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$410 million Las Vegas soccer stadium deal closer; next stop, Major League Soccer…

Aug 27, 2014, 12:01 PM EDT

The long rumored soccer stadium in Las Vegas looks to be back on the agenda.

On Wednesday NBC News 3 reported that a preliminary deal has been struck between The city of Las Vegas, The Cordish Companies and Findlay Sports & Entertainment for a $410 million downtown stadium in Sin City. The plan is to have an MLS team in downtown Las Vegas by 2017.

In that report the capacity of the stadium is said to be 24,000 and it will be specifically designed for a Major League Soccer franchise. However the Dan Patrick Show also revealed details about the potential stadium housing an NHL franchise, watch that above. The stadium is likely to be an indoor arena, due to the intense heat in Vegas throughout the summer, so having MLS and NHL teams share the venue isn’t the craziest idea we’ve ever heard.

After reports first surfaced about Las Vegas trying to house an expansion franchise many months ago, MLS certainly haven’t been shy when speaking about potentially having a team in Nevada.

[RELATED: MLS heading to Vegas?]

Back in May MLS Deputy Commissioner and President Mark Abbott spoke on the topic and confirmed the league have been in talks with the city about potential expansion. Here’s what Abbott said about Vegas’ MLS prospects.

“We recently met with Justin Findlay and Blake Cordish at the MLS League office in New York and were very impressed with their vision to pursue building a new soccer stadium and acquiring an MLS expansion club for Las Vegas,” Abbott said. “We look forward to continuing discussions as they work to further develop their plans with Mayor [Carolyn] Goodman and the City of Las Vegas.”

The stadium would be situated in the “Symphony Park area, north of the Smith Center for Performing Arts” and would become a multi-purpose arena for the many other events which take place in Las Vegas year-round.

Financially, according to this report, public funds would be used for 31 percent of the $300 million venue, which is expected to rise to $410 million, equating to $123 million of the tax-payers money. The Findlay-Cordish group was set up specifically to bring soccer to South Nevada and will foot all the bills for an MLS team and it is also worth noting that the stadium will not be built until Las Vegas is awarded an MLS franchise.

Cordish Companies is one of the largest real estate developers in the nation and their joint-proposal will be voted on by officials from the city of Las Vegas at their next meeting on Sept. 3.

It seems like having a pro soccer team in Sin City is edging closer to becoming a reality. Stay tuned.

  1. mkbryant3 - Aug 27, 2014 at 12:45 PM

    Would be a perfect training camp base for Qatar. 😉

  2. jpi75 - Aug 27, 2014 at 1:27 PM

    What does the heat index in Las Vegas reach in July and August?

    • mcba1n - Aug 27, 2014 at 1:47 PM

      I live in Las Vegas proper, somewhere in the ballpark of 100-115 degrees on average for those 2 months. The city can definitely go higher on the heat index for periods of several days – and can also reach even higher numbers in June from time to time. Overall this summer has been very normal, but it’s too hot to host games in an open air venue here. Late July games at the minor league ballpark are about all that could be played during that heat – and even then, it’s very uncomfortable as a fan.

      The rest of the year, however, it’s perfect for proper football to be played here. I wonder how cool they could keep the pitch when it’s 115 out in an enclosed stadium.

    • cfutch - Aug 27, 2014 at 2:01 PM

      the article says it will be an indoor stadium so that shouldn’t be an issue….

    • chrish3k - Aug 27, 2014 at 2:11 PM

      I look a it as a shrewd preparation tactic in advance of Qatar 2022! Good job?!?!

    • mazblast - Aug 27, 2014 at 4:47 PM

      I can’t speak for the heat index, but I was there a few weeks ago. All the talk of the heat there being “dry heat” and nowhere near as bad as the same temperature in Eastern and Midwestern cities is correct up to a point, but I can say from several summer trips’ experience that 110 is still darned hot. Walking around is not easy, but hardly impossible; you just have to pace yourself and ALWAYS have a bottle of water with you. Playing soccer is almost inconceivable, even as fit as the players are.

      I’ve also been to games of the Las Vegas 51s (Met’s AAA team) each of the last two seasons, and even with a 7 PM start, it’s still quite warm. The beer goes down very well. Playing the games in an indoor or retractable-roof venue makes perfect sense to me. A setup like University of Phoenix Stadium in Arizona would be good, with the retractable trays of grass.

  3. vtravi00 - Aug 27, 2014 at 1:42 PM

    at why it will be an indoor stadium. I hope they can do grass indoors. We don’t need anymore astro turf in mls

  4. mikeevergreen - Aug 27, 2014 at 5:47 PM

    Hope they set that up with AC? What would they call them, the Jackpots? Or the Bankrupts?

  5. Ian's Rushtache - Aug 27, 2014 at 5:55 PM

    The Vegas Escorts?

    • Ian's Rushtache - Aug 27, 2014 at 7:22 PM

      The Vegas History Channel Lineup?

      • Ian's Rushtache - Aug 27, 2014 at 7:24 PM

        The Vegas Wiseguys?

  6. brunotheaffablecynic - Aug 27, 2014 at 7:26 PM

    It sounds to me like there’s confusion between a few different stadium/arena plans. There has been nothing said about the Findlay/Cordish project housing an NHL team. At all. However MGM Grand is building a 20,000 seat arena behind the New York New York Casino that could certainly be used for hockey. There are also approved plans to build another arena on the north end of the Strip near the old Sahara that would be able to do so as well, Dunno if that one is going to end up panning out, though.

    As far as soccer in Vegas in the Summer, per a meeting the Findlay group had with supporters of project (of which I attended), the stadium will have a retractable roof, every third row will be have a/c from below the seats and the turf they plan on using can be chilled prior to match-time to make things easier for the players. Should be ok as far as that goes…

    • Sgc - Aug 28, 2014 at 6:12 PM

      Yeah, maybe the confusion is that the builders of the hockey arena would also put ‘indoor soccer’ there.

  7. jdfsquared - Aug 27, 2014 at 8:33 PM

    Seems to me that Minneapolis and Vegas have the lead on the stadium front, while Sacramento has the lead on the business plan / attendance front. With San Antionio bringing up the rear.

    I think marking secondary markets a la the NBA for a portion of teams is pretty smart for MLS. Cities like Sac, SA & Vegas will take big time pride in their MLS teams just like OKC, SA and Sac do for the Thunder, Spurs & Kings. (Trust me being from Sac, the Kings are the one hook for our hat, so the feelings run deep.)

    If I had to guess, I’d think the MLS would have Sacramento Republic in the lead, given the interest from the Kings in buying a majority stake in the team. No city money there, tho. That’s all taken by the Kings’ new stadium already under construction. But a stadium at the Railyards would double-down on downtown revitalization. Also, they’ve sold out every game they’ve played (3 at 20,000+ Hughes Stadium) and their crest is sick.

  8. ramblingalb - Aug 27, 2014 at 10:53 PM

    Minnesota and Vegas now have stadiums. They are obviously in the lead. Miami could well end up without a team, as they have had no progress on a new SSS. The real battle might be when all the expansion teams are spoken for, and all the leftover cities realize Chivas is the jewel, the only way to get a team before 2025.

  9. ramblingalb - Aug 27, 2014 at 10:54 PM

    And I can’t even describe how meaningless it is what Sacramento’s crest looks like.

    • jdfsquared - Aug 27, 2014 at 11:28 PM

      Not from California, eh?

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