Sale of the Las Vegas Aces from MGM Resorts International to Mark Davis approved
The WNBA and NBA Board of Governors unanimously approved the sale of the Las Vegas Aces from MGM Resorts International to Mark Davis. The franchise announced that the team would have a new owner on January 14.
“On behalf of the WNBA, I am pleased to welcome Las Vegas Raiders Owner Mark Davis to the WNBA family at a time when the momentum for the league has never been higher,” WNBA Commissioner Cathy Engelbert said. “We are confident that Mark’s business successes, franchise and brand expertise, and passion for supporting women’s basketball will take the team to even greater heights. We are extremely grateful to MGM International Resorts for their tremendous franchise leadership over the past few years, and we look forward to their continued support of the Aces in the Las Vegas community.”
Davis is also the principal owner of the NFL’s Las Vegas Raiders.
“I’d like to thank WNBA Commissioner Cathy Engelbert, NBA Commissioner Adam Silver, and the WNBA and NBA Board of Governors for their unanimous vote of confidence in accepting me as the owner of the Las Vegas franchise of the WNBA,” Davis said. “I’d also like to thank the leadership of MGM, Jim Murren and Bill Hornbuckle for having the foresight to bring the WNBA to Las Vegas and building the Aces into a first-class organization in such a short period of time. We look forward to the opportunities ahead.”