Tuesday, May 26, 2026

NHL Plans To Stage 2024 Draft At $2.3B Vegas Sphere

  • League becomes first sports entity to stage an event entire at venue.
  • NHL to shift to decentralized model for the draft in 2025.
The Sphere/Twitter

The NHL has confirmed its intent to hold the 2024 Draft at the Sphere, becoming the latest sports entity to embrace the next-generation venue in Las Vegas.

The league has not yet signed final contracts for the June 28-29 event, but commissioner Gary Bettman said the deal is a near-certainty.

“I think it’ll be a pretty well-viewed event, both in terms of the draft itself and the viral use of the Sphere inside and outside,” Bettman said. “So we think it’ll be dramatic and compelling.”

With the late-June timing, the NHL essentially jumps the line and becomes the first major sporting event held entirely at the Sphere, ahead of the UFC, which will stage a fight there in September 2024. (Formula 1 did incorporate the Sphere into its recent Las Vegas Grand Prix, both visually and as a hospitality area.) 

Since its opening in September, with a run of concerts by U2, the Sphere has captivated many across the business of sports — even though the venue wasn’t designed with sports in mind.

“The Sphere is a spectacular property, so I think both for the Sphere and for us this will be a good event to show yet another capability of this magnificent theater,” Bettman said.

Last Of An Era

The 2024 NHL Draft will also be the last before the league shifts to a decentralized model where teams’ general managers and scouts stay in their home markets, similar to that in other major sports leagues.

For years, the NHL Draft has served as a key offseason convention within the sport, often drawing a level of media coverage that doesn’t exist during the season. But logistical and cost concerns among teams prompted the shift.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sportradar Hit With Lawsuit Over Alleged Illegal Gambling Ties

The suit alleges investors were harmed by shady overseas business conduct.
Apr 11, 2026; Las Vegas, Nevada, United States; Wisconsin Badgers defenseman Joe Palodichuk (14) and Denver Pioneers forward Kyle Chyzowski (16) battle for control of the puck during the second period in the championship game of the NCAA men's ice hockey Frozen Four at T-Mobile Arena

Hockey Unites to Demand Change to NCAA ‘5-in-5’ Proposal

The sport doesn’t want to be “collateral damage” of the new rule.

NHL Playoffs Deliver Record Second-Round Ratings for ESPN, TNT

The Canadiens-Sabres series brought additional audience milestones.
Nov 20, 2025; Salt Lake City, Utah, USA; Vegas Golden Knights head coach Bruce Cassidy watches play against the Utah Mammoth during the third period at Delta Center

NHL Coaches’ Association Pushes Back on Vegas Cassidy Restrictions

Vegas is within bounds, but the move is unusual and controversial.

Featured Today

Big Money on the Line on Premier League’s Final Day

Arsenal has won the title, but millions are still at stake.
Texas State mascot
May 22, 2026

Mascot-Reveal Videos Are the Newest College Sports Tradition

Student mascot unmasking videos are going mega-viral.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
May 14, 2026

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).
May 25, 2026; Paris, France; Elina Svitolina of Ukraine at a change of ends with ice and an ice towel during her first round match against Anna Bondar of Hungary on day two at Stade Roland Garros.

French Open Heat Wave Expected to Continue for Rest of Week

Forecasts for Tuesday, Wednesday, and Thursday are heating up.
May 24, 2026

Felix Rosenqvist Wins Wild Indy 500 After Record 70 Lead Changes

There were 14 different leaders at various points in the race.
May 24, 2026

Jalen Duren’s All-NBA Nod Could Net Him $287 Million Deal

Duren was a first-time All-Star in 2026.
Sponsored

The Hidden Economy of Race Weekend

Learn more about the Vintage Flying Museum and how Spectrum Business is helping them achieve their business goals while fueling their dreams.
May 21, 2026

Fever Get Warning, No Fine Over Caitlin Clark Injury Report

A WNBA source confirmed that they were not fined.
May 21, 2026

Caitlin Clark’s Late Scratch Sparks WNBA Injury Report Questions

The Fever said she woke up with back soreness ahead of Wednesday’s game.
May 20, 2026

Jannik Sinner Headlines French Open Clouded By Player Unrest

Players will walk out of opening press conferences after 15 minutes.
Valkyries President Jess Smith
May 19, 2026

Valkyries President: Team’s Projected $1B Valuation Is ‘Accurate’

The Valkyries were projected to be the first 10-figure WNBA team.