Vegas Golden Knights owner Bill Foley has officially launched a bid to bring an NBA expansion team to Las Vegas, he announced Monday.
Foley has hired Morgan Stanley &Co. to be his exclusive financial adviser as he looks to build an ownership group around his existing Southern Nevada sports holdings, he said in a statement released by the Golden Knights, his highly successful NHL team.
“Las Vegas has earned its place among the great sports cities in America, and an NBA team belongs here,” Foley said in a statement. “We built the Golden Knights into a championship organization from the ground up, and we are prepared to do it again – with the same standard, the same commitment to this community, and the same insistence on winning.
