Tue, 03 Oct 2023

LAS VEGAS, Nevada: A bill was introduced in the Nevada Legislature to provide the Oakland Athletics up to $380 million to build a 30,000-seat, $1.5 billion retractable roof stadium on the Las Vegas Strip.

Most of the public funding would come from $180 million in transferable tax credits from the state and $120 million in county bonds, and Clark County also would contribute $25 million in credit.

The Athletics have been looking to leave Oakland, California, and has previously sought to build a stadium in Fremont, California, as well as San Jose or the Oakland waterfront, but these plans did not work out.

Las Vegas would be the fourth home for a franchise that played baseball in Philadelphia from 1901-54.

The plan in the Nevada legislature will not directly raise taxes, and can progress with a simply majority vote in the Senate and Assembly.

Lawmakers have a little more than a week to consider the proposal before they adjourn on 5th June, though it could also be voted on if a special session is called.

The Athletics have agreed to use land on the southern end of the Las Vegas Strip, on the site of the Tropicana Las Vegas casino resort.

Oakland Mayor Sheng Thao has said she is disappointed the Athletics did not negotiate with Oakland as a "true partner."

The team and Las Vegas hope to attract nearly 2.5 million tourists annually to help fill the 30,000-seat capacity stadium, which would be the smallest professional baseball stadium.

Meanwhile, Baseball Commissioner Rob Manfred said a vote on the Oakland Athletics' prospective move to Las Vegas could take place when owners meet on 13th to 15th June in New York.

However, in Nevada the bill could face difficult passing the legislature. Last week, Democratic leaders said financing bills, including for the team, may not go through if Republican Governor Joe Lombardo vetoes five budget bills, which he has threatened to do as many of his priorities have stalled or faded in the Democratic-controlled Legislature.

The lease agreement with the Las Vegas Stadium Authority would be up for renewal after 30 years.

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