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Krause Sports & Entertainment

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Krause Sports & Entertainment
Company typePrivate
IndustryProfessional sports, property management, entertainment
FoundedApril 17, 2023
FounderVernon Krause
Key people
Vernon Krause
Marie Krause
Frank Ferrara
Jonathan Potts
OwnerVernon Krause

Krause Sports and Entertainment (KSE) is an American sports company based in Forsyth County, Georgia. This group was formed by avid hockey fan Vernon Krause and the company intends to bring an National Hockey League back to Atlanta for the first time since the Atlanta Thrashers relocated to Winnipeg in 2011.

KSE is currently in the process of trying to build a brand new sports and entertainment hub called The Gathering at South Forsyth, in order to get an potential NHL team in Forsyth County.

History

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On April 17, 2023, Vernon Krause officially announced his new company, Krause Sports and Entertainment and announced plans to build an entertainment center called The Gathering at South Forsyth which included an arena built for a potential NHL team. If built, the arena would sit 18,973 for hockey and 20,000 for concerts.[1] A week later, on April 25, the Forsyth County Board approved plans to move forward with the project.[2]

In March 2024, KSE revealed details on the cost of the arena came out which said that the arena would cost $700 million and that ASM Global would manage the arena, a group that has managed other arenas such as, T-Mobile Arena and Crypto.com Arena.[3]

Also in March, former NHL player Anson Carter and his new group Alpharetta Sports & Entertainment revealed a competing bid for a potential third Atlanta NHL team; Carter's proposal would be located at the site of the North Point Mall, seven miles south of The Gathering site.[4]

In September 2024, it was reported by Andy Strickland that for the upcoming board of governors meeting regarding expansion, Atlanta was one of the leading candidates for expansion, with Vernon Krause's bid being the frontrunner for the city.[5][6][7]

References

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  1. ^ "Planned Forsyth County development could feature 750,000-square-foot arena". Atlanta News First. April 17, 2023. Retrieved March 20, 2024.
  2. ^ "EXCLUSIVE: $1 billion arena with development bigger than the Battery proposed in north metro". 26 September 2023.
  3. ^ "The Gathering at South Forsyth selects group that manages Las Vegas, LA arenas to help develop arena". WSB-TV. March 14, 2024. Retrieved March 20, 2024.
  4. ^ "Group makes formal move to bring NHL expansion team to metro Atlanta | Here's where they want it". 12 March 2024.
  5. ^ https://www.msn.com/en-ca/sports/nhl/report-nhl-to-approve-expansion-today-with-2-frontrunners/ar-AA1qQPjc
  6. ^ Fischer, John (22 September 2024). "The Next NHL Expansion Process has Begun; Let's Talk About It". All About The Jersey. Retrieved 23 September 2024.
  7. ^ "The Next Two NHL Expansion Teams Appear to Have Been Identified". MapleLeafsDaily. Retrieved 23 September 2024.
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