68°F
weather icon Partly Cloudy

LVCVA OKs $3M for Pac-12 championship game at Allegiant Stadium

Updated August 13, 2019 - 2:39 pm

Allegiant Stadium is still a year away from opening, but on Tuesday the Las Vegas Convention and Visitors Authority board of directors authorized $3 million in upfront funding to stage the Pac-12 Conference Football Championship Game in 2020 and 2021.

It’s the first funded special event for the 65,000-seat, $1.9 billion indoor stadium, although other events, including the Las Vegas Bowl, are expected to use the venue once it opens in August 2020.

The Pac-12, a top-tier league of 12 universities in California, Oregon, Washington, Arizona, Utah and Colorado, opted in 2014 to stage its championship game on a neutral field and has scheduled it at Levi’s Stadium in Santa Clara, California.

Attendance has declined over the years, however, and the league expects staging the event in the new stadium in Las Vegas would boost attendance.

In a unanimous vote Tuesday, the LVCVA board authorized spending $1.5 million per year in an agreement with Allegiant Stadium, the Pac-12 and MGM Resorts International. The agreement commits the LVCVA to spend $1 million for the sponsorship, a team hotel guarantee of $300,000, a team food and beverage commitment of $100,000 and other game-related marketing.

The LVCVA is expected to recoup up to $400,000 from the other partners.

LVCVA President and CEO Steve Hill said he doesn’t expect to spend the entire $1.5 million per year because he anticipates a second hotel partner will opt in to the sponsorship.

“We are excited about this opportunity,” Hill told the board. “The destination has a great relationship with the Pac-12 and we are excited that we can expand to one of their marquee events.”

The game is expected to be played the first weekend in December prompting board member Lawrence Weekly, a Clark County commissioner, to inquire about the game being on the same weekend as the startup of the National Finals Rodeo.

Hill said he doesn’t expect there would be conflict with the rodeo and the football game in the city at the same time.

“There are 200,000 people over 10 days for the rodeo, or 20,000 people a day,” Hill said. “It does not tax the 150,000 hotel room capacity that Las Vegas has and while the NFR is a great event, it is still one of our more challenging weekends, so this is an opportunity to really change the face of that weekend.”

Hill said overlapping events are likely to become more common as promoters attempt to fill venues with new events.

He noted that broadening entertainment options would generate additional visits to Southern Nevada, adding that 140,000 seats exist in six different large venues within a one-mile radius of the intersection of Tropicana Avenue and Las Vegas Boulevard, all of them hoping to stage events that will appeal to a broad audience.

Last year, the 19-member Southern Nevada Sporting Event Committee discussed how the LVCVA should coordinate major citywide events while Las Vegas Events, the LVCVA’s privately held events promotion affiliate already has a series of scheduled events contracted, including the rodeo.

In other business, the board:

-Voted to spend $130,000 for LVCVA to exhibit at the World Travel Market in London Nov. 4-6.

-Agreed to spend $165,000 a year from 2020 through 2022 for a life insurance policy contract with Mutual of Omaha.

-Welcomed new board members Boulder City Mayor Kiernan McManus and Boyd Gaming executive Steve Thompson. North Las Vegas Mayor Pro-Tem Pamela Goynes-Brown was reappointed to the board and Wynn Las Vegas President Marilyn Spiegel was appointed vice chair of the board.

Contact Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Follow @RickVelotta on Twitter.

