Golden Knights Owner Bill Foley Creates Entertainment Company To Book Acts At New Henderson Arena
By Alan Snel of LVSportsBiz.com
Vegas Golden Knights owner Bill Foley said he has created an entertainment company to book acts and seek programming for the new $84 million 6,000-seat arena being built in Henderson at the site of the old Henderson Pavilion.
Foley shared the news with LVSportsBiz.com after he and others held a presser to announce that Foley and Dollar Loan Center CEO Chuck Brennan have purchased an indoor football league team to play at the Dollar Loan Center arena being built at Green Valley Parkway and Paseo Verde Parkway in the heart of the Henderson Green Valley area. This arena will host the Henderson Silver Knights, the Vegas Golden Knights’ affiliate that Foley bought and rebranded, too. The new arena opens in spring 2022.
Here’s Foley in his own words:
Foley, who once told me he’s a habitual dealmaker, said of the entertainment company, “It’s been formed. We’re talking to concert managers. (Golden Knights president) Kerry (Bubolz) has a lot of ideas and so does Chuck (Brennan).”
The new arena is being subsidized to the tune of $42 million by the city of Henderson. Foley is matching the city’s $42 million to build the $84 million venue.
Foley’s move is part of trend of sports teams creating entertainment arms to book acts and programming for venues they control. The latest was in Nashville where the NHL Nashville Predators just created Sabertooth Sports & Entertainment.
Foley is a key source of all types of information. He mentioned that if Colorado beats out Vegas for first place in the NHL West Division and the Knights end up playing the Minnesota Wild in the first round, the VGK’s first game against Minnesota would be Sunday at T-Mobile Arena and game 2 would be Tuesday.
