Raiders Owner Mark Davis Is Set to Buy W.N.B.A.’s Las Vegas Aces


Mark Davis has agreed to purchase the Las Vegas Aces of the W.N.B.A. from MGM Resorts International, a transfer which will elevate the visibility of the group, which arrived within the metropolis three years in the past. Davis can also be the proprietor of the N.F.L.’s Raiders, who simply completed their first season in Las Vegas after relocating from Oakland.

The phrases of the deal weren’t introduced by the 2 sides, and the transaction have to be reviewed by the W.N.B.A. and authorized by the league’s board of governors, a course of that would take weeks.

The Aces, led by A’ja Wilson, the league’s reigning most dear participant, misplaced to the Seattle Storm within the 2020 W.N.B.A. finals, which have been contested in a bubble setting in Bradenton, Fla.

Davis is an Aces season-ticket holder and has usually sat courtside at house video games at Mandalay Bay Events Center, which is owned by MGM, for the reason that group arrived in Las Vegas in 2018. On a convention name with gamers Thursday, Davis gave out his cellphone quantity and mentioned he needed to hear their concepts for the way to finest design a coaching facility, in accordance to Jim Murren, the previous chief government of MGM Resorts International.

“He’s passionate, he’s going to invest in the team, practice facilities, training facilities and propel the team further,” Murren mentioned.

The Aces, who’re coached by the previous N.B.A. star Bill Laimbeer, arrived in Las Vegas after MGM purchased the group in 2017 and moved it from San Antonio, the place the group had performed since 2003 because the Silver Stars and the Stars.

A spokesman for the group declined to say how a lot MGM had paid for the franchise. Murren mentioned that W.N.B.A group transactions usually embody a mixture of money and a notice, the worth of which is predicated on numerous efficiency metrics.

Calls to Davis’s spokesman with the Raiders weren’t returned.

In an announcement, George Kliavkoff, the president of Entertainment and Sports at MGM Resorts International, mentioned that “Mark is a longtime champion of women’s basketball, and we believe he is the right person to lead the Aces into a new era.”

Davis seems to be the primary N.F.L. proprietor to purchase a serious stake within the W.N.B.A. Several different groups share a principal proprietor with the N.B.A. group of their market, together with the Liberty with the Brooklyn Nets, and the Minnesota Lynx with the Timberwolves.



Source link Nytimes.com

Leave a Reply

Your email address will not be published. Required fields are marked *