https://thenevadaindependent.com/articl ... -financingThe Oakland A’s spent nearly two years identifying a location for a $1.5 billion stadium and entertainment complex in Las Vegas. But now the team and state lawmakers have a month and a half window before the legislative session ends to hammer out details of a $500 million public financing contribution toward a 35,000-seat retractable roof ballpark near Tropicana Avenue and Interstate 15.
Though there is a rough outline of a proposal for the potential relocation of the A’s to Las Vegas, no formal legislation has been introduced or requested, and state lawmakers have not received specifics or made any commitment to support the project. Without a deal approved by lawmakers, the A’s could withdraw from the agreement to purchase land for the stadium site and choose not to relocate to the Silver State.
If an incentive package is not agreed to by the end of the legislative session on June 5, state officials may be forced to call a special session to move forward with the relocation deal before Major League Baseball’s self-imposed deadline of Jan. 1, 2024, to sign off on the deal.
The A’s need to have a financing package in place before submitting its request to relocate the franchise from Oakland to Las Vegas.
The A’s are investing $1 billion into the project and are asking state lawmakers to create an “incentive program” in which tax dollars created by the stadium and its surrounding amenities are directed into a fund to pay off $500 million in public bonds that would be issued by Clark County.
Unlike the $750 million in public money used for Allegiant Stadium — which is being paid off through hotel room taxes in the Las Vegas Strip corridor — the A’s stadium public financing would come from sales taxes and other fees paid by consumers at the venue and the surrounding attractions within the 49-acre site, Jeremy Aguero, founder of Las Vegas advisory firm Applied Analysis that is consulting with the A’s, told The Nevada Independent.
“Obviously, there's been a lot of conversations but there are a lot of moving parts that have to be perfected in order to make that work,” Aguero said. “A ton of work has been done by the A's as well as folks at the state and local governments. The A's are willing to make that kind of investment here because they believe in that level of effort.”
In an interview with The Nevada Independent on Thursday, A’s President David Kaval said the actual nature of a public-private partnership between the team, the state and Clark County “is not fully established.”
What Happens in Vegas: A’s in Vegas
Re: What Happens in Vegas: A’s in Vegas
Not altogether gone, done dealwise…
Hope for the best. Expect the Mets.
Re: What Happens in Vegas: A’s in Vegas
I'm curious to see if the outrage changes minds
Re: What Happens in Vegas: A’s in Vegas
True , there is one A's fan on Twitter that's outraged 🤣 Casey is giving them hell
Re: What Happens in Vegas: A’s in Vegas
The average guy has very little idea how to engage the levers of power when corporations and government get in bed.
Got my hair cut correct like Anthony Mason
Re: What Happens in Vegas: A’s in Vegas
My younger brother has been a true A's fan since Charley O and is threatening to disown them after they move
I hope he relents
We had a great family rivalry during the 73 series
I hope he relents
We had a great family rivalry during the 73 series
Diabetic Squirrel
- Frayed Knot
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Re: What Happens in Vegas: A’s in Vegas
Were Oakland fans outraged when the A's left Kansas City?
A move to Vegas will make the Athletics the first MLB franchise to call four different cities home.
A move to Vegas will make the Athletics the first MLB franchise to call four different cities home.
Posting Covid-19 free since March of 2020
Re: What Happens in Vegas: A’s in Vegas
Did any Philadelphia A's fans care when they left for Kansas City as much as New York and Brooklyn fans felt when their teams left for the West Coast?Frayed Knot wrote: ↑Fri Apr 21, 2023 12:50 pm Were Oakland fans outraged when the A's left Kansas City?
I wonder.
But they're Philadelphians, so I don't feel for them.
Later
“The measure of a man is what he does with power”- Plato
Apparently one did. He can't get away from the tell.
I have never insulted anyone. I simply describe them, accurately.
Apparently one did. He can't get away from the tell.
I have never insulted anyone. I simply describe them, accurately.
- batmagadanleadoff
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Re: What Happens in Vegas: A’s in Vegas
What's the difference even if there is outrage? What can outraged Oakland fans do? Boycott the remaining A's games? Threaten to burn down the city? Vote out some pols? That's never worked before. (I mean the last suggestion.)
- Frayed Knot
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Re: What Happens in Vegas: A’s in Vegas
Was disappointed to learn that LV NV is on Pacific rather than Mountain time so this move Won't also allow them to complete the first ever four time zone Bingo.Frayed Knot wrote: ↑Fri Apr 21, 2023 12:50 pm A move to Vegas will make the Athletics the first MLB franchise to call four different cities home.
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- Benjamin Grimm
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Re: What Happens in Vegas: A’s in Vegas
Maybe they can consider Cheyenne, Wyoming instead.
Re: What Happens in Vegas: A’s in Vegas
It still allows for a Mountain-ish road swing of three inland western cities of Denver, Arizona, and Las Vegas.
It would leave five West Coast franchises for the time being.
