If the A’s model their plan after the NFL’s Raiders and NHL’s Golden Knights, they should have no problem filling the seats, according to Alan Hoffman, partner at Winston and Strawn.
Athletics
Although Senate Bill 1 could provide the Oakland Athletics up to $380 million toward constructing a planned $1.5 billion Las Vegas ballpark, it is unlikely the team uses that full amount.
The NSEA said it formed a political action committee, “Schools Over Stadiums,” to oppose public funding for the proposed baseball stadium.
The governor’s signature on the legislation ends a lengthy process in which the A’s sought to move from their longtime home in the Bay Area.
The redevelopment of the Tropicana property is long overdue, said Bally’s Corp. chairman Soo Kim. The company is eager to get that underway as soon as possible.
A bill to provide $380 million in public funding for a new baseball stadium in Las Vegas that will play host to the Oakland A’s was approved by the Nevada Legislature.
The Nevada Assembly is set to hold an “informational hearing” on a $380 million public funding package for a proposed Las Vegas baseball stadium to house the Oakland A’s.
The Legislature has adjourned until Monday, after the Senate on Thursday failed to take action on the Oakland A’s stadium proposal that is the subject of the current special session.
State senators peppered supporters of the Oakland A’s stadium project with questions during a hearing in a special session. A vote could come Thursday.
Gov. Joe Lombardo has signed a proclamation to convene the Legislature at 10 a.m. Wednesday to take up public funding for a proposed A’s ballpark.
Despite the team’s lease at the Oakland Coliseum being up after next season, the Athletics would still owe the city $45 million before it could make any move.
The A’s are seeking up to $380 million in public money to go toward the construction of a $1.5 billion, 30,000-seat ballpark on the Tropicana site.
The demolition of the Tropicana hotel on the Strip would delay the completion of the A’s ballpark.
The MLB franchise needs lawmakers’ approval for a $1.5 billion ballpark on the Strip, including up to $380 million in public financing.
A bill to provide up to $380 million in public financing for a $1.5 billion ballpark has not yet been introduced at the Nevada Legislature.
