Vegas Golden Knights proprietor Bill Foley has officially launched a bid to bring an NBA enlargement squad to Las Vegas, helium announced Monday.
Foley has hired Morgan Stanley & Co. to beryllium his exclusive fiscal advisor arsenic helium looks to physique an ownership radical astir his existing Southern Nevada sports holdings, helium said successful a connection released by caller merchandise by the Golden Knights, his highly palmy NHL team.
Foley has besides hired Simpson Thacher and Bartlett arsenic his ineligible counsel that volition assistance successful his NBA enlargement bid.
“Las Vegas has earned its spot among the large sports cities successful America, and an NBA squad belongs here,” Foley said successful the statement. “We built the Golden Knights into a title enactment from the crushed up, and we are prepared to bash it again – with the aforesaid standard, the aforesaid committedness to this community, and the aforesaid insistence connected winning.
“We person the market, a proven world-class arena, and a best-in-class enactment successful place. Our volition is to beryllium acceptable the time the NBA is ready.”
The NBA announced successful March that they were formally exploring enlargement and that Las Vegas and Seattle were the 2 markets they were reviewing for imaginable teams.
This is simply a processing story. Check backmost for updates.
Contact Mick Akers astatine makers@reviewjournal.com oregon 702-387-2920. Follow @mickakers connected X.
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