Nevada lawmakers await details of A's land buy in Las Vegas
Nevada legislative leaders said Thursday that they had little information about the Oakland Athletics’ plans to move to Las Vegas, beyond that a land purchase deal is in place, a funding bill is coming and there is no timeline for action
CARSON CITY, Nev. AP" target="_self">(AP) — Nevada legislative leaders said Thursday that they had little information about the Oakland Athletics’ plans to move to Las Vegas, beyond that a land purchase deal is in place, a funding bill is coming and there is no timeline for action.
The Major League Baseball team announced late Wednesday it signed a binding agreement to purchase vacant property just off the Las Vegas Strip owned by Red Rock Resorts for a new retractable roof ballpark, ending discussion about the team staying in the Bay Area.
The purchase now sets up a patchwork of public-private funding mechanisms that needs approval from state lawmakers as well as local officials.
The stadium and other developments are projected to cost about $1.5 billion, per The Nevada Independent, while the A's are asking for $500 million in public assistance, said Clark County Commissioner Michael Naft, who has been in talks with A's leadership and whose district includes the potential stadium site.
