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Foley Entertainment Group Announces VGK Founder Bill Foley’s Bid to Bring NBA Franchise to Las Vegas

GlobeNewswire Inc.·
Foley Entertainment Group Announces VGK Founder Bill Foley’s Bid to Bring NBA Franchise to Las Vegas

Bill Foley, owner of the Vegas Golden Knights NHL team, announced his pursuit of an NBA franchise for Las Vegas. Foley has retained Morgan Stanley and Simpson Thacher & Bartlett to structure an ownership platform leveraging his existing Vegas sports holdings, including the Golden Knights and T-Mobile Arena venue rights. The effort builds on Foley's successful track record with the Golden Knights, which won the Stanley Cup in 2023.

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