Current:Home > FinanceMLB owners meetings: Las Vegas isn't perfect, but vote on Athletics' move may be unanimous -FutureProof Finance
MLB owners meetings: Las Vegas isn't perfect, but vote on Athletics' move may be unanimous
View
Date:2025-04-15 02:59:00
ARLINGTON, Texas — It’s hard to find a Major League Baseball owner or executive who believes that Las Vegas will suddenly become a thriving baseball market, but just the same, they are convinced the franchise will enjoy more success than in Oakland.
The 30 Major League Baseball owners are expected to unanimously approve Thursday morning A’s owner John Fisher’s proposal to relocate his franchise from Oakland to Las Vegas.
Several owners and executives conveyed privately that their patience simply has been exhausted with Oakland government officials and the A’s inability to reach a deal for a new stadium. They believe that Las Vegas provides the best alternative with its tourism and economy while also providing about $380 million towards the price of a $1.5 billion ballpark on the Las Vegas Strip.
Major League Baseball commissioner Rob Manfred is expected to make the relocation official at a press conference Thursday with owners voting on the move earlier in the morning at the final day of their meetings.
The eight-member executive council has already recommended to Manfred that their fellow owners approve the relocation, where the A’s have been the past 55 years in Oakland.
HOT STOVE UPDATES: MLB free agency: Ranking and tracking the top players available.
The A’s still have a lease at the Oakland Coliseum through 2024, but it’s unknown where the A’s will play until their Las Vegas ballpark is ready in 2028. They could play games at Oracle Park in San Francisco, at Allegiance Stadium where the Raiders play, or their Triple-A Las Vegas Ballpark in Summerlin, Nevada. Everything is on the table.
The A’s who have been in Oakland since 1968, will become the first MLB team to relocate since the Montreal Expos moved to Washington, D.C., in 2005, and just the second relocation since 1972 when the Washington Senators moved to Texas and became the Rangers.
The relocation needs only 75% approval – 23 of the 30 votes – but no owner or executive contacted at these meetings are aware of a dissenting vote.
“Look, do I think it will work?’’ one AL executive said. “I have no idea. I’ve got my doubts. But enough is enough. We’ve been dealing this for nearly 20 years, and nothing has changed. It’s time to try something new."
There could be remaining obstacles with the Nevada teachers union threatening to file a lawsuit in Nevada District Court to stop the public funding for a new ballpark, which could require Fisher to pay entirely for the new ballpark. The union has also filed a petition for a referendum putting $120 million of the $380 million on the ballot next November.
This will be the third major sports franchise to leave Oakland in the past five years, including the Raiders’ move to Las Vegas and the Golden State Warriors move from the Oracle Arena to San Francisco.
Although the A’s will be moving to a smaller ballpark with an estimated 30,000-seat capacity, and only the 40th-largest market, MLB executives say the revenue will be greater than in Oakland because of suite sales and higher ticket prices.
MLB is expected to explore expansion in the next few years, ideally bringing two new clubs into the league. Oakland mayor Sheng Thao said the city would like to be a viable candidate for a future expansion team, keeping the team nickname and colors, if the Athletics' departure happens.
Yet, the current favorites for expansion are Nashville, Tenn., and Salt Lake City, Utah, with MLB last expanding in 1998 with the Arizona Diamondbacks and Tampa Bay Rays, leaving Oakland for a potentially long wait.
veryGood! (23424)
Related
- The Super Bowl could end in a 'three
- Joey Fatone Reveals Where *NSYNC Really Stands on a Reunion Tour
- Memphis police checking if suspect charged with killing homeless man has targeted others
- Trump Media wants probe into stock manipulation, blames ‘naked’ short sellers for losses
- Bodycam footage shows high
- Colorado Republican Party calls for burning of all pride flags as Pride Month kicks off
- A realistic way to protect kids from social media? Find a middle ground
- 'The Traitors' Season 3 cast: Which reality TV stars are partaking in murder mystery
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Will Smith, Martin Lawrence look back on 30 years of 'Bad Boys': 'It's a magical cocktail'
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Ex-Wisconsin warden, 8 others charged after investigation into inmate deaths
- U.S counterterrorism chief Christy Abizaid to step down after 3 years on the job
- Texas Droughts Are Getting Much More Expensive
- What do we know about the mysterious drones reported flying over New Jersey?
- 'Big Little Lies' Season 3: What we know
- Deceased Rep. Donald Payne Jr. wins New Jersey primary
- Jake Gyllenhaal's legal blindness helps him in movie roles
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Powerball winning numbers for June 5 drawing: Jackpot climbs to $206 million
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Center Court
A 102-year-old World War II veteran dies en route to D-Day commemorations in Europe and is mourned
Taylor Swift makes surprise visit to Kansas City children’s hospital
College Football Playoff 12-team bracket and schedule for 2024-25 season announced
Chase Budinger used to play in the NBA. Now, he's an Olympian in beach volleyball.
Gilgo Beach suspect charged in more slayings; new evidence called a 'blueprint' to kill