Las Vegas Raiders owner Mark Davis has purchased the WNBA's Las Vegas Aces from MGM Resorts International, both parties announced Thursday.
The sale is pending approval of the league's board of governors.
"I am excited to announce that I have entered into an agreement to purchase the Las Vegas franchise in the WNBA from MGM Resorts International," Davis said in a statement. "I will have more to say once I receive official approval from the WNBA Board of Governors and have had a chance to speak with the players, coaches and administrators of the team."
The Aces are coming off an 18-4 season in which they were the top seed in the WNBA playoffs. They reached the finals, where they were swept by the Seattle Storm. A'ja Wilson earned regular season MVP honors for the Aces.
Davis has regularly attended Aces games since the team moved from San Antonio to Las Vegas ahead of the 2018 season.
--Field Level Media