Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Vegas 'rounding third' in approval for A's stadium

Written by 
Published in Baseball
Thursday, 15 August 2024 19:34

LAS VEGAS -- Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, said he was optimistic three key documents needed to begin construction on a new stadium for the Athletics would be approved Dec. 5.

"We're rounding third and heading for home," Hill said after Thursday's Las Vegas Stadium Authority board meeting.

Hill and the LVCVA were so hopeful the approvals would come at that December meeting that three others were canceled. The board will next meet Oct. 17, and a meeting has been set aside for Dec. 12 as a "safety valve."

The three documents that need to be approved for the planned $1.5 billion, 33,000-seat domed stadium on the Las Vegas Strip are the lease, non-relocation and development agreements. The lease agreement was presented Thursday without a vote.

That agreement provides an initial 30-year lease that ultimately can be extended up to 99 years. The agreement for the NFL's Las Vegas Raiders is 30 years without language beyond that time frame.

Allegiant Stadium, which is home to the Raiders, opened in 2020. The A's hope to open their ballpark in time for the 2028 season.

"I think mostly it wasn't contemplated in 2016 when we passed the law," Hill said. "You don't necessarily need that information in the law. It gives us optionality. We talked about it during the process that we're going to get to 15 or 20 years and the parties involved will probably reopen the lease and renegotiate it."

This is the A's final season in Oakland. They agreed to play the following three seasons, with an option for a fourth, in a Triple-A stadium in West Sacramento, California. The A's will share that facility with the River Cats, the San Francisco Giants' Triple-A club.

The A's have said they expected to spend $350 million in public money rather than the full $380 million allocated by the Nevada Legislature.

The club has said it plans to finance $300 million of the stadium cost and the other $850 million would come from private equity. Hill said the A's might present their financing plan at the October meeting.

Read 123 times

Soccer

Bundesliga history made with 8 goals in 1st half

Bundesliga history made with 8 goals in 1st half

EmailPrintOpen Extended ReactionsUnion Berlin and VfB Stuttgart made history on Saturday as the firs...

Inter Miami wins in front of record Crew crowd

Inter Miami wins in front of record Crew crowd

Benjamin Cremaschi scored on a diving header in the 30th minute and Inter Miami beat the Columbus Cr...

Barça net 'unbelievable' win, fear for Lewandowski

Barça net 'unbelievable' win, fear for Lewandowski

EmailPrintOpen Extended ReactionsBarcelona coach Hansi Flick lauded Barcelona's "unbelievable" comeb...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Cavs' Atkinson named Coach of the Year by peers

Cavs' Atkinson named Coach of the Year by peers

EmailPrintOpen Extended ReactionsCleveland Cavaliers coach Kenny Atkinson has been named the Nationa...

C's star Brown looks 'good' despite knee bruise

C's star Brown looks 'good' despite knee bruise

EmailPrintOpen Extended ReactionsBOSTON -- Though Celtics All-Star swingman Jaylen Brown declined to...

Baseball

Dodgers place P Treinen on IL, activate P Phillips

Dodgers place P Treinen on IL, activate P Phillips

EmailPrintOpen Extended ReactionsThe Los Angeles Dodgers placed veteran right-hander Blake Treinen o...

'So grateful': Ohtani, wife welcome first child

'So grateful': Ohtani, wife welcome first child

EmailPrintOpen Extended ReactionsLos Angeles Dodgers star Shohei Ohtani and his wife, Mamiko Tanaka,...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated