The team is owned by Black Knight Sports & Entertainment, a consortium led by Bill Foley,[1][2] and plays its home games at T-Mobile Arena on the Las Vegas Strip in Paradise, Nevada.
[4] McPhee led the franchise through its expansion draft in 2017, followed by a historic inaugural season that resulted in a Pacific Division championship and an appearance in the 2018 Stanley Cup Finals;[5][6] he subsequently received the NHL General Manager of the Year Award after the season.
[7] During the 2018–19 season, McPhee additionally acquired future captain Mark Stone from the Ottawa Senators via trade.
[15] McCrimmon became known for aggressive trades during his tenure;[8][16][17] while general manager, Vegas traded away three of their four first-round prospects drafted between 2019 and 2023,[18] as well as the franchise's first-round picks in 2022, 2025, and 2026, in order to acquire players such as Jack Eichel, Ivan Barbashev, Noah Hanifin, and Tomas Hertl.
[a] McCrimmon's actions sometimes caused controversy, including trading away Vezina Trophy winner Marc-Andre Fleury in order to create salary cap space for other contracts,[23][24] as well as a voided trade, with an attempt to send Evgenii Dadonov to the Anaheim Ducks falling through due to non-compliance with Dadonov's no-trade clause.