Las Vegas To Build $4 Billion USD Arena in Hopes To Get an NBA Franchise

All Net Resort and Arena are set to break ground in Las Vegas this October.

Sports
14,819 Hypes 10 Comments

It comes as no surprise that the entertainment capital of the world, Las Vegas is vying for a chance to expand its offering. Just last month, the NBA was considering on expanding its league to include other cities, with Seattle and Las Vegas at the forefront of being considered as the next NBA cities.

Former UNLV basketball star, Jacie Robinson is set to help break ground on the new entertainment complex, All Net Resort and Arena. The project has an approximate cost of $4 billion USD and is expected to host 23,000 seats. The sporting arena will feature a retractable roof and the surrounding complex will feature two hotels and a theater. Robinson confirmed to 8 News Now, “Would we like to have an NBA team? Absolutely. But, would we be deterred if we don’t? No.”

Comcast is also amongst one of the major investors to help finance the $4 billion USD project. Robinson added, “They’re a large producer of content. They own Universal. They own NBC. They manage 250 arenas around the world. They’re going to book it. They’re going to market it.”

The ground for the All Net site is set to break this coming October.

In other NBA news, the Milwaukee Bucks are your 2021 NBA Champions.

Read Full Article

What to Read Next

Migos Are Taking Over Las Vegas To Commemorate the Release of 'Culture III'
Music

Migos Are Taking Over Las Vegas To Commemorate the Release of 'Culture III'

Heading to Sin City in October 2021.

LeBron James Said To Be the First Active NBA Player To Earn $1 Billion USD
Sports 

LeBron James Said To Be the First Active NBA Player To Earn $1 Billion USD

Thanks to his salary and an impressive roster of endorsements.

Nike Brings in $44.5 Billion USD in Annual Revenue Thanks to 96% Growth in Q4 2021
Footwear 

Nike Brings in $44.5 Billion USD in Annual Revenue Thanks to 96% Growth in Q4 2021

Digital sales continue to boom.


Airbnb Hoping to Raise Additional $1 Billion USD in Debt
Travel 

Airbnb Hoping to Raise Additional $1 Billion USD in Debt

Helping it navigate the economic crisis during the current pandemic.

Carnivol Spent $20,000 USD Remastering the 1986 'Super Mario Bros.' Film Into 4K
Entertainment

Carnivol Spent $20,000 USD Remastering the 1986 'Super Mario Bros.' Film Into 4K

But there’s still more to do.

Wrist Check: Jeff Bezos Took a Custom OMEGA Speedmaster to Space
Watches

Wrist Check: Jeff Bezos Took a Custom OMEGA Speedmaster to Space

Featuring custom straps and Blue Origin engraving.

Nike Could Face Sneaker Shortage as COVID-19 Pandemic Worsens
Footwear

Nike Could Face Sneaker Shortage as COVID-19 Pandemic Worsens

Specifically, sneakers made in Vietnam.

Justin Bieber Sets New Billboard Hot 100 Record, Surpasses Drake
Music

Justin Bieber Sets New Billboard Hot 100 Record, Surpasses Drake

Battle of the Canadians.

Lil Durk Lost Out on a Feature In Kanye West's 'DONDA' Album
Music

Lil Durk Lost Out on a Feature In Kanye West's 'DONDA' Album

“I missed the jet.”


Paris Saint-Germain's 2021/22 Away Jersey Celebrates Its Home City
Fashion

Paris Saint-Germain's 2021/22 Away Jersey Celebrates Its Home City

Referencing ’70s architecture, Parisian slang and Ile-de-France postcodes.

Mondo Immortalizes "Sad Wolverine" Meme as Action Figure
Design

Mondo Immortalizes "Sad Wolverine" Meme as Action Figure

A recreation of the iconic scene from the ’90s series.

Aaron Rodgers Declines Green Bay Packers Extension That Would Have Made Him the Highest Paid Quarterback
Sports

Aaron Rodgers Declines Green Bay Packers Extension That Would Have Made Him the Highest Paid Quarterback

Showing that it really isn’t all about the money.

Netflix Drops Teaser For Upcoming Thriller 'Clickbait'
Entertainment

Netflix Drops Teaser For Upcoming Thriller 'Clickbait'

“I abuse women. At 5 million views, I die.”

Netflix Sees Growth Slump This Year Following a Massive Boom in 2020
Entertainment 

Netflix Sees Growth Slump This Year Following a Massive Boom in 2020

The company hopes to change things up with mobile gaming.


More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.