SPORTS BUSINESS JOURNAL: Legends Puts Large Stamp on SoFi Stadium, Allegiant Stadium
As SoFi and Allegiant stadiums prepare to open, the depth of work by Legends on the projects has fully come into focus, including previously undisclosed details about the company’s involvement at SoFi on retail, technology and its food and beverage program.
With Allegiant Stadium announcing that no fans will be allowed at Las Vegas Raiders games this season, and SoFi Stadium announcing the same at least at the start, the extent of Legends’ work won’t be fully functioning as expected. Still, the projects gave Legends the opportunity to demonstrate the depth of its expertise.
Legends President and CEO Shervin Mirhashemi said the company was involved in both projects early on from a feasibility and planning standpoint. Later, he said, “we then were engaged with each one of those projects separately, it was really about activating our full 360 capabilities to work on two iconic, state-of-the-art NFL projects, arguably two of the greatest stadiums in the world at the exact same time.”
Legends’ involvement with SoFi Stadium was more extensive compared to its work on Allegiant, which was primarily focused on partnerships and its naming-rights deals, and a sold-out personal seat license campaign that garnered the Raiders $549 million in revenue ahead of the 2020 NFL season.
Legends is also handling the Rams’ and Chargers’ PSL campaign, which has generated more revenue than Allegiant’s thus far, but the venue’s reported sales targets have been less than expected, according to previous reports.
At SoFi, Legends handled the stadium’s $30 million-a-year naming-rights deal and project management of the adjacent 300-acre Hollywood Park entertainment district, which will have a performance venue, retail and office space, residential units and green spaces.
SoFi’s Stadium’s food and beverage program for premium and general concessions areas will be representative of Los Angeles’ diverse culinary offerings and will be inspired by the indoor and outdoor aesthetics of the aviation-inspired stadium.
“We’re going to be authentic to this vast culinary culture in Los Angeles that spans 18 to 19 million people across all walks of life,” Mirhashemi said. “So, I think what you’ll see ultimately when fans are allowed in there … you’ll see just this really unique, diverse, innovative approach to food and beverage.”
Legends also plans to roll out a customized and immersive VIP tour program for SoFi Stadium.
“That’s going to connect the applicable fan to their favorite team and go really behind the scenes of what this state-of-the-art stadium is all about,” Mirhashemi said. “So, how do you experience that venue from the perspective of the player, a broadcaster or potentially, and obviously, as a fan?”
On the retail front, SoFi stadium will feature a 7,000-square-foot retail store catering to Rams and Chargers fans. “There will be two different floors and obviously we’ll have exclusive items that we’re going to have only specifically at that location for both the teams,” Mirhashemi said.
When it comes to the disappointment of not being able to showcase Legends’ work on SoFi and Allegiant stadiums because of the absence of fans, Mirhashemi is still excited for the future.
“I would say life is a marathon, it’s not a sprint, and these venues weren’t built for 2020 only, they were built to be pillars of their respective communities and really examples of what the art-of-the-possible is,” he said. “They will have their moments to open, and hopefully, that’s going to be sooner than later in the next few months.”