Please ensure Javascript is enabled for purposes of website accessibility
A's Ballpark on Vegas Casino Site Gets Closer With Tentative Funding Deal
gvw_ap_news
By Associated Press
Published 2 years ago on
May 24, 2023

Share

Getting your Trinity Audio player ready...

CARSON CITY, Nev. — Republican Nevada Gov. Joe Lombardo announced Wednesday a tentative agreement between his office, legislative leaders in the state and the Oakland Athletics for a stadium funding plan after weeks of negotiations over how much public assistance the state will contribute to a $1.5 billion ballpark in Las Vegas, according to a joint statement.

The tentative agreement indicates a funding bill will be introduced in the Nevada Legislature in the coming days with less than two weeks until the legislative session’s end. It still needs approval from both the state Senate and Assembly.

The threat of a special legislative session looms if lawmakers can’t agree on the bill by the end of the regular session on June 5. The financing is not a sure thing either.

The bill comes on the heels of the Oakland Athletics’ purchase of land on the southern end of the Las Vegas Strip where the Tropicana Las Vegas casino resort sits — a pivot from an earlier agreement that would have required a heftier $500 million price tag that many lawmakers signaled was too high. The joint statement did not give a specific number for the amount of public assistance the A’s will ask for.

The project includes the most private investment of any stadium in Major League Baseball, Nevada state treasurer Zach Conine said in the release.

“I am excited that we have finally received the A’s proposal and we are currently reviewing it,” Democratic state Assembly Speaker Steve Yeager said in the release. “As I have continuously said throughout this process, no commitment will be made until we have both evaluated the official proposal and received input from interested parties, including impacted community members.”

The A’s have been looking for years for a home to replace Oakland Coliseum, where the team has played since arriving from Kansas City for the 1968 season. They had sought to build a stadium in Fremont and San Jose before shifting their attention to the Oakland waterfront.

Las Vegas would be the fourth home for a franchise that started as the Philadelphia Athletics from 1901-54. It would become the smallest TV market in Major League Baseball and the smallest market to be home to three major professional sports franchises. The team and the city are hoping to draw from the nearly 40 million tourists who visit Las Vegas annually to help fill the stadium.

Earlier this month, the A’s reached a deal with the Culinary Union, Nevada’s most politically powerful union that represents more than 60,000 workers in the Las Vegas area, which guarantees that A’s workers have the right to organize and negotiate union contracts.

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Newsom Urges California Cities and Counties to Ban Homeless Encampments

DON'T MISS

Eagles-Chiefs Super Bowl Rematch, Allen-Mahomes Matchup Are Among Biggest 2025 NFL Games

DON'T MISS

Warriors, Knicks Will Try to Bounce Back From Home Playoff Losses

DON'T MISS

Twins Win 8th Straight, Beating Giants on Keirsey’s RBI Single in 10th

DON'T MISS

Tony Gonsolin, Freddie Freeman Lead Dodgers Past Diamondbacks

DON'T MISS

Valley Crime Stoppers’ Most Wanted Person of the Day: Derick JC Miller

DON'T MISS

Iran Warns Europeans That Reimposing Sanctions Could Have Irreversible Consequences

DON'T MISS

US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve

DON'T MISS

Madera County SWAT Team Ends 7-Hour Standoff With Felony Arrest

DON'T MISS

Visalia Police Chase Ends in Crash at CalFire Station, Two Teens in Custody

UP NEXT

Warriors, Knicks Will Try to Bounce Back From Home Playoff Losses

UP NEXT

Twins Win 8th Straight, Beating Giants on Keirsey’s RBI Single in 10th

UP NEXT

Tony Gonsolin, Freddie Freeman Lead Dodgers Past Diamondbacks

UP NEXT

The TikTok Effect: Viral Videos Create the Next Travel Hotspots

UP NEXT

US-China Tariff Talks to Continue Sunday, an Official Tells The Associated Press

UP NEXT

Oh Ohtani! Dodgers Star Hits 3-Run Homer in Late Rally Victory Over Diamondbacks

UP NEXT

Tariff Talks Begin Between US and Chinese Officials in Geneva

UP NEXT

Wall Street Drifts as It Waits for a Highly Anticipated US-China Meeting on Trade

