Chris Bernacchi/Diamond Images via Getty Images
As the Oakland Athletics prepare to move to Las Vegas, team owner John Fisher will make a hefty investment into the construction of a new stadium.
Club executive Sandy Dean announced on Thursday that Fisher and his family will invest $1 billion into the construction of a stadium in Las Vegas while U.S. Bank and Goldman Sachs will offer a $300 million loan, according to ESPN’s Alden Gonzalez and the Associated Press.
Dean revealed that final approvals will likely be made at a Dec. 5 authority meeting to allow construction of the $1.5 billion ballpark that’s expected to contain 33,000 seats as well as a dome.
The A’s previously released renderings of what the stadium could look like on Oct. 17.
Construction is on track to begin in the spring with a targeted opening prior to the team’s 2028 season, per Gonzalez and the Associated Press. As much as $380 million in public funding will also go into building the ballpark.
The A’s finished with a record of 69-93 in 2024, their final season in Oakland after 57 years.
In the meantime, the Athletics will call Sutter Health Park in Sacramento their home. The stadium is typically used by the Sacramento River Cats, the Triple-A affiliate of the San Francisco Giants.
As the A’s prepare for their first year in Sacramento, it appears that progress on the construction of their future stadium in Las Vegas is continuing to be made.
Read the full article here