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Monday, June 24, 2024

Big Gap Remains Between A’s, Nevada Lawmakers

  • The Oakland A's continue to negotiate with Nevada legislators, with the team seeking $395 million in public funds.
  • A key remaining issue revolves around how much would be provided by Clark County.
Oakland Athletics president Dave Kaval talks on the field before the game against the Minnesota Twins at RingCentral Coliseum.
Darren Yamashita-USA TODAY Sports

The Oakland A’s are negotiating with Nevada legislators in an attempt to bridge a significant gap in stadium funding.

The team seeks $395 million in public funds to construct a $1.5 billion stadium on the Tropicana lot owned by Gaming & Leisure Properties Inc. and managed by Bally’s. In turn, Bally’s would give the A’s a free 9 acres of the lot — which they estimate at a $180 million value — contingent on the team striking a deal with the Nevada legislature.

On Thursday, the Las Vegas Review Journal said that $320 million has been promised thus far, and that the A’s are negotiating with Clark County over the remaining $75 million. But the same day, the Nevada Independent reported legislators only promised $150 million to $195 million.

Fox5 Las Vegas reported that state legislators will only commit $195 million, but the state could mandate that Clark County supply a $125 million bond.

The Oakland A's are still exploring options on where to build a stadium.

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A funding bill has been delayed by the ongoing negotiations and the A’s switch from the 49-acre Red Rock Resorts site to the Tropicana late in the process.

Nevada’s legislative session ends on June 5. It’s unclear whether the governor would call a special session to continue negotiations past that date.

Oakland mayor Sheng Thao reiterated this week that the city’s negotiations with the A’s were close to a deal when the team pivoted to Las Vegas — and that an agreement could come together quickly if the team returned to the negotiating table.

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