Financial reports from the Las Vegas Stadium Authority or Oakland Athletics, and credible news reports

Las Vegas Approves $1.75 Billion Ballpark for Oakland Athletics, Groundbreaking in Spring 2025, Team to Stay for 30 Years

Dec 5, 2024, 10:59 PM

The Las Vegas Stadium Authority has approved key agreements necessary for the construction of a new ballpark for the Oakland Athletics, with costs projected at $1.75 billion. This decision clears the last major hurdles for the franchise's relocation from Oakland to Las Vegas. The approved agreements include lease, non-relocation, and development documents, ensuring the team will remain in Las Vegas for at least 30 years once it begins play. Groundbreaking for the enclosed stadium, which is planned to be located on the Strip, is expected in spring 2025, with an aim to open by the 2028 season. Stadium Authority members expressed confidence in owner John Fisher's financing capabilities for the project.