Oakland Athletics Face Critical Decision as Clock Ticks on Potential Move to Las Vegas

The clock is ticking on the Oakland Athletics as they make moves towards relocating to Las Vegas. Owner John Fisher has long been set on moving the team to Nevada, despite protests and boycotts from fans. Now, with a $500 million investment, the Athletics are one step closer to making that move a reality.

In order to shift to Las Vegas, the A’s need to build a new stadium, which comes with a hefty price tag of $1.5 billion. While Nevada legislators have approved $380 million in public funding, the team must raise the remaining amount. To help with this, the Athletics have hired Galatioto Sports Partners, a leading sports banker, to attract investors and raise the necessary funds.

Fisher aims to sell a minority stake in the team to raise money for the new ballpark. However, delays in construction could jeopardize the team’s expected move to Las Vegas by 2028. If construction does not start by 2025, a 2028 opening could be in jeopardy.

In the meantime, the Oakland Athletics will be playing in Sacramento for the next three seasons as their lease with the Coliseum ends in 2024. This temporary move will provide some stability for the team as they work towards their relocation.

With challenges still ahead, including the need to raise more funds and potential construction delays, the future of the Oakland Athletics in Las Vegas remains uncertain. It will be interesting to see how Fisher navigates these obstacles in the coming years.