Don't miss the big stories. Like us on Facebook.
Business Videos
Live music and EDM dominate the night on day 2 of A’Le’Innstock
After sunset bands rocked the crowds at A’Le’Innstock in Rachel, Nevada on the second night of the event.
iPhone 11 Release
Local Las Vegas long time Apple product consumer shares her excitement for the new iPhone 11 release Downtown Summerlin. (Elizabeth Page Brumley/Las Vegas Review-Journal)
Lihi Levin talks about a mobil app Dropit - VIDEO
Lihi Levin, regional manager at Dropit Shopping, talks about a mobil app Dropit. The app lets customers leave their shopping bags at a store then have them delivered the same day to their home or hotel so they can shop without carrying multiple bags all day. (Bizuayehu Tesfaye Las Vegas Review-Journal) @bizutesfaye
North Las Vegas company prepares for Mars - VIDEO
Robert Bigelow and his Bigelow Aerospace manufacturing facility played host to eight NASA astronauts and 60 engineers this week getting to know the company’s B330 autonomous, expandable space station. (Elizabeth Brumley/Las Vegas Review-Journal)
Las Vegas developer talks about a new apartment complex called “the yoU”
Frank Marretti lll, founder of G2 Capital Development, talks about his new apartment complex called “the yoU” near UNLV. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
Steel cables will hoist roof at Allegiant Stadium - VIDEO
Stainless steel cables are being put into place at Allegiant Stadium to begin the process of putting the roof on the 65,000-seat stadium in Las Vegas. Stadium Chief Operating Officer Don Webb explains how the cables will be used to get the roof put on the future home of the Raiders and UNLV football. (Heidi Fang/Las Vegas Review-Journal)
The last remaining Sigma Derby game in Las Vegas
Derek Stevens, owner of the D Las Vegas, talks about the last remaining Sigma Derby horse racing game in Las Vegas inside his casino floor. (Erik Verduzco/Las Vegas Review-Journal)
Popeyes Spicy Chicken Sandwich Review
Janine Blake of Las Vegas gives her review of the new Popeyes Spicy Chicken Sandwich at the restaurant’s location on west Bonanza Road on Thursday, Aug. 22, 2019,
SuperZoo 2019 takes over Mandalay Bay in Las Vegas
SuperZoo 2019 show for pet retailers brought pet products of all description to the Mandalay Bay Convention Center in Las Vegas. (Heidi Knapp Rinella/Las Vegas Review-Journal)
MSG Sphere at The Venetian to cost $1.2B plus
Scheduled to open in 2021, it is expected to be busier than Madison Square Garden in New York. (Michael Quine/Las Vegas Review-Journal)
Favorite products from SuperZoo 2019
Some of the fun and interesting pet products on display at the SuperZoo in Las Vegas at the Mandalay Bay Convention Center. (L.E. Baskow/Las Vegas Review-Journal)
MAGIC Convention Day 3
The fashion trade show MAGIC, held Monday through Wednesday at the Las Vegas Convention Center. (Elizabeth Brumley/Las Vegas Review-Journal)
MAGIC Las Vegas - Day One
The biannual MAGIC convention show opened Monday at the Las Vegas Convention Center. (Elizabeth Brumley/Las Vegas Review-Journal)
Allegiant celebrates naming deal with tailgate party
Allegiant Air employees celebrate with a tailgate party after the company’s naming deal with the Raiders for the new Las Vegas stadium.
Nevada's sportsbook operators welcome competition
Sportsbook operators from near and far are looking to get into in the established Nevada market, experts say. (Las Vegas Review-Journal)
Get a first look of MSG Sphere construction in Las Vegas
Representatives of The Madison Square Garden Company give the first glimpse of progress Tuesday of the under-construction MSG Sphere — a first-of-its-kind performance venue with high-tech audio and visual capabilities.
There's a new place to play board games in Las Vegas
Matt Smiciklas, co-owner of Boarding School Games, talks about the new Las Vegas business that he co-owns with Emily Labejof. Dedicated tabletop gamers can choose from more than 500 games to play for free in-store. The doors open to the public Saturday, July 20, 2019. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Renovations at the STRAT
Analysts say the $140 million renovation project at The STRAT, formerly the known as the Stratosphere, could help the hotel-casino compete with the evolving north side of the Las Vegas Strip. (Bailey Schulz/Las Vegas Review-Journal)
SLS Las Vegas will become Sahara Las Vegas
Owner Alex Meruelo announced during a special event at the SLS Las Vegas that the hotel-casino will become Sahara Las Vegas in its next iteration. Meruelo said $150 million dollars will be spent to renovate the current property. (Heidi Fang/Las Vegas Review-Journal)
Aircraft hinge maker moves to "business friendly" Nevada
Doug Silva, president of Aircraft Hinge, Inc. in Las Vegas, makes every type of hinge for every type of airplane. Silva talks about his company and why he moved it to Nevada. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
THE LATEST
Hilton Hotels leader Barron Hilton dead at age 91

Hilton Hotels leader and philanthropist Barron Hilton played an influential role in Las Vegas gaming history, helping to bring “real legitimacy” to the industry on Wall Street, a retired company executive said Saturday.