celebrities looking for an expansion team. potential from the National Basketball Association or owners of teams like the Oakland A’s looking to move a Major League Baseball team.
Billionaire superstar athletes LeBron James of the NBA’s Los Angeles Lakers and champion boxer Floyd Mayweather, who held five concurrent boxing titles, both said in June that they were interested in owning an NBA team in Las Vegas.
“I want to own a team… Yeah, I want to buy a team for sure. I’d rather own a team before I speak. I want to own a team in Vegas. I want the team in Vegas,” James recently said. . in a preview of his HBO series “The Shop.”
Mayweather, who lives in Las Vegas, said he’s “talked to some people” about owning an NBA team, the Las Vegas Review-Journal reported.
“I’ve spoken to some people over the past six months,” Mayweather said June 13 at the M Resort Spa Casino after announcing an exhibition bout against Japanese mixed martial artist Mikuru Asakura. “It’s something I’ve been working on behind the scenes, but I’ve never spoken about it publicly with the media.
“Me and my team have been working behind the scenes with the NBA. I can’t say exactly where, but I’m working on finding a team,” Mayweather said, according to the Review-Journal.
What are the NBA’s chances of coming to Las Vegas?
NBA commissioner Adam Silver, however, said league expansion won’t happen in the near future, but Las Vegas is on a short list of possible locations whenever the league considers expansion, according to The Spun.
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The Oakland A’s, however, are increasingly serious about a possible relocation to Las Vegas. And that decision may become clearer on June 30 when the Bay Conservation and Development Commission votes on whether to formally remove the harbor use designation at the 56-acre Howard Terminal site near Jack London Square in Oakland, where the A’s are looking to build a $12 billion co-ed complex. -use development which includes an approximate $1 billion stadium.
If the commission votes against removing the port’s use designation, the mixed-use development and ballpark are pretty much dead and the A’s will likely look to moving to Las Vegas.
But even if the BCDC votes to remove the use designation from the port, the process to get a new stadium is far from over. The Oakland City Council plans to discuss July 5 a possible non-binding public referendum vote on the Howard Terminal project in the November ballot. Such a vote would give the city council direction on the proposed project and likely lengthen the approval process until 2023, which Oakland A President Dave Kaval opposes, the Review-Journal reported on June 17.
Major League side studying two potential venues
Due to all the uncertainty surrounding Oakland’s proposed project, the A’s remain very active in securing a Las Vegas ballpark deal on home plate. Kaval said on June 17 that he had made several trips to Sin City over the past two weeks as part of the process of choosing between two potential sites for a baseball stadium, the Review-Journal reported.
“There has been great progress on this every week; we’ve been in and out of Vegas every week for the past two weeks,” Kaval said. “The momentum is building.
“We do a lot of design work, final feasibility, traffic, parking and all that kind of stuff,” Kaval said in the Review-Journal report.
The A’s chairman said he did not know when the announcement of the chosen stadium site would be made, but he wanted all aspects of the stadium plan to be in place at the time of his announcement.
The A’s considered building a ballpark in partnership with a casino operator, but not necessarily Caesars Entertainment (CZR) – Get the report from Caesars Entertainment Inc. or MGM Resorts International (MGM) – Get MGM Resorts International Reporton a site occupied by the Tropicana Las Vegas casino on the Las Vegas Strip, which is owned by Gaming and Leisure Properties (GLPI) – Get the report from Gaming and Leisure Properties Inc.. It also plans to build a stadium alone or in a private/public partnership on land on or near the Strip.