The Oakland Athletics’ ownership found a means to expand their spending after slashing their salary for the previous two years by purchasing land in Las Vegas, which will become the location of a new ballpark for the team.
The Nevada Independent’s Howard Stutz and Tabitha Mueller were the first to disclose that the A’s were close to signing a legally binding agreement to erect a $1 billion park north of Allegiant Stadium, the home of the Las Vegas Raiders.
The team concluded a deal for the 49-acre property last week for a stadium with a seating capacity of 30,000 to 35,000 with the intention of moving to Las Vegas by 2027, according to Josh Dubow of the Associated Press. The announcement was made on Wednesday night, according to Dave Kaval, the president of the Athletics.
It’s undoubtedly a significant milestone for us, according to Kaval. “We worked in Las Vegas for nearly two years to try to find a location that works for a long-term home. A key step is to choose a location and get a purchase agreement.
It’s undoubtedly a significant milestone for us, according to Kaval. “We worked in Las Vegas for nearly two years to try to find a location that works for a long-term home. A key step is to choose a location and get a purchase agreement.
“I am extremely unhappy that the A’s have decided not to engage in genuine partnership-based negotiations with the City of Oakland that respect the long-standing bond between the team, the city, and the fans. In our efforts to come to a mutually advantageous agreement to keep the A’s in Oakland, the City has gone above and beyond. We’ve made great progress in finalizing the deal over the past three months.
“However, it is obvious to me that the A’s have no intention of remaining in Oakland and have only been utilizing this process to attempt to get a better deal from Las Vegas. I have no desire to keep playing that game; the spectators and our citizens deserve better. I am tremendously proud of everything our City has accomplished, including obtaining a site with full entitlements and investing over $375 million in new infrastructure that will benefit Oakland and its Port for countless generations.
“I will not put our inhabitants’ safety and wellbeing at risk during a period of budget shortages. We are ending negotiations and moving forward with finding alternatives for the redevelopment of Howard Terminal in light of these facts.
According to Mick Akers of the Las Vegas Review-Journal, the new stadium will be situated in relation to other well-known sites in the city, such as Allegiant Stadium and T-Mobile Arena.
The A’s have been open about their desire to relocate from Oakland, with Vegas being the favored location.
According to MLB Commissioner Rob Manfred, the league eventually wants to have 32 teams, but before doing so, he wants to see the stadium issues in Oakland and Tampa Bay handled.
Although there is need for it, he added, “Oakland and Tampa need to be resolved first.”
Shortly after making those remarks, Manfred stated it didn’t seem like the A’s will remain in Oakland during an appearance on SiriusXM MLB Network Radio.
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