CARSON CITY, Nev. (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 in place, a funding bill is coming and there is no timeline for action.
— CARSON CITY, Nev. 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 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, one-third of which will come from public funding, The Nevada Independent reported.
