Convention authority may return Cashman Center to city of Las Vegas

The Las Vegas Convention and Visitors Authority next month will consider returning Cashman Center to the city of Las Vegas later in the year, opening the door for new city development and the eventual exit of the Las Vegas 51s to a new baseball stadium.

LVCVA President and CEO Rossi Ralenkotter briefed the 14-member board of directors Tuesday, explaining that he met recently with key players in the proposed transfer.

At its April meeting, the board will discuss a memorandum of understanding it has with the city that expires in August. The current memorandum has been in place since 2008 and the LVCVA has managed Cashman since 1983.

No changes in the management of Cashman are imminent, but Ralenkotter said there are several proposals under consideration that made discussing the lease arrangement with the city timely.

Here’s what’s in play:

— The authority is trying to determine how to finance a $2.3 billion expansion and refurbishment of the main Convention Center campus and enabling another entity to take over Cashman could save $5 million a year.

— The Las Vegas 51s, the city’s AAA Minor League Baseball team, is looking to relocate to a new stadium with better player development amenities and fan comforts.

— Clark County is interested in a 51s move because the leading stadium site is located on county land near Downtown Summerlin.

— The city of Las Vegas, which owns Cashman Center but leases it to be managed by the LVCVA, is considering new development opportunities.

— The United Soccer League, which has 29 teams and will add a franchise in Reno next year, is looking to expand to Las Vegas and is interested in playing games at Cashman.

With all those elements on the horizon, Ralenkotter said he felt it was important to bring all the parties together to discuss options. In addition to representatives of the city, the county, the 51s and the LVCVA, Pacific Coast League Commissioner Branch Rickey III joined the conversation, concerned that Cashman Field, once one of the nation’s top Minor League stadiums, has aged and declined to the point that it’s difficult to attract Major League Baseball affiliations.

Cashman is a 55-acre complex that includes a 98,000-square-foot exhibit hall, 12 meeting rooms, a 1,992-seat theater and the 9,334-seat stadium that has been the home of the 51s and its predecessors, the Las Vegas Stars, since 1983.

The complex is owned by the city but has been managed by the authority. It’s used primarily for large community meetings and exhibitions by non-profit organizations. The LVCVA is willing to part with it because it loses $5 million a year as a community resource for non-profit groups.

Ralenkotter said among the details that need to be worked out is for the LVCVA to have access to the stadium on key dates, such as Big League Weekend when Major League Baseball teams travel to Las Vegas for exhibition spring training games.

The LVCVA views Big League Weekend as a marketing opportunity. This year, for example, the Chicago Cubs and the New York Mets, from two major media markets, will play before a televised audience on March 31 and April 1.

The United Soccer League’s desire to enter the Las Vegas market was bolstered by last month’s Major League Soccer exhibition game between the Los Angeles Galaxy and the San Jose Earthquakes, attended by 8,000 fans at Cashman.

The 51s will continue to use Cashman until the team moves to a new stadium, but Brett Lashbrook, a spokesman for the United Soccer League, said there is precedent for professional baseball and soccer teams to share stadiums.

On a short-term basis, a soccer team could share Cashman with the 51s and Lashbrook said the league would pay for the cost of placing turf on the dirt infield for the approximately 20 home games the team would typically play between April and September.

Stadiums in Louisville, Ky., and Tulsa, Okla., have baseball and soccer teams that share space and Yankee Stadium is the new home for Major League Soccer’s New York City Football Club.

