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By Alan Snel, LVSportsBiz.com Publisher-Writer
LAS VEGAS, Nevada — The news that the NBA is expected later this year to award an expansion team to Las Vegas (and Seattle) is hardly earth-shattering news.
In fact, it feels rather anticlimactic.
But the notion of an NBA team in this market does place the spotlight on T-Mobile Arena, which might be pressed into action as the first home for any potential NBA team. The arena, celebrating a decade of venue service in April, was built by Las Vegas-based MGM Resorts International and Los Angeles-based Anschutz Entertainment Group (AEG). The arena was built for $375 million.
Vegas Golden Knights owner Bill Foley bought a 15 percent share of the arena.
And Foley said 14 months ago he’s ready to invest $300 million into updating the arena to accommodate any NBA team.
Foley has said that he learned his lesson from NHL Commissioner Gary Bettman about speaking too early about a major league team in the Las Vegas market, so he has not said a word about the NBA having a team in Las Vegas and playing at T-Mobile Arena.
But if the NBA owners and commissioner Adam Silver make the announcement this year, Foley will be ready.
Las Vegas-based LVXP has floated a plan to build a development that could include an arena on the north end of the Strip.
And arena developer Oak View Group has ditched its its proposed location for an arena at Las Vegas Boulevard and Blue Diamond Road. Oak View Group has not released any other information about its arena proposal.
Lakers superstar LeBron James has voiced his support for being part of an ownership group of an NBA team in Las Vegas.
The NBA Summer League is in Las Vegas at Thomas and Mack Center on the UNLV campus from July 9-19.
CABDA, the bicycle industry trade show in the U. S., has partnered with Forgotten Not Gone as its official community service organization for their upcoming Las Vegas trade show March 18 & 19. Together they plan to launch Operation: Back On The Road, an initiative supporting the Veteran Trike Brigade, an adaptive cycling program that provides peer support and outdoor recreation opportunities for veterans in Southern Nevada.
Through this partnership, CABDA West attendees, exhibitors, and industry partners are invited to participate by contributing financial support, donating products or services, or assisting with hands-on maintenance and repairs of adaptive electric trikes used regularly by veterans.
“CABDA is proud to support a project that brings together the bicycle industry and provides a real and meaningful community impact,” said CABDA Show Director Jim Kersten. “This initiative gives our participants a practical way to use their skills to support veterans while showcasing the industry’s commitment to service.”
The Veteran Trike Brigade operates a fleet of adaptive recumbent and electric trikes used weekly by veterans dealing with isolation, depression, PTSD, chronic pain, and mobility challenges. Maintaining the safety and reliability of this equipment is essential to keeping the program operational.
“Our adaptive trike fleet is not recreational — it’s mission-critical,” said Peter Guidry, Chief Visionary Officer and Co-Founder of Forgotten Not Gone. “This collaboration with CABDA helps ensure the equipment remains safe, visible, and available to the veterans who rely on it for connection and mental well-being.”
UNLV Athletics were on the seat last year when the department reported a budget deficit of nearly $21 million.
But things are looking up for UNLV sports this year when Athletics reported a $2.5 million surplus.
PSA