Las Vegas group makes bid to relocate MLS' Vancouver Whitecaps - ESPN

Grant Gustavson, the son of billionaire Tamara Gustavson, is leading an investor group that has made a formal offer to acquire the Vancouver Whitecaps and relocate the team to Las Vegas, a spokesperson for the group confirmed to ESPN.

Gustavson, 30, is a Las Vegas resident and the offer, which would need to be accepted by the Whitecaps owners and approved by the MLS board of governors, includes a plan to build a stadium in that city.

The team would play at a temporary venue until the stadium project is completed. The spokesperson declined to specify where the team would play initially.

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News of the bid was first reported by Sportico.

Tamara Gustavson is the largest shareholder of Public Storage, with a current net worth of $8.6 billion. She is the daughter of B. Wayne Hughes, who founded the company.

«The investment group will privately finance this endeavor and is not connected to any of the recently announced arena ideas in Las Vegas,» Gustavson's group said in a statement. «In the coming weeks and months, we look forward to the opportunity to share more, however, out of respect for the league's deliberations and community stakeholders, we are refraining from sharing details of our proposal.

»We look forward to continuing to work for a positive outcome for the game, the fans, the league and Las Vegas."

Gustavson earned a bachelor's degree in business administration in real estate finance from the University of Southern California Marshall School of Business. He was among those who started working with USC's athletic department to establish their NIL department. He has also worked with the basketball coaching