“Sometimes it takes a grand madness to have the vision to build a place that we’ve never experienced before,” Bono said of Sphere in late 2023 when his band, U2, opened the technological marvel in the desert.
Sometimes it also takes a boatload of cash.
The grand madman behind the 360-foot wonder on the Strip is billionaire James Dolan (owner of the New York Knicks and Madison Square Garden), who didn’t blink when the construction costs of Sphere ballooned from the original estimate of $1.2 billion to what ended up totaling $2.3 billion before the first note was plucked.
Why did it cost Dolan, the son of billionaire Cablevision pioneer Charles Dolan who founded HBO, so much money?
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