Oakland A’s stadium bill to be considered in special legislative session

Oakland A's stadium bill to be considered in special legislative session

The Oakland A’s bid to have their public financing package plan heard in the Nevada Legislature has gone into extra innings and will be discussed Wednesday morning.

Nevada Gov. Joe Lombardo issued a proclamation late Tuesday night calling state officials for a second consecutive special session, this time to discuss a potential $380 million public financing package to help fund a Las Vegas stadium project for the A’s, who are seeking to leave Oakland after 55 years.

The A’s hopes for up to $380 million from the state of Nevada appeared to stall when the state legislature adjourned Monday night without considering a bill proposing public financing to help pay for the construction of a new baseball stadium along the Las Vegas Strip, leaving the A’s potential relocation and plans for the proposed $1.5 billion, 30,000-seat ballpark in limbo.

Before Tuesday night’s announcement, it was possible the bill wouldn’t have been considered again until next February, which would have cut off the A’s access to revenue-sharing from Major League Baseball. MLB has told the A’s they must have a stadium deal in place before January 15 to continue to be eligible for revenue-sharing monies.

Oakland Mayor Sheng Thao has said the door isn’t fully shut on the A’s staying in town, though she also has made clear that negotiations are dead for a deal at Howard Terminal, the port site where the team wanted a waterfront ballpark and thousands of housing units.

The A’s lease at the Coliseum through the end of the 2024 season, but a ballpark at the team’s latest proposed site in Las Vegas — on the same lot as the Tropicana hotel — would not be constructed until at least 2027.

The $380 million sought by the A’s is significantly lower than the $750 million Nevada coughed up in 2016 to draw Raiders football away from Oakland.

Soruce : https://www.mercurynews.com/2023/06/07/oakland-as-stadium-bill-to-be-considered-in-special-session-in-nevada-legislature-after-all/

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