The post Utah Mammoth Open New State-Of-The-Art Practice And Training Facility appeared on BitcoinEthereumNews.com. The home team locker room at the new Utah Mammoth Performance Center in Sandy, Utah Courtesy: Smith Entertainment Group In just over a year of operation, the NHL’s newest franchise has established a strong reputation for completing tasks on seemingly impossible timelines. The same holds true for the Utah Mammoth’s new practice and training facility, which is now open for business. With two NHL-size ice surfaces plus team support facilities and offices, players and staff were welcomed in last week, ahead of rookie camp and preparations for the Mammoth’s second season. Wednesday marked the facility’s official grand opening celebration. “The place is pretty spectacular,” said forward Alexander Kerfoot, who’s heading into his ninth NHL season. “I’ve been on a couple teams now and been through some facilities, and this is as good as it gets. We’re pretty lucky.” Utah Mammoth Practice Facility Player Gym Courtesy: Smith Entertainment Group Spanning 146,000 square feet, the building’s player amenities include a massive gym, extensive medical and recovery tools and technologies, equipment management areas, a state-of-the-art kitchen along with dining and lounge areas designed for optimal comfort and team cohesion — even an on-site barbershop. “We really tried to create a high-end residential feel to the non-training areas of the facility to make it feel like an extension of home, a place that everybody wants to be and to gather to spend time,” said Mammoth president Chris Armstrong from his new office, which overlooks the ice surface. “We’re going to spend more time here than just about anywhere else, and when you think about the profession we’re in and the hours and the days that you spend at the office, creating an environment where people get excited about having to go in to their place of work is important.” Utah Mammoth Practice and Training… The post Utah Mammoth Open New State-Of-The-Art Practice And Training Facility appeared on BitcoinEthereumNews.com. The home team locker room at the new Utah Mammoth Performance Center in Sandy, Utah Courtesy: Smith Entertainment Group In just over a year of operation, the NHL’s newest franchise has established a strong reputation for completing tasks on seemingly impossible timelines. The same holds true for the Utah Mammoth’s new practice and training facility, which is now open for business. With two NHL-size ice surfaces plus team support facilities and offices, players and staff were welcomed in last week, ahead of rookie camp and preparations for the Mammoth’s second season. Wednesday marked the facility’s official grand opening celebration. “The place is pretty spectacular,” said forward Alexander Kerfoot, who’s heading into his ninth NHL season. “I’ve been on a couple teams now and been through some facilities, and this is as good as it gets. We’re pretty lucky.” Utah Mammoth Practice Facility Player Gym Courtesy: Smith Entertainment Group Spanning 146,000 square feet, the building’s player amenities include a massive gym, extensive medical and recovery tools and technologies, equipment management areas, a state-of-the-art kitchen along with dining and lounge areas designed for optimal comfort and team cohesion — even an on-site barbershop. “We really tried to create a high-end residential feel to the non-training areas of the facility to make it feel like an extension of home, a place that everybody wants to be and to gather to spend time,” said Mammoth president Chris Armstrong from his new office, which overlooks the ice surface. “We’re going to spend more time here than just about anywhere else, and when you think about the profession we’re in and the hours and the days that you spend at the office, creating an environment where people get excited about having to go in to their place of work is important.” Utah Mammoth Practice and Training…

Utah Mammoth Open New State-Of-The-Art Practice And Training Facility

2025/09/18 06:59

The home team locker room at the new Utah Mammoth Performance Center in Sandy, Utah

Courtesy: Smith Entertainment Group

In just over a year of operation, the NHL’s newest franchise has established a strong reputation for completing tasks on seemingly impossible timelines. The same holds true for the Utah Mammoth’s new practice and training facility, which is now open for business.

With two NHL-size ice surfaces plus team support facilities and offices, players and staff were welcomed in last week, ahead of rookie camp and preparations for the Mammoth’s second season. Wednesday marked the facility’s official grand opening celebration.

“The place is pretty spectacular,” said forward Alexander Kerfoot, who’s heading into his ninth NHL season. “I’ve been on a couple teams now and been through some facilities, and this is as good as it gets. We’re pretty lucky.”

Utah Mammoth Practice Facility Player Gym

Courtesy: Smith Entertainment Group

Spanning 146,000 square feet, the building’s player amenities include a massive gym, extensive medical and recovery tools and technologies, equipment management areas, a state-of-the-art kitchen along with dining and lounge areas designed for optimal comfort and team cohesion — even an on-site barbershop.

