The nonrelocation agreement, presented to the stadium authority board Thursday afternoon, is the third of four major agreements that must be approved by the authority.
Baseball
The Nevada Supreme Court rejected a teachers union effort to put public funding for the Oakland Athletics’ planned Las Vegas ballpark on November’s ballot.
The Oakland Athletics plan to build a ballpark on the site of the Tropicana, but Bally’s says where the stadium will sit on that site is still being determined.
The Oakland Athletics filed a motion to intervene in a teachers union-backed lawsuit aimed at halting the team’s public stadium financing.
Schools Over Stadiums, a PAC backed by a teachers union, claims the Oakland Athletics’ stadium funding bill violates the state constitution.
The governor’s signature on the legislation ends a lengthy process in which the A’s sought to move from their longtime home in the Bay Area.
The Legislature has adjourned until Monday, after the Senate on Thursday failed to take action on the Oakland A’s stadium proposal that is the subject of the current special session.
State senators peppered supporters of the Oakland A’s stadium project with questions during a hearing in a special session. A vote could come Thursday.
Despite the team’s lease at the Oakland Coliseum being up after next season, the Athletics would still owe the city $45 million before it could make any move.
The A’s are seeking up to $380 million in public money to go toward the construction of a $1.5 billion, 30,000-seat ballpark on the Tropicana site.
The MLB franchise needs lawmakers’ approval for a $1.5 billion ballpark on the Strip, including up to $380 million in public financing.
A bill to provide up to $380 million in public financing for a $1.5 billion ballpark has not yet been introduced at the Nevada Legislature.
The MLB team is asking for $395 million for a $1.5 billion stadium, but officials are offering $320 million, a source told the Review-Journal.
Two-thirds of Clark County voters supported the Oakland Athletics’ ballpark plan after hearing arguments against it.