Contact Richard N. Velotta at or 702-477-3893. Find him on Twitter: @RickVelotta

Business Videos
Las Vegas Convention Center expansion taking shape
Renderings and actual footage show how the Las Vegas Convention Center is evolving.
Former Starbucks CEO Howard Schultz at Las Vegas convention
Former Starbucks CEO and potential presidential candidate Howard Schultz spoke at the Epicor Insights user conference at Mandalay Bay Convention Center Wednesday, April 17, 2019. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Drew Las Vegas to open in the second quarter of 2022
The 67-story Drew Las Vegas is slated to open in the second quarter of 2022 at the north end of the Las Vegas Strip. (Michael Quine/Las Vegas Review-Journal)
NAB Day 1 (Time Lapse)
NAB kicked off at the Las Vegas Convention Center on Monday, April 8, 2019. (Mat Luschek / Review-Journal)
National Association of Broadcasters Show shows 1mm thick 8K TV with 22.2 channel digital sound
Japan’s NHK Science & Technology Research Laboratories booth featured a 1mm thick 8K TV system used in conjunction with a 22.2 channel digital sound system at the National Association of Broadcasters Show at the Las Vegas Convention Center. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Nevada shoppers react to Smith’s no longer accepting Visa credit cards
On March 1, Smith’s announced that it would no longer be accepting Visa credit cards at any of its 142 supermarkets, including the 45 in Nevada.
Massachusetts Gaming Commission asks how long Wynn executives knew about misconduct
Business reporter Rick Velotta gives an update on the adjudicatory hearing on the suitability of Wynn Resorts to retain its gaming license in Massachusetts.
Henderson app developer part of Startup in Residence
Henderson based developers of the app On Point Barricade are taking part in Startup in Residence, a North America program dedicated to pairing tech companies with governments. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Sam's Town employees and customers talk of their love for the iconic casino
Longtime Sam's Town employees and customers love each other and love their casino. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Las Vegas apartments rents
Las Vegas’ apartment market has accelerated in recent years. Developers are packing the suburbs with projects, landlords are on a buying spree, and tenants have filled buildings.
William Boyd talks about the birth of Sam's Town
On the eve of the 40th anniversary of Sam's Town, William Boyd, executive chairman of Boyd Gaming and son of hotel namesake Sam Boyd, talks about how the casino became one of the first local properties in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
High Roller observation wheel turns five
The world’s tallest observation wheel celebrates it’s fifth year on Sunday, March 31, 2019. (Michael Quine/Las Vegas Review-Journal) @Vegas88s
Escape Room Industry Growing In Las Vegas
Escapology employees discuss the growing escape room industry in the U.S. and Las Vegas. (Bailey Schulz/Las Vegas Review-Journal)
Impact of parking fees on visiting the Las Vegas Strip
There are no data showing a relationship between Strip resort and parking fees and the number of out-of-state visitors to Las Vegas. But there are data showing a relationship between Strip parking fees and the number of local visitors to the the Strip. ‘’As a local, I find myself picking hotels I visit for dinner or entertainment, based on whether they charge for parking or not,”’ said David Perisset, the owner of Exotics Racing. ‘’It is not a matter of money, more of principle.’’ A 2018 survey by the Las Vegas Global Economic Alliance found 36.9 percent of Clark County residents reported avoiding parking at Strip casinos that charge for parking. 29.1 percent reported avoiding using any services from a Strip casino that charges for parking.
MGM's sports betting deals
MGM Resorts International signed a sports betting sponsorship agreement with the NBA in July It was the first professional sports league to have official ties with a legal sports betting house. The deal came just two months after the U.S. Supreme Court overturned a law prohibiting sports betting in most states. In October, MGM became the first gaming company to sign a sports betting partnership with the NHL. In November, MGM became the first gaming company to sign a sports betting partnership with the MLB. Financial terms of Tuesday’s deal and earlier partnerships have not been announced.
Faraday puts Las Vegas land on the market
Nearly two years after Faraday Future bailed on its North Las Vegas auto factory, the company has put its land up for sale. (Michael Quine/Las Vegas Review-Journal)
El Cortez owner Kenny Epstein on running the iconic property
Kenny Epstein, owner of the El Cortez Hotel in downtown Las Vegas, talks about Jackie Gaughan mentorship and answers rumors about bodies in the basement at the mob-era casino. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
LVCVA recommends construction of underground people mover
The Las Vegas Convention and Visitors Authority announced the recommendation for an underground people mover for the convention center. The system would have the potential to expand and connect Downtown and the resort corridor all the way to McCarran. (Michael Quine/ Las Vegas Review-Journal)
LVCVA/Boring Company Press Conference
The Las Vegas Convention and Visitors Authority announced a collaboration with Elon Musk's The Boring Company to develop and operate an autonomous people mover system for the Las Vegas Convention Center District.
International Pizza Expo includes green and gluten free
The International Pizza Expo at Las Vegas Convention Center included companies focused on vegan and gluten free, and plant-based pizza boxes. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
International Pizza Expo kicks off in Las Vegas
The first day of the International Pizza Expo at Las Vegas Convention Center is everything Pizza. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
T-Mobile program aids guests with sensory needs
A program at T-Mobile Arena is designed to provide a more sensory friendly experience for guests.
Photo Booth Expo
Danielle May talks about how Simple Booth transformed her Volkswagen bus into a business.
Nevada Gaming Commission's highest fines
The highest fines assessed by the Nevada Gaming Commission, according to commission Chairman Tony Alamo: 1) Wynn Resorts Ltd., $20 million, 2019 2) CG Technology (then known as Cantor G&W Holdings), $5.5 million, 2014 3) The Mirage, $5 million ($3 million fine, $2 million compensatory payment), 2003 4) Stardust, $3 million, 1985 5) Santa Fe Station, $2.2 million ($1.5 million fine, $700,000 compensatory payment), 2005 6) Las Vegas Sands, $2 million, 2016 7) CG Technology, $1.75 million, 2018 8) CG Technology, $1.5 million (also $25,000 in escrow for underpaid patrons), 2016 9) Caesars Entertainment, $1.5 million, 2015 10) Imperial Palace, $1.5 million, 1989 11) Peppermill Casinos, $1 million, 2014
Tiny Pipe Home vs Shipping Crate
A Tiny pipe home was displayed at the International Builders Show this week in Las Vegas.
Auto repair shortage affects Las Vegas
The auto repair industry is facing a national shortage of workers.
Franchising industry booming
Experts say Las Vegas is a hotbed for the franchise industry.
Africa Love owner talks about his store in Las Vegas
Mara Diakhate, owner of Africa Love, gift and decor store, talks about his store in Las Vegas. (Bizuayehu Tesfaye/ Las Vegas Review-Journal) @bizutesfaye
Developer gets approval to build homes at Bonnie Springs
The Clark County Planning Commission has approved a plan to build 20 homes on the site of Bonnie Springs Ranch. (Michael Quine/Las Vegas Review-Journal)
Dig This opens new location In Las Vegas
Remember when you were a kid and played with construction toys in the sand box? Dig This Las Vegas has the same idea, except instead of toy bulldozers, you get to play with the real thing. (Mat Luschek/Review-Journal)
Home Front Page Footer Listing