“We really tried to create a high-end residential feel to the non-training areas of the facility to make it feel like an extension of home, a place that everybody wants to be and to gather to spend time,” said Mammoth president Chris Armstrong from his new office, which overlooks the ice surface. “We’re going to spend more time here than just about anywhere else, and when you think about the profession we’re in and the hours and the days that you spend at the office, creating an environment where people get excited about having to go in to their place of work is important.”

Utah Mammoth Practice and Training Facility Player Lounge

Courtesy: Smith Entertainment Group

After the NHL approved the establishment of a new franchise in Utah on Apr. 18, 2024, the organization had less than six months to get its hockey and business operations in place and complete the first phase of renovations of its main arena, the Delta Center, before their inaugural game on Oct. 8.

Co-founders Ryan and Ashley Smith of Smith Entertainment Group, which owns the Mammoth, also quickly got to work on a purpose-built practice facility. It’s located at The Shops at South Town — 20 minutes away from the Delta Center in Sandy, Utah and also in easy proximity to the residential areas where the Mammoth players are living.

On Aug. 1, 2024, SEG acquired The Shops at South Town property. Eleven days later, they broke ground on the space at the southeast end of the mall, where the practice and training facility now stands.

A capital project of this type could take a couple of years to complete. But the SEG brass promised the Mammoth players that the facility would ready in time for the team’s second season — and delivered. Designed by Salt Lake City-based Babcock Design and built by Layton Construction of Sandy, Utah with help from more than 50 Utah-based contractors, SEG reports that an average of 125 on-site workers per day put in more than 175,000 total labor hours to get the training and office facilities ready in less than 13 months.

“It’s really, really important to Ryan and to Ashley and to our organization that we do what we say we’re going to do, without any exceptions,” Armstrong said “We told the players we were going to have this built for this season and for the start of training camp. There was no other option but to do what we said we were going to do.”

That commitment carries significant weight for the players, especially after many of them came to Utah in 2024 after spending time mired in organizational uncertainty with long-troubled Arizona Coyotes organization.

Utah Mammoth captain Clayton Keller. (Photo by Connor Hamilton/NHLI via Getty Images)

NHLI via Getty Images

“It means everything,” said team captain Clayton Keller, who was drafted by the Coyotes in 2016 and spent eight seasons in Arizona. “Everything that they’ve promised has gotten done and there’s no shortcuts at all with it. We kind of weren’t sure if it was going to get done in time, but it’s perfect, and it’s awesome to see.”

For Ryan and Ashley Smith, the intent was to design a facility that could help players and staff deliver peak performance, and that would serve as a hub that helps elevate hockey and other ice sports throughout the community and the region.

“This new Utah Mammoth practice and training facility is one of the most tech-forward facilities in all of sports,” said the Smiths in a statement on Wednesday. “This facility represents our commitment to building a championship-caliber environment that positions the Utah Mammoth for long-term success in the NHL while connecting us more deeply to the community.”

One of two NHL-size ice sheets at the new Utah Mammoth practice facility.

Courtesy: Smith Entertainment Group

The facility’s retail space, concessions and public locker rooms are set to open early in 2026, when public skating and hockey programs will also begin.

“That is the core of what Brian and Ashley are about, and really the North Star for us as an organization,” Armstrong said. “There’s a much greater purpose and vision here, to serve Utah and unlock the full potential of Utah as a state and celebrate the amazing things and amazing people we have here.”

The goal of the organization’s no-stone-unturned approach to building out the best-available performance, medical, recovery and equipment tools in a space that is designed to encourage flow among all departments is to ingrain a ‘no excuses’ approach to all aspects of the Mammoth’s corporate culture.

“We’re going to provide the resources and support for everyone from players to staff to reach their full potential,” said Armstrong. “What can we provide in this facility is going to allow you to be the best you possibly can be in your role. The only limitation that you might have is the amount of effort that you’re willing to put forward.”

Early returns have been positive. Even while training at their temporary facility at the Utah Olympic Oval last season, the first-year Mammoth improved by 12 points in the standings from the 2023-24 Arizona Coyotes.

Saying he never felt better, physically, Keller hit a new career high of 90 points, then captained Team USA to its first gold medal since 1933 at the IIHF world championship in May.

