LVCVA Authorizes $3M For Pac-12 Champ Game At Allegiant Stadium
The Las Vegas Convention & Visitors Authority BOD authorized $3M in "upfront funding to stage the Pac-12 Conference Football Championship Game" in '20 and '21, according to Richard Velotta of the LAS VEGAS REVIEW-JOURNAL. The agreement with Allegiant Stadium, the Pac-12 and MGM Resorts Int'l "commits the LVCVA to spend" $1M 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 CEO Steve Hill said that he "doesn't expect to spend" the entire $1.5M per year. The game is "expected to be played the first weekend in December" (LAS VEGAS REVIEW-JOURNAL, 8/14).