• Loading stock data...
Friday, November 22, 2024

MLS Enters Exclusive Negotiations For Vegas Team

MLS-Expansion-Las-Vegas
Scott Taetsch-USA TODAY Sports/Design: Alex Brooks

Major League Soccer has reportedly entered an exclusive negotiating agreement with billionaires Wes Edens and Naseef Sawiris to bring the league’s 30th team to Las Vegas.

The league has been working to expand from 27 to 30 teams, with Charlotte FC beginning play this season and St. Louis kicking off in 2023.

Phoenix and San Diego were among potential expansion cities named by the league.

  • Edens was part of an investment group that purchased the Milwaukee Bucks in 2014, which also landed the franchise the $524 million Fiserv Forum in 2018. 
  • The same year, Eden and Sawiris purchased the Premier League’s Aston Villa
  • Sawiris serves as Aston Villa’s executive chairman, director of Adidas AG, and executive chairman of investment company NNS Sarl, among other positions.

Edens is also the co-founder of Fortress Investment Group, a firm backing Brightline West, a high-speed rail project working to connect Las Vegas to Los Angeles by 2028. The investment group is reportedly looking to build the MLS stadium next to the site of the train station.

Possible Name for Vegas?

In June, Edens and Sawiris were part of a group that filed to trademark “Las Vegas Villains” in connection to a professional soccer team.

The pair said they’re “optimistic we’ll reach a final agreement soon.” MLS commissioner Don Garber emphasized in December that the 30th team would not begin play until after 2023.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NBA Legend Hubie Brown Stepping Away From ESPN at 91

Brown has been associated with the league for over 50 years.
Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Nov 19, 2024; Boston, Massachusetts, USA; The Boston Celtics and Cleveland Cavaliers play during the second half at TD Garden.

Cavs vs. Celtics Draws Big TV Numbers in NBA Cup Showdown

The game averaged 1.94 million viewers and peaked at 2.7 million.
Nov 9, 2024; Fort Lauderdale, Florida, USA; Inter Miami CF head coach Gerardo Martino reacts in the second half against the Atlanta United FC in a 2024 MLS Cup Playoffs Round One match at Chase Stadium.

Messi’s Inter Miami Coach Quits After Best Regular MLS Season Ever

Gerardo “Tata” Martino has been with Miami for about as long as Messi.
podcast thumbnail mobile
Front Office Sports Today

What’s Next for Hapless Jets?

0:00

Featured Today

Classic Football Shirts New York Pop-Up

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.
November 15, 2024

How Women’s Sports Could Change in the Next Trump Era

Under the president-elect, Title IX could change drastically.

Premier League Transfer Spending Has Already Topped $2 Billion As Deadline Looms

Saudi Pro League teams haven’t yet matched their English counterparts.
August 11, 2024

Passing of the Torch: Los Angeles Set for Olympic Firsts in 2028

The city last hosted the Summer Olympics in 1984.
Paralympics Tiktok
August 25, 2024

The Wildly Successful Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
August 1, 2024

Saudi Arabia Submits Bold World Cup Bid That Includes a Cliffside Arena

The Saudis are proposing a new stadium in a futuristic city called Neom.
John John Florence (USA) surfs in men’s round two competition during the Tokyo 2020 Olympic Summer Games at Tsurigasaki Surfing Beach.
July 29, 2024

Olympic Surfers Won’t Get Their Full Paris Moment

‘We’re kind of separate off on our own little thing over here.’
Teahupo'o Tahiti Surfing
July 26, 2024

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 25, 2024

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.