Athletics Owner Invests $1 Billion in Las Vegas Stadium
Athletics Owner Invests $1 Billion in Las Vegas Stadium

Athletics Owner Invests $1 Billion in Las Vegas Stadium

News summary

Oakland Athletics owner John Fisher is investing $1 billion into a new stadium in Las Vegas, with an additional $300 million loan from U.S. Bank and Goldman Sachs. Club executive Sandy Dean announced that final approvals for the $1.5 billion, 33,000-seat domed ballpark are expected at a Dec. 5 meeting of the Las Vegas Stadium Authority. Construction is slated to begin in spring 2024, aiming for completion prior to the 2028 season, with up to $380 million in public funding also contributing to the project. Meanwhile, the Athletics will spend at least the next three seasons in West Sacramento, California, following their final season in Oakland. The new stadium will be located on the Las Vegas Strip, where the Tropicana once stood.

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