Las Vegas Review-Journal

Knights president: Team making impact

Salaries, housing sales boosting local economy

- By Nicole Raz Las Vegas Review-journal

Vegas Golden Knights President Kerry Bubolz knows who he’d like to see score the team’s first goal: Deryk Engelland.

It would be “special,” he said to have a longtime Las Vegas resident — and the only player on the team with a history in Las Vegas — score first for the NHL’S newest franchise.

Bubolz addressed an audience of around 200 state business leaders during his keynote Tuesday at the Nevada Economic Developmen­t Conference, during which he said the brand is already having economic impact.

Bubolz said the Vegas Golden Knights have 170 full-time employees, 70 percent of whom relocated, which translates to home sales for the area.

Employees — including players, scouts, the business team and front-office personnel — will have a combined annual payroll of $100 million, Bubolz said.

Ticket sales forecast a full house for each game, he said, with about 14,000 seats already sold for every game. The T-mobile arena seats 17,000 for hockey.

Anticipati­ng traffic, Bubolz said he is working with partners on the Strip and the Regional Transporta­tion Commission of Southern Nevada to ensure smooth and efficient movement.

He said so far there are about four areas in the works where people will be able to park and then take a Vegas Golden Knights express shuttle directly to the T-mobile arena, for $2.50 each way.

Each televised game is a “commercial for Las Vegas,” Bubolz said. All games will be televised back to 30 other NHL markets, and five games will be nationally televised.

The brand has an opportunit­y to not just be a Las Vegas team, but also a regional team, he said, given Las Vegas’ projected population growth.

State demographe­r Jeff Hardcastle reported last October that Clark County could see an increase of about 15 percent by 2035, a growth of about 315,065 people to 2.5 million.

The new report comes out Oct. 1. “Estimated growth has exceeded projection­s in the past couple of years,” Hardcastle told the Review-journal.

With Las Vegas’ population growth, and the city’s addition of the Raiders on top of the sports already here, like the Ultimate Fighting Championsh­ip, collegiate sports and NASCAR races, Las Vegas can become the “Sports and Entertainm­ent Capital of the World,” Bubolz said.

Contact Nicole Raz at nraz@ reviewjour­nal.com or 702-380-4512. Follow @Journalist­nikki on Twitter.

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 ?? Erik Verduzco ?? Las Vegas Review-journal @Erik_verduzco Knights President Kerry Bubolz said the team has 170 full-time employees, 70 percent of whom relocated, which translates to home sales for the area.
Erik Verduzco Las Vegas Review-journal @Erik_verduzco Knights President Kerry Bubolz said the team has 170 full-time employees, 70 percent of whom relocated, which translates to home sales for the area.

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