It would leave five West Coast franchises for the time being.
Got my hair cut correct like Anthony Mason
Re: What Happens in Vegas: A’s in Vegas
Not a problem, I try to disguise my humor/sarcasm.Marshmallowmilkshake wrote: ↑Thu Apr 20, 2023 10:48 pm I totally missed that you were kidding! Oops.
Re: What Happens in Vegas: A’s in Vegas
I lived in the Bay Area for fifteen years and went to a lot of games there. It really is a horrible stadium. Even then they were hurting for attendance, and the teams were good. On Wednesday afternoons they had "dollar days" where you could get tickets for a buck each---my buddy and I would buy five each and spread out with our toddlers and all their shit. At least when the Giants played in Candlestick there was comparative parity--both parks sucked. But when the Giants moved to that gorgeous stadium in the city while the A's rotted in the Coliseum there was a real awakening among the fanbase that they just didn't matter to ownership, or the city, or MLB. I hope they retain the green and gold when they move to Vegas and not trade it for something shiny and metallic.
- Frayed Knot
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Re: What Happens in Vegas: A’s in Vegas
Yeah, they're the only green uni team in MLB, no one else has it even as a secondary color, so they should hold on to that uniqueness. There are already too many reds and blues.
Although, seeing as how it'll be Vegas, maybe they'll darken it somewhat so that it resembles money green.
Although, seeing as how it'll be Vegas, maybe they'll darken it somewhat so that it resembles money green.
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- Johnny Lunchbucket
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Re: What Happens in Vegas: A’s in Vegas
It seems like they'd sooner change Athletics to Aces
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Re: What Happens in Vegas: A’s in Vegas
Which is already the WNBA team's name.Johnny Lunchbucket wrote: ↑Sat Apr 22, 2023 9:58 am It seems like they'd sooner change Athletics to Aces
How original of them.
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- batmagadanleadoff
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Re: What Happens in Vegas: A’s in Vegas
Of course they don't matter. The idea that fans matter to the owners is a naive and childlike notion. From the owners' POV, fans are fungible and as addicted to baseball as cigarette smokers are to tobacco and nicotine. Owners want fans to buy tickets, pay to park their cars and to scarf down as many hot dogs as they can in one game. The A's owner couldn't give a flying fuck whether the fans buying those tickets and hot dogs go back to their Oakland residences after the game or to their Las Vegas homes after the game. Fans are fungible. This shouldn't be new or shocking to any adult. If the Mets or the Yankees couldn't average more than 10,000 fans per game for years and years and years, they'd also eventually move to Vegas.
The Oakland Raiders left Oakland a few years ago. And no team is more Oakland than the Raiders.
Moving the A's to Vegas on the other hand, because there's too much foul territory in the stadium, now that's idiotic.
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Re: What Happens in Vegas: A’s in Vegas
I think (believe) the fans matter to the Mets new owner. And you love him.batmagadanleadoff wrote: ↑Sat Apr 22, 2023 1:49 pmOf course they don't matter. The idea that fans matter to the owners is a naive and childlike notion.
Or you love his billions. Not sure, but who can be sure what you mean or think.
If to some degree he doesn't care, it's certainly not to point of fungible this and
fungible that and everything else negative in your speech.
I believe Uncle Steve would approve this post.
#lgm #ygb #ymdyf
Re: What Happens in Vegas: A’s in Vegas
it's not like the Baltimore Orioles remained the Orioles when they moved to NYC, they became the Highlanders and eventually the Yankees...The Expos became the Nationals...The Browns became the Orioles (and the Ravens)...the Pilots became the Twins...etcJohnny Lunchbucket wrote: ↑Sat Apr 22, 2023 9:58 am It seems like they'd sooner change Athletics to Aces
- Benjamin Grimm
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Re: What Happens in Vegas: A’s in Vegas
Pilots became the Brewers. Senators became the Twins.
It would be a shame if the "Athletics" name was lost to history, but yes, it could happen.
It would be a shame if the "Athletics" name was lost to history, but yes, it could happen.
- batmagadanleadoff
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Re: What Happens in Vegas: A’s in Vegas
Yes, I agree -- Cohen's an exception. But otherwise, I'd say that my post mostly holds true. I mean, even NYC once lost not one but two baseball teams -- and in the same year, no less.kcmets wrote: ↑Sat Apr 22, 2023 4:56 pmI think (believe) the fans matter to the Mets new owner. And you love him.batmagadanleadoff wrote: ↑Sat Apr 22, 2023 1:49 pmOf course they don't matter. The idea that fans matter to the owners is a naive and childlike notion.
Or you love his billions. Not sure, but who can be sure what you mean or think.
If to some degree he doesn't care, it's certainly not to point of fungible this and
fungible that and everything else negative in your speech.
I believe Uncle Steve would approve this post.
Re: What Happens in Vegas: A’s in Vegas
Joan Whitney Payson loved me so much that it almost hurt.
Got my hair cut correct like Anthony Mason