The L.A. Times ran an article on progress on Las Vegas’s new arena on Saturday for some reason — possibly because AEG, owner of the Kings, is building it, or possibly just because it was Saturday and they needed to fill space — and there are two main reasons to click through:
- A promise of a link to a time-lapse construction video, though all I could find was a webcam of what the arena looks like right now and a video of the groundbreaking that mostly featured a woman in a bikini and a giant shovel.
- This wonderfully glass-half-full observation, buried in the final paragraph: “Selling hockey in Las Vegas will present challenges in a city built on gambling and lofty dreams, especially after the novelty of a new franchise wears off, and other professional sports leagues are sure to monitor this venture closely. Las Vegas has always been good at reinventing itself, and transforming itself into a hockey city might be its boldest experiment yet.”
Translation: Hockey in the desert hasn’t worked well before, and Las Vegas is a heck of a lot smaller than Phoenix, but Vegas has shown a propensity for just tearing stuff down that doesn’t work and building new stuff, so sure, why not give it a try? I’m still a bit puzzled why AEG is going ahead with funding a $350 million arena with its own money when it’s only projecting at best 140 events a year at the place, and 200 is the more typical breakeven point, but hey, it’s not my money. So long as they don’t ask for a bailout if and when it doesn’t work, that is.