UP NEXT

Panasonic to Cut 10,000 Jobs, Expects $900 Million in Restructuring Costs

UP NEXT

US Postal Service Reports $3.3 Billion Quarterly Net Loss

Twins Win 8th Straight, Beating Giants on Keirsey’s RBI Single in 10th

11 minutes ago

Tony Gonsolin, Freddie Freeman Lead Dodgers Past Diamondbacks

13 minutes ago

Valley Crime Stoppers’ Most Wanted Person of the Day: Derick JC Miller

18 minutes ago

Iran Warns Europeans That Reimposing Sanctions Could Have Irreversible Consequences

32 minutes ago

US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve

41 minutes ago

Madera County SWAT Team Ends 7-Hour Standoff With Felony Arrest

52 minutes ago

Visalia Police Chase Ends in Crash at CalFire Station, Two Teens in Custody

1 hour ago

S&P 500 Jumps to Over Two-Month High

1 hour ago

Hamas Set to Free US-Israeli Hostage, Israel Says No Ceasefire

1 hour ago

US-China Tariff Delay Gives Fed Fresh Reason to Sit Tight on Rates

1 hour ago

Newsom Urges California Cities and Counties to Ban Homeless Encampments

SACRAMENTO, Calif. — Gov. Gavin Newsom on Monday urged California’s local governments to clear homeless encampments, escalating the st...

3 minutes ago

https://www.communitymedical.org/thecause?utm_source=Misfit+Digital&utm_medium=GVWire+Banner+Ads&utm_campaign=Branding+2025&utm_content=thecause
Gov. Gavin Newsom of California waits for President Donald Trump at Los Angeles International Airport in Los Angeles, Jan. 24, 2025. Newsom and the state’s attorney general plan to sue President Trump on Wednesday to try to stop his flurry of tariffs, accusing the president of taking unlawful action to escalate a global trade war that has caused “immediate and irreparable harm” to the state’s economy. (Kenny Holston/The New York Times)
3 minutes ago

Newsom Urges California Cities and Counties to Ban Homeless Encampments

Kansas City Chiefs quarterback Patrick Mahomes (15) looks to pass the ball during the NFL Super Bowl 59 football game against the Philadelphia Eagles Sunday, Feb. 9, 2025, in New Orleans. The Eagles won 40-22. (AP File)
5 minutes ago

Eagles-Chiefs Super Bowl Rematch, Allen-Mahomes Matchup Are Among Biggest 2025 NFL Games

Golden State Warriors guard Stephen Curry (30) reacts in the second half of an NBA basketball game against the Memphis Grizzlies Tuesday, April 1, 2025, in Memphis, Tenn. (AP/Brandon Dill)
8 minutes ago

Warriors, Knicks Will Try to Bounce Back From Home Playoff Losses

11 minutes ago

Twins Win 8th Straight, Beating Giants on Keirsey’s RBI Single in 10th

13 minutes ago

Tony Gonsolin, Freddie Freeman Lead Dodgers Past Diamondbacks

Derick JC Miller is Valley Crime Stoppers' Most Wanted Person of the Day for May 12, 2025. (Valley Crimes Stoppers)
18 minutes ago

Valley Crime Stoppers’ Most Wanted Person of the Day: Derick JC Miller

Iran's Foreign Minister Abbas Araqchi attends a press conference following a meeting with Russia's Foreign Minister Sergei Lavrov in Moscow, Russia, April 18, 2025. Tatyana Makeyeva/Pool via REUTERS/File Photo
32 minutes ago

Iran Warns Europeans That Reimposing Sanctions Could Have Irreversible Consequences

The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo
41 minutes ago

US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve

Help continue the work that gets you the news that matters most.

Search

Send this to a friend