The Las Vegas Aces basketball team is owned primarily by Mark Davis, who is also the owner of the NFL's Las Vegas Raiders. He bought the team in January 2021 from MGM Resorts for about $2 million. Mark Davis has heavily invested in the franchise, including a $40 million practice facility specifically for the Aces. In addition to Davis, NFL legend Tom Brady purchased a minority ownership stake in the team in March 2023, enhancing the team's profile and support. The ownership includes Mark and Carol Davis along with Tom Brady as a minority owner. The team's valuation has skyrocketed since the acquisition, reaching around $310 million as of mid-2025.
