The F1 track as it nears the Sphere. Photo credit: Hugh Byrne/LVSportsBiz.com

LVCVA Board Approves Six-Figure Sponsorship Deals For NHL, UFC, Mountain West Conference Basketball Tourney Events During Today’s Meeting

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By Alan Snel, LVSportsBiz.com Publisher-Writer 

Las Vegas’ public tourism agency board gave the green light to three sports-related sponsorship deals at it monthly board meeting this morning.

The biggest sponsorship cost for the Las Vegas Convention and Visitors Authority (LVCVA) is $500,000 for the National Hockey League, which is holding its annual draft event at The Sphere Las Vegas June 28 and 29. The NHL Draft will be the first sports event held at The Sphere, which opened in 2023. UFC is planning a fight show event later this year.

The Las Vegas Events organization is sponsoring the Mountain West Conference college basketball tournament at Thomas & Mack Center for $300,000. Las Vegas Events, a non-profit events arm of the LVCVA, is also spending $500,000 to sponsor the Pac-12 hoops tourney at T-Mobile Arena and $300,000 for the West Coast Conference championships at Orleans Arena.

The LVCVA board also approved a $250,000 sponsorship to Las Vegas-based UFC for its annual International Fight Week event in June.

The three sponsorship deals totaled $1,050,000

The LVCVA board meets the second Tuesday of each month at its board meeting room at 3150 Paradise Road.


 

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.