LAS VEGAS – (Wire Service Report by The Sports Xchange) – The NHL officially announced that the Vegas Golden Knights completed the expansion process Wednesday and is an operating member of the NHL as its 31st team.
“On behalf of the Board of Governors, I am delighted to officially welcome the Vegas Golden Knights to the NHL,” Commissioner Gary Bettman said in a statement released Wednesday. “Congratulations to Bill Foley, the Foley family, the Maloof family, the city of Las Vegas and the Golden Knights’ fans as the team embarks on its exciting journey.”
The final step? The last payment of the $500 million expansion fee cleared.
General manager George McPhee can officially talk trades for fellow GMs and sign players to contracts.
“Today we reached another significant milestone in our team’s history — the Vegas Golden Knights are officially a National Hockey League franchise,” Golden Knights Chairman and CEO Bill Foley said in a statement released by the team. “It is an incredibly exciting day for our organization and we would not be here without the continued support from our fans.
“In February of 2015 we started our season ticket drive. We asked Las Vegans to put ticket deposits down for a team that didn’t exist in an arena that hadn’t been built and they came through in a big way. The progress we have made together in these last two short years is remarkable. Now that we are official, we look forward to continuing this momentum and building a team that our fans and our community will be proud of.”
An expansion draft will be held June 21 and Vegas will debut for the 2017-18 season.
OAKLAND – (Wire Service Report by The Sports Exchange) – The Oakland Raiders are expected to file the necessary paperwork in the coming weeks to relocate the NFL franchise to Las Vegas. After many years of trying to get a new stadium in Oakland, the Raiders have made a firm decision on their future, according to NFL media reports.
The city of Oakland has made no progress to keep the team and has not come up with a stadium proposal the league and the Raiders believe is credible, sources told Rapoport.
The Raiders need 23 of the 31 other franchises to approve the move. A relocation vote on the Raiders is not expected before the annual league meetings in March. Raiders owner Mark Davis was in talks with casino magnate Sheldon Adelson last year about financing a Las Vegas stadium for $1.9 billion.
(From official news release and staff report) – The Consumer Technology Association recently announced Under Armour Founder and CEO, Kevin Plank, will take the CES 2017 keynote stage. Owned and produced by the Consumer Technology Association, CES 2017 will run Jan. 5-8, 2017 in Las Vegas, NV. Plank’s keynote will take place on Friday, Jan. 6, 2017 and will focus on how technology is shaping athletic performance and lifestyle now, and in the years to come.
“Kevin Plank is a true innovator,” said Gary Shapiro, president and CEO, Consumer Technology Association. “His story began as a college football player whose dislike of sweaty cotton t-shirts led to the founding of what is now one of the fastest growing athletic performance companies in the world. He continues to innovate by putting technology front and center at Under Armour. The company’s participation in CES underscores the ever-expanding breadth of our show and the consumer tech industry overall. We can’t wait to welcome Kevin to our keynote stage and hear what he has in store for a company that has already invested close to $1 billion in bolstering the digital health and fitness communities.”
Plank has spent the last 20 years outfitting athletes in some of the world’s most innovative performance apparel, footwear and equipment. What began as a startup in his grandmother’s basement is now a global company on track to reach nearly $5 billion in revenue by the end of 2016.
Under Armour shared its vision for Connected Fitness at CES 2016 with the launch of UA HealthBox™, a suite of products designed to help athletes gain insight into their health, reach their goals and perform better. The company plans to take that focus a step further this year based on the input of the 185+ million members of its digital health and fitness community – the largest of its kind in the world.
David Stern, as a young lawyer representing his client – the National Basketball Association – laid a foundation for the league’s anti-gambling stance alongside government authorities. Stern, as the NBA’s Commissioner, cemented that foundation and supported Las Vegas’ current monopoly on gambling when he supported PASPA, the 1992 national law prohibiting gaming outside Vegas and a handful of States that had lottery laws in place.
But, along came the Internet and the globalization of the NBA.
Stern is now supporting the NBA’s and his protege Adam Silver’s enlightened look at gambling and recently appeared at a gaming seminar in Las Vegas to clarify his position on the record.
Here is an edited portion of Stern’s appearance: