Saturday, May 9, 2026

Trio of Star Athletes Invest in Las Vegas NLL Team

  • Steve Nash, Wayne Gretzky, and Dustin Johnson are investing in the Las Vegas lacrosse team.
  • The team is owned by Brooklyn Nets owner Joseph Tsai, and will launch in 2022.
Allan Henry-USA TODAY Sports/Design: Alex Brooks

Sports in Las Vegas are expanding almost as quickly as the National Lacrosse League.

Sin City’s future NLL team, which will join the league in 2022, announced on Monday that Wayne Gretzky, Dustin Johnson, and Steve Nash are joining Brooklyn Nets and New York Liberty owner Joseph Tsai as investors.

  • Nash, the Nets’ coach, is a co-owner of MLS’ Vancouver Whitecaps.
  • Gretzky previously owned 10% of the Phoenix Coyotes. He was an Edmonton Oilers  partner and executive from 2016 to May of this year, when he stepped down and signed a multiyear pact with Turner Sports to become a TV analyst. 
  • Johnson, Gretzky’s son-in-law, made $44.5 million over the 12 months ending June 4 in golf tournament winnings and sponsorships. This is his first foray into team ownership. 

Tsai — who is also an investor in the Premier Lacrosse League along with New England Patriots owner Robert Kraft — paid around $10 million to launch the Las Vegas franchise, including the expansion fee and operational runway. 

The NLL has added teams in New York, Philadelphia, San Diego, and Halifax since 2019. The latest team continues Las Vegas’ growth as a sports city.

  • Since 2017, it has added the NHL’s Las Vegas Golden Knights and the WNBA’s Aces, who will share Michelob ULTRA Arena with the NLL team.
  • The NFL’s Raiders moved to the city from Oakland in 2020.

Vegas is also viewed as a viable destination for MLS expansion and MLB relocation.

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

Matt Palumb

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
Paul Rabil

Next on the Premier Lacrosse League Roadmap: Team Owners

The PLL’s eight teams are currently all owned by the league.
Premier Lacrosse League

‘The Circus Is Coming to Town’: Why Upstart Leagues Are Barnstorming

In their ambitious plans, a traveling schedule is only temporary.

Featured Today

May 2, 2026; Atlanta, Georgia, USA; Atlanta United midfielder Saba Lobjanidze (11) reacts to his goal against the CF Montréal in the first half at Mercedes-Benz Stadium. Mandatory Credit

How Atlanta Unexpectedly Became the Epicenter of U.S. Soccer

U.S. Soccer is opening a new national HQ in Georgia.
Tottenham Hotspur
May 6, 2026

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.
Cricket - Indian Premier League - IPL - Final - Royal Challengers Bengaluru v Punjab Kings - Narendra Modi Stadium, Ahmedabad, India - June 4, 2025 Royal Challengers Bengaluru's Rajat Patidar lifts the trophy as he celebrates with teammates after winning the Indian Premier League
May 5, 2026

How Private Equity Fell in Love With Indian Cricket

India’s U.S.-style cricket league has become a private-equity playground.
Kaitlin Oaks (left) from Tampa looks at photos with Layla Abutha from Tampa while attending Thurby at Churchill Downs during the week of Kentucky Derby on Thursday, April 30, 2026.
May 1, 2026

Kentucky Derby Is Courting Gen Z

Churchill Downs is mixing traditional splendor with a youthful atmosphere.
Casey Wasserman, Chairperson and President of LA28, during the media conference celebrating the 1000-day countdown to LA28 at Devon Park in Oklahoma City, Monday, Oct. 20, 2025.

Wasserman Buyers Narrow as PE Conflicts Sideline Major Firms

Private-equity firm TA Associates has removed itself from the running.
April 16, 2026

How Taylor Swift’s Catalog Led Her Former Label Boss Into Sports

Scott Borchetta profited greatly from the sale of Swift’s masters.
April 23, 2026

Want to Own a 100-Year-Old Austrian Soccer Team for $500?

Vestible’s first team is Kapfenberger SV 1919.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
John and Louis Antonelli
exclusive
April 13, 2026

Chernin Group Leads Funding Round in Social Box Score App ‘Real’

The app combines live stats and play-by-play with a social media experience.
Jack Nicklaus speaks to media prior to the start of the Memorial Tournament at Muirfield Village Golf Club in Dublin, Ohio on May 27, 2025.
March 27, 2026

Jack Nicklaus Re-Acquires Nicklaus Companies After Lawsuit

Nicklaus takes back ownership of marks like the iconic Golden Bear.
Team WNBA guard Caitlin Clark dribbles up the court against Team USA during the WNBA All-Star Game at Footprint Center in Phoenix on July 20, 2024.
February 3, 2026

Fund Backing Women’s Sports Raises $250M and Counting

Jason Wright oversees a fund that has secured $250 million.
January 28, 2026

CVC’s New Sports Business Buys Into $300M Equestrian Company

Global Sport Group bought a controlling stake in Equine Network.