The Oakland Athletics are reportedly finally getting a new stadium.
Unfortunately for fans in the Bay Area, the Athletics’ new ballpark will be located in the Las Vegas area.
The Nevada Independent reported on Wednesday night that the A’s and Red Rock Resorts “are nearing an agreement to construct a $1 billion baseball stadium north of Allegiant Stadium with the support of Gov. Joe Lombardo and top lawmakers.”
A formal announcement is expected Thursday.
BREAKING: Sources confirmed to @TheNVIndy that The Oakland A’s and Red Rock Resorts are closing in on an agreement to construct a $1 billion baseball stadium north of Allegiant Stadium with the support of Gov. Joe Lombardohttps://t.co/tcVmBQeSDt
— Nevada Independent (@TheNVIndy) April 20, 2023
According to the report, the stadium will seat 30,000 to 35,000 fans, feature a retractable roof and be built on a 100-acre site near Tropicana Boulevard and I-15. The Athletics will cover the stadium costs, but will benefit from a special taxation district, with funds reinvested in the area. They will also receive tax credits estimated at around $500 million.
The Athletics have been seeking a new stadium for years. They play home games in the decrepit Oakland-Alameda County Coliseum, which opened in 1966 and is considered by many observers to be the worst MLB stadium.
The club has been pursuing a move to Las Vegas for years, with the blessing of MLB officials. Before the A’s could relocate, they would need approval from 75% of MLB team owners. The main concern about the Las Vegas move would be the fact the city already supports two professional sports teams, the Las Vegas Raiders and the NHL’s Vegas Golden Knights.