Golden Knights owner Bill Foley. Photo: J. Tyge O'Donnell/LVSportsBiz.com

Foley Inc.: Vegas Golden Knights Owner Creates LLC To Oversee His Entertainment Properties

July 1, 2021 Alan Snel Bill Foley, Kerry Bubolz, Randy Morton

From LVSportsBiz.com:

Vegas Golden Knights majority owner Bill Foley has a new official business organization to oversee his portfolio of entertainment properties and businesses.

It’s Foley Entertainment Group LLC, which manages the Vegas Golden Knights, Henderson Silver Knights, Vegas Indoor Football Team, City National Arena, Lifeguard Arena, the Dollar Loan Center, the Vegas Golden Knights Foundation, Hotel Le Mars and Chalkboard Restaurant in Healdsburg, California, a 5-star hotel under contract in Santa Barbara, Whitefish Mountain in Whitefish, Montana, a number of other assets and any future acquisitions.

Foley will be chairman of the Foley Entertainment Group with Golden Knights President and Chief Operating Officer Kerry Bubolz serving as Co-CEO alongside Randy Morton.

We reported in May that Foley was going to create an umbrella group to oversee his entertainment properties.

Alan Snel

Alan Snel brings decades of sports-business reporting experience to LVSportsBiz.com. Snel covered the business side of sports for the South Florida (Fort Lauderdale) Sun-Sentinel, the Tampa Tribune and Las Vegas Review-Journal. As a city hall beat reporter, Snel also covered stadium deals in Denver and Seattle. In 2000, Snel launched a sport-business website for FoxSports.com called FoxSportsBiz.com. After reporting sports-business for the RJ, Snel wrote hard-hitting stories on the Raiders stadium for the Desert Companion magazine in Las Vegas and The Nevada Independent. Snel is also one of the top bicycle advocates in the country.

July 5, 2021

LVSPORTSBIZ.COM, launched June 2017: We are a digital magazine providing market-leading news, intelligence, enterprise and breaking info on Las Vegas’ sports/stadium industry. Our stories are quoted nationally and we set the sportsbiz news agenda in Las Vegas. Publisher Alan Snel has reported on the business of sports and stadiums in Denver, South Florida, Seattle and Tampa besides Las Vegas and is considered a national authority on the topic.

ADVERTISEMENT: Please shop at Jay’s Market at 190 East Flamingo at the Koval Lane intersection east of the Strip. Jay’s Market is the official presenting sponsor of LVSportBiz.com’s stories.

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Vegas Golden Knights said the NHL club has signed defenseman Shea Theodore to a seven-year contract extension worth an average annual value of $7,425,000.

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To contact LVSportsBiz.com Publisher Alan Snel or buy his book, Bicycle Man: Life of Journeys, email him at asnel@LVSportsBiz.com

LVSportsBiz number for 2024: $1,178,161,041. That’s the amount of debt Las Vegas (actually, Clark County) owes for its public share of building the Raiders’ Allegiant Stadium.