MGM Resorts has sold the Las Vegas Aces to Raiders owner Mark Davis.
In case you aren’t a sportball person, the Las Vegas Aces are a WNBA (Women’s National Basketball Association) team.
The WNBA is almost like real sports, just with far fewer people in attendance.
We mainly know of the Aces because we broke the story that would be their name when they came to Las Vegas. Simpler times.
Although no financial details have been disclosed, we have to believe the sale of the Aces involved upwards of dozens of dollars.
In a news release, MGM President of Entertainment & Sports George Kliavkoff said, “We can confirm we have entered into an agreement to sell the Las Vegas Aces to Mark Davis and are awaiting approval from the WNBA Board of Governors. 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. We will continue our enthusiastic support of the WNBA, NBA and basketball in Las Vegas.”
Translation: MGM Resorts can’t afford any loss leaders moving forward.
Here’s where things get interesting, though.
It’s always been assumed MGM Resorts’ ownership of the Las Vegas Aces gave them a leg up for an NBA expansion team.
It’s also always been assumed that NBA team would play in T-Mobile Arena.
Now, all those assumptions are out the lanai doors.
Yes, Las Vegas is getting an NBA expansion team. We put it on our list of 2021 predictions, so it has to be true. We also told you it was happening in a Tweet back in 2018.
Allegiant Stadium can host basketball as well as football, so this leads to some intriguing permutations down the road.
Mark Davis said he’ll share more when he’s received official approval of the sale from the WNBA Board of Governors, and when he’s had a chance to speak with the team.
One big upside of the purchase of a woman’s basketball team is no way in hell women let Mark Davis keep his current haircut. Everybody wins.
There’s more to come, and we’ll leave the sports coverage to those who actually know what they’re talking about.
It feels like 2021 is going to be as weird as 2020, so keep those aforementioned loins girded.