Oakland Athletics’ Odds to Follow NFL’s Raiders to Las Vegas Increasing
Posted on: September 23, 2022, 02:44h.
Last updated on: September 23, 2022, 04:28h.
How does the Las Vegas A’s sound? Because it’s increasingly likely for the Athletics to become Sin City’s first major-league baseball team and the second major-league sports team stolen from Oakland.
According to the A’s and Major League Baseball (MLB), Oakland’s city council has until the end of this year to approve the Howard Terminal. That’s the $12 billion waterfront development that the A’s and MLB insist is required to keep them in the East Bay city.
However, for a vote to happen this year, negotiations on a deal between the A’s and the city of Oakland would need to conclude before the end of next week. According to the Las Vegas Review-Journal, those negotiations are currently at an impasse. That’s at the same time A’s officials continue negotiating for potential Las Vegas ballpark sites.
“The community, the fans … should be concerned because this all should have been done by now,” Oakland city council member Dan Kalb told the R-J this week. “If you really want (the Howard Terminal project) to happen, you better go talk to the A’s and get them to start making sure they’re willing to give us a good deal.”
The end-of-year deadline exists because Oakland Mayor Libby Schaaf, a driving force behind Howard Terminal, is out next year because of term limits. Other champions of the proposal may lose their city council seats as well.
Ring Out the Old
Athletics officials have already stated that they will not renew their lease at the 55-year-old RingCentral Coliseum when it ends in 2024.
“The Oakland Coliseum site is not a viable option for the future vision of baseball,” MLB said in a statement last year. “We have instructed the Athletics to begin to explore other markets while they continue to pursue a waterfront ballpark in Oakland. The Athletics need a new ballpark to remain competitive, so it is now in our best interest to also consider other markets.”
The Howard Terminal proposal is for a mixed-use project on 56 waterfront acres built around a $1 billion privately funded new stadium for the A’s. It also includes 3,000 units of affordable housing, 18 acres of public parks, office and retail space, an amphitheater, and a hotel.
The A’s would fund the stadium’s construction, and Oakland its necessary offsite infrastructure. However, in a memorandum on Tuesday, Oakland officials admitted that they had not yet secured the more than $321 million in grants that would require, nor the nearly $183 million more now required from the US Department of Transportation (USDOT) due to rising costs. (According to the R-J, the city “wasn’t confident any portion of the USDOT grant would be awarded.”)
Love at First Stadium Site
The R-J story quoted a source close to Phil Ruffin, who said the casino tycoon met with A’s officials at least twice in the past month about building a $1 billion stadium on the 38 acres Ruffin owns that currently functions as the Las Vegas Festival Grounds at the northeast corner of Las Vegas Boulevard and Sahara Avenue.
The R-J also reported that the current Tropicana site is also actively in play to host a new A’s stadium. However, Bally’s, which purchased the 35-acre property last year for $308 million, seems to be leaning toward demolishing the old hotel and building a new one there.
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Source: casino.org
