Another sports team for Las Vegas? We have been hearing that silly rumor for almost 10 years now. However, the new “NBA coming to Las Vegas” rumor on the street this time has some strong credibility and support. A lot of those who would know its validity are smiling with a clenched jaw and unusually quiet on anything about this. They keep hinting at some kind of an announcement next week.
Where Would The NBA Play?
If the rumors are true and the NBA gave us a team, the question becomes where would they play? Where would their area be located? Would they use a facility already opened? Or would they build their own?
Well, first we have to contend with the fact that NBA is losing fans left and right as they have publicly joined forces with the left-wing militant group, BLM (Black Lives Matter). With monied fans and corporate supporters leaving, will they be around and be anything to talk about or bet on by the time the arena would open? More importantly, will there be fans that want to pay to attend the games here?
So let’s just play along and imagine that the powers that be within the NBA, wise up and get politics out of the game so that they still have a reasonably sized fan base in 5 years.
So where would they play? One spot has been waiting for this moment for almost 10 years. Right where the old Wet-n-Wild waterpark was. Next to the Sahara Resort. This is where the All Net Arena is supposed to go.
All Net sports arena has been the dream and the brainchild of ex NBA player Jackie Robinson. (Don’t worry, I never heard of him either until this project started to be dreamed up) In 2013 His partners purchased the old Wet n Wild location that had been planned for an earlier stadium project called Silver State Arena. That project went away when those developers learned they would have to pay for the arena themselves. Sorry Charlie, No taxpayer bailouts, no room tax subsidy.
Currently, the All Net arena project has a price tag of about $3 billion dollars. That is supposed to include the 22,000 seats multi-purpose arena, a hotel, and shopping. Yes, all of that on this little 22-acre site on the north end of Las Vegas Boulevard! No word on parking yet!!
Now speculation is focusing on the fact that the long-mothballed Fontainebleau Las Vegas resort (aka The Drew / The Big Blue Silo) may fill in for the shopping and hotel part of the project, leaving the dirt hole for the arena itself. Sparking that news flash is that The Drew project failed and another group of investors including the original developer of the Fontainebleau Las Vegas, now own the resort project. The front entrance sits almost right on the property line of the Fontainebleau Las Vegas and the All Net Arena site.
This is Las Vegas
Just remember, this is Las Vegas and we hear rumors like this on a weekly basis. It’s only when we see the construction boots on the ground and a foundation pour, do we start to take bets on when it will be completed.
Stay Tuned to see if this really happens!