Las Vegas’ MGM Grand Garden Arena could host venue for the 2022 Grammys after the Recording Academy decided to move the show's date.
That could mean a major financial concession for Recording Academy, which generates millions of dollars in sales each year leasing Crypto.com Arena’s 172 suites for “music’s biggest night,” sources tell. But moving the Grammys to the spring leaves the awards with few good venue options. While a springtime ceremony should be enough time for the current coronavirus surge to pass, it eliminates Crypto.com Arena and nearly every major professional sports arena in the country.
Both the NHL and the NBA require every team in their respective leagues to hold all of April, May and most of June for playoff games and championships. There are exceptions for teams with no chance of making the postseason, but since opening in 1999, one of Crypto.com Arena’s three tenant teams have always made the playoffs. MGM Grand Garden Arena has no sports tenants.
The Recording Academy typically needs 12 to 14 days to build the production, and the Academy’s 2019 contract accommodates the nearly two-week stretch by having the NBA’s Lakers and Clippers and the NHL’s Kings take extended road trips while the Recording Academy is using the building. The contract also extends the Academy’s right to sell Crypto.com Arena’s suite inventory, which earns the academy approximately $5 million annually, sources tell.
The Honda Center in Anaheim has a tenant NHL team and faces the same availability restrictions. The Forum in nearby Inglewood is busy with seven concerts on its calendar that month including three shows, and does not have suites. The new SoFi Stadium in Inglewood where the NFL’s Chargers and Rams play, and where the Super Bowl is scheduled for Feb.
Even in Vegas, finding a venue isn’t easy. T-Mobile Arena has about 50 suites and would serve as an excellent host venue for the Grammys if it weren’t home to the first-place Golden Knights hockey team who are expected to go deep into the playoffs and contend for the Stanley Cup.
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