Nevada’s Bet on the Oakland A’s Is Causing Buyer’s Remorse

Source: Independent Institute
by Craig Eyermann

“Last summer, Nevada’s state legislature approved a $380 million bill toward funding a proposed $1.5 billion new stadium for the A’s in Las Vegas. In November 2023, the A’s secured the unanimous approval of Major League Baseball owners to relocate from Oakland, California, to Las Vegas, Nevada, where the team would begin playing at its new stadium in 2028. At this point, all the A’s ownership had to do was create a concrete plan to build that stadium. They were already claiming the land the famed Tropicana Hotel and Casino currently occupies on the Las Vegas Strip, whose operators recently announced they would shut their doors in April 2024. They were supposed to deliver detailed renderings of the stadium that would be built and their plan to finance it by January 17, 2024. But they have blown that deadline.” (02/09/24)