A’s reach deal on $1.5B stadium in Las Vegas

MLB, Oakland Athletics

MLB’s Oakland Athletics are now one step closer to becoming the Las Vegas Athletics. Three weeks after the A’s reached a binding agreement to purchase a lot of land for a new stadium just off the Vegas strip, the organization has switched things up midstream.

Instead of continuing with the project located on Tropicana Boulevard and Dean Martin, the A’s have reached an agreement with Bally’s Corp. to build a $1.5 billion stadium on a portion of the Tropicana Las Vegas site.

Under this agreement, Bally’s plans on demolishing Tropicana, allowing the A’s to build a 35,000-seat retractable roof stadium on nine acres of the 34-acre site. Bally’s would then build a new state-of-the-art casino and hotel as part of a broader project.

According to the respected Nevada Independent, this move would lower public financing from $500 million to under $400 million. It’s been somewhat of a point of contention since the Oakland Athletics originally announced their intentions to relocate to Las Vegas back in April.

“This is now the deal. This is what we’re working on,” an Oakland Athletics source close to the situation told the Nevada Independent.

Oakland Athletics relocation plan and timeline for a new stadium

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