![]() ![]() The $380 million in public funding would mainly come from $180 million in transferable tax credits and $120 million in county bonds. ![]() “We are excited about Southern Nevada’s dynamic and vibrant professional sports scene, and we look forward to becoming a valued community member through jobs, economic development, and the quality of life and civic pride of a Major League Baseball team.” “We will now begin the process with MLB to apply for relocation to Las Vegas,” the statement said. The team said in a statement late Thursday the Nevada governor’s signing of the funding package was “a significant step forward in securing a new home for the Athletics.” The executive council formulates a recommendation to all clubs, which must approve the move by at least three-quarters vote. It will then make a recommendation to Manfred and the eight-man executive council. A relocation committee will define the new operating territory and television territory. Manfred said the team must submit a relocation application explaining its efforts in Oakland and why Las Vegas is a better market. With a capacity of 30,000, the stadium would be MLB’s smallest. “Las Vegas’ position as a global sports destination is only growing, and Major League Baseball is another tremendous asset for the city.”īaseball Commissioner Rob Manfred outlined the review process of the A’s proposed relocation during a news conference hours earlier at a meeting of owners in New York. “This legislation reflects months of negotiations between the team, the state, the county, and the league,” Lombardo said. The $1.5 billion stadium with a retractable roof is planned near the homes of the NFL’s Vegas Raiders, who fled Oakland in 2020, and the NHL’s Golden Knights, who won the Stanley Cup this week in just their sixth season. ![]() “This is an incredible opportunity to bring the A’s to Nevada,” Lombardo said in a statement from Carson City. The first-term Republican governor and former sheriff in Las Vegas said he was excited to sign the measure the Democrat-controlled Legislature approved Wednesday night after a seven-day long special session. Joe Lombardo signed into law Thursday a $380 million public financing package to help build a Major League Baseball stadium for the Oakland Athletics on the Las Vegas Strip as MLB’s commissioner outlined a months-long approval process for the A’s proposed move there. ![]()
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