Weather     Live Markets

The Oakland Athletics are planning to build a $1.5 billion stadium in Las Vegas, with about $500 million of the funding being sought from an investment firm, Galatioto Sports Partners. Taxpayers in Nevada are responsible for $380 million of the funding, and the stadium is expected to open in 2028, a year later than originally planned. The investors of the firm would hold minority stakes in the franchise, and the stadium will seat 33,000 fans with an 18,000-square-foot video board.

To accommodate the construction of the stadium, the A’s will play in Sacramento at the home of the San Francisco Giants’ Triple-A affiliate from 2025 to 2027. The new stadium will be built on nine acres of a 35-acre site owned by Bally’s on Tropicana Avenue and Las Vegas Boulevard, with plans for 2,500 parking spots and nearby garages for fans to use. The franchise had faced criticism for the move, with even the mayor of Las Vegas expressing doubts on the team’s plans and suggesting they should find a way to stay in Oakland.

In their final season in the Bay Area, the A’s have shown improvement with a 13-17 record, compared to a 6-24 record through 30 games last year. The stadium will be situated in a prime location, where the Tropicana resort will be demolished to make room for the new facility. This move marks a significant transition for the franchise, as they look to establish a new home in Las Vegas and build a state-of-the-art stadium for their fans to enjoy.

Despite facing some challenges and criticism, the A’s are moving forward with their plans to build the Las Vegas stadium, with the goal of creating a modern venue for their games. The investment firm involved in securing funding for the project has experience working with other major sports teams, and the A’s are aiming to complete the stadium by 2028. As the team prepares for their relocation, they are focused on ensuring a smooth transition for players and fans, as they look forward to a new era in Las Vegas.

Share.
Exit mobile version