The Board of Governors of the WNBA and the NBA unanimously approved the sale of MGM Resorts International’s Las Vegas Aces to new owner Mark Davis, WNBA Commissioner Cathy Engelbert announced on Friday.
Davis is the main owner of the NFL’s Las Vegas Raiders and a season ticket holder for the aces that made it to the WNBA finals in 2020. He resigned himself to buying the team from MGM last month pending the league’s approval.
The Aces, coached by former NBA star Bill Laimbeer, have been playing in Las Vegas since 2018 after MGM bought the team and relocated it from San Antonio and changed the name from the stars to Aces.
“On behalf of the WNBA, I am delighted to welcome Mark Davis, owner of Las Vegas Raiders, to the WNBA family at a time when the league has never been more dynamic,” said Engelbert. “We are confident that Mark’s business success, franchise and branding expertise, and passion for supporting women’s basketball will take the team even higher.”
– Field level media