“I think a lot goes into it,” Keller said. “Nutrition, and how you train and take care of your body — that’s something that I’ve always been really good with and figured out over the years, what I have to do to keep my body in good shape and healthy. I’m excited for the new space, with everything we need.”

NHL players might be multi-millionaires whose every need is anticipated and catered to, but humility remains a core value in hockey culture. As such, Keller’s training-facility wish list was simple.

“As long as there’s a hot tub, I’m usually pretty good,” he said.

Phase II of the Delta Center renovations are underway, to deliver more seating for hockey this season through a revolutionary new riser system that will put fans at the edge of the action in what might be the loudest barn in the NHL.

“Our players will get used to it,” Armstrong said. “I think visiting teams will find that it’s a little intimidating, in the best possible way. Fans are right on top of the action and certainly all around you.”

The Utah Mammoth will play their first home pre-season game on Thursday, Oct. 2. They’ll open the 2025-26 regular season with a three-game road trip, then play their home opener against the Calgary Flames on Wednesday, Oct. 15.

Source: https://www.forbes.com/sites/carolschram/2025/09/17/utah-mammoth-open-new-state-of-the-art-practice-and-training-facility/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unprecedented Surge: Gold Price Hits Astounding New Record High

Unprecedented Surge: Gold Price Hits Astounding New Record High

BitcoinWorld Unprecedented Surge: Gold Price Hits Astounding New Record High While the world often buzzes with the latest movements in Bitcoin and altcoins, a traditional asset has quietly but powerfully commanded attention: gold. This week, the gold price has once again made headlines, touching an astounding new record high of $3,704 per ounce. This significant milestone reminds investors, both traditional and those deep in the crypto space, of gold’s enduring appeal as a store of value and a hedge against uncertainty. What’s Driving the Record Gold Price Surge? The recent ascent of the gold price to unprecedented levels is not a random event. Several powerful macroeconomic forces are converging, creating a perfect storm for the precious metal. Geopolitical Tensions: Escalating conflicts and global instability often drive investors towards safe-haven assets. Gold, with its long history of retaining value during crises, becomes a preferred choice. Inflation Concerns: Persistent inflation in major economies erodes the purchasing power of fiat currencies. Consequently, investors seek assets like gold that historically maintain their value against rising prices. Central Bank Policies: Many central banks globally are accumulating gold at a significant pace. This institutional demand provides a strong underlying support for the gold price. Furthermore, expectations around interest rate cuts in the future also make non-yielding assets like gold more attractive. These factors collectively paint a picture of a cautious market, where investors are looking for stability amidst a turbulent economic landscape. Understanding Gold’s Appeal in Today’s Market For centuries, gold has held a unique position in the financial world. Its latest record-breaking performance reinforces its status as a critical component of a diversified portfolio. Gold offers a tangible asset that is not subject to the same digital vulnerabilities or regulatory shifts that can impact cryptocurrencies. While digital assets offer exciting growth potential, gold provides a foundational stability that appeals to a broad spectrum of investors. Moreover, the finite supply of gold, much like Bitcoin’s capped supply, contributes to its perceived value. The current market environment, characterized by economic uncertainty and fluctuating currency values, only amplifies gold’s intrinsic benefits. It serves as a reliable hedge when other asset classes, including stocks and sometimes even crypto, face downward pressure. How Does This Record Gold Price Impact Investors? A soaring gold price naturally raises questions for investors. For those who already hold gold, this represents a significant validation of their investment strategy. For others, it might spark renewed interest in this ancient asset. Benefits for Investors: Portfolio Diversification: Gold often moves independently of other asset classes, offering crucial diversification benefits. Wealth Preservation: It acts as a robust store of value, protecting wealth against inflation and economic downturns. Liquidity: Gold markets are highly liquid, allowing for relatively easy buying and selling. Challenges and Considerations: Opportunity Cost: Investing in gold means capital is not allocated to potentially higher-growth assets like equities or certain cryptocurrencies. Volatility: While often seen as stable, gold prices can still experience significant fluctuations, as evidenced by its rapid ascent. Considering the current financial climate, understanding gold’s role can help refine your overall investment approach. Looking Ahead: The Future of the Gold Price What does the future hold for the gold price? While no one can predict market movements with absolute certainty, current trends and expert analyses offer some insights. Continued geopolitical instability and persistent inflationary pressures could sustain demand for gold. Furthermore, if global central banks continue their gold acquisition spree, this could provide a floor for prices. However, a significant easing of inflation or a de-escalation of global conflicts might reduce some of the immediate upward pressure. Investors should remain vigilant, observing global economic indicators and geopolitical developments closely. The ongoing dialogue between traditional finance and the emerging digital asset space also plays a role. As more investors become comfortable with both gold and cryptocurrencies, a nuanced understanding of how these assets complement each other will be crucial for navigating future market cycles. The recent surge in the gold price to a new record high of $3,704 per ounce underscores its enduring significance in the global financial landscape. It serves as a powerful reminder of gold’s role as a safe haven asset, a hedge against inflation, and a vital component for portfolio diversification. While digital assets continue to innovate and capture headlines, gold’s consistent performance during times of uncertainty highlights its timeless value. Whether you are a seasoned investor or new to the market, understanding the drivers behind gold’s ascent is crucial for making informed financial decisions in an ever-evolving world. Frequently Asked Questions (FAQs) Q1: What does a record-high gold price signify for the broader economy? A record-high gold price often indicates underlying economic uncertainty, inflation concerns, and geopolitical instability. Investors tend to flock to gold as a safe haven when they lose confidence in traditional currencies or other asset classes. Q2: How does gold compare to cryptocurrencies as a safe-haven asset? Both gold and some cryptocurrencies (like Bitcoin) are often considered safe havens. Gold has a centuries-long history of retaining value during crises, offering tangibility. Cryptocurrencies, while newer, offer decentralization and can be less susceptible to traditional financial system failures, but they also carry higher volatility and regulatory risks. Q3: Should I invest in gold now that its price is at a record high? Investing at a record high requires careful consideration. While the price might continue to climb due to ongoing market conditions, there’s also a risk of a correction. It’s crucial to assess your personal financial goals, risk tolerance, and consider diversifying your portfolio rather than putting all your capital into a single asset. Q4: What are the main factors that influence the gold price? The gold price is primarily influenced by global economic uncertainty, inflation rates, interest rate policies by central banks, the strength of the U.S. dollar, and geopolitical tensions. Demand from jewelers and industrial uses also play a role, but investment and central bank demand are often the biggest drivers. Q5: Is gold still a good hedge against inflation? Historically, gold has proven to be an effective hedge against inflation. When the purchasing power of fiat currencies declines, gold tends to hold its value or even increase, making it an attractive asset for preserving wealth during inflationary periods. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin’s price action. This post Unprecedented Surge: Gold Price Hits Astounding New Record High first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:30
Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
Tom Lee’s BitMine Announces 2026 ETH Staking Plans Amid $4B Treasury Loss

