Raiders owner Mark Davis appears to be all-in on Las Vegas as he has entered into an agreement to purchase the Aces WNBA franchise from MGM Resorts.
The deal is still dependent on approval of the league’s board of governors, 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,” Davis said in a statement.
Financial terms of the deal were not disclosed.
When reached by phone Thursday, Davis said he didn’t have anything to add to his prepared statement, but said he was excited about the deal. Davis said he expected the approval process to take one to two weeks.