Las Vegas Raiders principal owner Mark Davis has made an investment in another professional sports franchise in Sin City.
Davis has finalized his purchase of the city’s WNBA franchise, the Las Vegas Aces. The Raiders owner released a statement stating his excitement, adding he would have more to say on the matter once his purchase is approved:
“I am excited to announce that I have entered into an agreement
to purchase the Las Vegas franchise in the WNBA from MGM Resorts International,” Mark Davis said, via the Aces website. “I will have more to say once I receive official approval from the WNBA Board of Governors and have had a chance to speak with the players, coaches and administrators of the team.”
The Aces have had a long road to Las Vegas and Mark Davis’ ownership.
The franchise was originally founded in Salt Lake City, Utah prior to the WNBA’s inaugural 1997 season. Six years later, the team relocated to San Antonio, eventually becoming known as the Silver Stars and, later, simply the Stars.
However, MGM International purchased the franchise in 2017, relocating the team to Las Vegas. The Aces also had the No. 1 pick in the 2018 WNBA draft, selecting former South Carolina star A’ja Wilson.
The Aces have made tremendous progress with former Detroit Pistons legend Bill Laimbeer as head coach. In just two seasons, Laimbeer has taken the Aces from perennial losers to a WNBA championship contender. The Aces came up short in the 2020 WNBA Finals against the Seattle Storm, but future seems bright nonetheless.
Mark Davis will attempt to infuse more success following his purchase of the Aces.