Honolulu Star-Advertiser

Monday, April 29, 2024 75° Today's Paper


Sports BreakingTop News

A’s, Nevada leaders reach tentative $1.5B ballpark agreement

ASSOCIATED PRESS / MAY 16
                                People stand outside of the Tropicana Las Vegas in Las Vegas. Nevada Gov. Joe Lombardo announced a tentative agreement between his office, legislative leaders in the state and the Oakland Athletics for a baseball stadium funding plan after weeks of negotiations over how much public assistance the state will contribute to a $1.5 billion ballpark in Las Vegas, according to a joint statement. The bill comes on the heels of the Athletics’ purchase of land on the southern end of the Las Vegas Strip where the Tropicana Las Vegas casino resort sits.
1/1
Swipe or click to see more

ASSOCIATED PRESS / MAY 16

People stand outside of the Tropicana Las Vegas in Las Vegas. Nevada Gov. Joe Lombardo announced a tentative agreement between his office, legislative leaders in the state and the Oakland Athletics for a baseball stadium funding plan after weeks of negotiations over how much public assistance the state will contribute to a $1.5 billion ballpark in Las Vegas, according to a joint statement. The bill comes on the heels of the Athletics’ purchase of land on the southern end of the Las Vegas Strip where the Tropicana Las Vegas casino resort sits.

CARSON CITY, Nev. >> Republican Nevada Gov. Joe Lombardo announced Wednesday a tentative agreement with the Oakland Athletics and legislative leaders for a stadium funding plan after weeks of negotiations over how much the state will contribute to a $1.5 billion Las Vegas ballpark, according to a joint statement.

The tentative agreement indicates a funding bill will be introduced in the Nevada Legislature in the coming days, giving lawmakers less than two weeks to consider it before the session ends.

The threat of a special legislative session looms if lawmakers can’t agree on the terms by June 5. The financing isn’t a sure thing either.

The announcement is on the heels of the Oakland Athletics’ agreement to use land on the southern end of the Las Vegas Strip where the Tropicana Las Vegas casino resort sits — a pivot from an earlier agreement for a stadium nearby that came with a $500 million price tag that many lawmakers signaled was too high.

The statement Wednesday didn’t specify an amount for public assistance, though Nevada state treasurer Zach Conine said the private-public partnership would minimize risk to Nevada taxpayers. Representatives for the governor, Senate Democrats and A’s have not commented on how much public money is being requested.

Democratic state Assembly Speaker Steve Yeager said legislative leadership is reviewing the proposal.

“No commitment will be made until we have both evaluated the official proposal and received input from interested parties, including impacted community members,” Yeager said in a statement.

The A’s have been looking for years for a home to replace Oakland Coliseum, where the team has played since arriving from Kansas City for the 1968 season. The team sought to build a stadium in Fremont and San Jose before settling on the Oakland waterfront,

Las Vegas would be the fourth home for a franchise that started as the Philadelphia Athletics from 1901-54. It would become the smallest TV market in Major League Baseball and the smallest market to be home to three major professional sports franchises. The team and the city are hoping to draw from the nearly 40 million tourists who visit Las Vegas annually to help fill the stadium.

Earlier this month, the A’s reached a deal with the Culinary Union, Nevada’s most politically powerful union that represents more than 60,000 workers in the Las Vegas area, which guarantees that A’s workers would have the right to organize and negotiate union contracts.


Stern is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms.


By participating in online discussions you acknowledge that you have agreed to the Terms of Service. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Report comments if you believe they do not follow our guidelines. Having trouble with comments? Learn more here.