Tom Lee’s BitMine Announces 2026 ETH Staking Plans Amid $4B Treasury Loss

The post Tom Lee’s BitMine Announces 2026 ETH Staking Plans Amid $4B Treasury Loss appeared on BitcoinEthereumNews.com. BitMine plans to start a network of Ethereum validators built in the U.S. This comes even as the company’s treasury is facing billions in unrealized losses due to the market crash. BitMine Pushes Ahead With 2026 ETH Staking Plans In a recent press release, the treasury firm announced that it is launching the Made in America Validator Network (MAVAN). This will help the firm stake its ETH treasury. The company also stated that it has selected three pilot partners to test the program with a small amount of its ETH. We plan to partner with one or more of these pilot partners plus world-class infrastructure providers to scale our own “Made in America Validator Network” (MAVAN) over the coming quarter,” he said. These early-stage tests are designed to test node performance and service quality before deployment. Tom Lee said the company plans to scale MAVAN via partnerships with top-tier infrastructure providers. “BitMine continues to execute at the highest level. The company is well positioned in 2026 and we look forward to commencing ETH staking with our MAVAN, or Made in America Validator Network, in early calendar 2026,” he said. This staking plan has arrived at a particularly difficult moment for the firm. It has about $4 billion in unrealized losses left from the crypto crash. The shares of BMNR have also fallen 84% from their high back in July. It has erased the premium that was once attached to its net asset value. Source: Yahoo Finance Despite the crash, the company has continued adding to its ETH treasury. Tom Lee has repeatedly called the dip a “golden opportunity.” He argued that accumulating assets during periods of decline is what will make the strategy profitable for the company. Tom Lee Says ETH Weakness Mirrors Earlier Liquidity Shocks Lee said that Ethereum’s…
Share
BitcoinEthereumNews2025/11/22 17:51