5 facts you didn't know about T-Mobile Arena

T-Mobile Arena has become the de facto home for numerous big events. The Vegas Golden Knights are to thank for this. But there's more to the stadium.

2023 NHL Stanley Cup Final - Game One
2023 NHL Stanley Cup Final - Game One | Ethan Miller/GettyImages
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2.) T-Mobile Arena is a privately funded venue

There's a major plague going on in Las Vegas. Publicly funded arenas and stadiums are infiltrating the city, costing citizens their hard-earned money.

Whether that's Allegiant Stadium and $750 million in public assistance for the football stadium's construction or the proposed baseball stadium for the soon-to-be(?) Las Vegas Athletics, Sin City is becoming a playground for publicly-funded ventures. In an age where families are struggling to afford basic necessities like groceries and rent, this is a plague that must be stopped.

The good news is Bill Foley and the Vegas Golden Knights aren't part of the public funding scene. T-Mobile Arena is privately funded, with joint ownership split between Anschutz Entertainment Group (42.5%), MGM Resorts International (42.5%), and Bill Foley's group (15%). Foley himself stated the following on where taxpayer funds should go.

""We can better spend our money on firefighters, teachers, and policemen. Let's have the best of that as opposed to building a big stadium.""
Bill Foley

Take notes, John Fisher. You got plenty to learn about the subject matter of being a good owner of a sports team.

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