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MLB Stadium Saga: Oakland/Tampa Bay/Southside


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The A's want $500 million from Nevada by June 5th.

 

A’s Want $500M from Nevada by June 5 (frontofficesports.com)

 

Quote

The Oakland A’s took major steps to move to Las Vegas this week — but still have to strike a deal with state and local governments for public funding. 

The team is planning a $1.5 billion stadium and entertainment complex west of the Las Vegas Strip that would seat 35,000 and boast a retractable roof.

A’s leadership is seeking $500 million in public financing through bonds issued by Clark County, to be repaid through stadium-related taxes and the surrounding development of the 49 acres purchased by the team.

Nevada hasn’t introduced formal legislation around this issue, and its current legislative session ends on June 5, though negotiations could be extended. The A’s must come to an agreement on a new stadium by January 2024 to remain recipients of MLB’s revenue sharing.

The team could withdraw from their land-purchase agreement if no deal is reached, according to the Nevada Independent.

 

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Seems like an aggressive deadline, though I can't imagine the debate hasn't already started since this wasn't exactly an out-of-the-blue move.

"The views expressed here are mine and do not reflect the official opinion of my employer or the organization through which the Internet was accessed."

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All blame here goes to A's ownership.  The Giants demonstrated that a committed ownership that is willing to pay the majority of the costs for a new park can turn a struggling Bay Area team into an overwhelming success.  Even those who (correctly) criticise public expenditures for sports teams, such as Neil DeMause, acknowledge that the Giants, with their minimal public involvement, did it the right way.

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1 hour ago, who do you think said:

Didn't a prior article say the A's were covering the costs of this stadium? Or have I lost my mind?

 

Looks like it's 2/3.  Between stadium and infrastructure, it's estimated at 1.5B.  A's want to put up $1B, and then want $500M from LV.  I think I read that the A's would absorb overruns, which is pretty significant.

"The views expressed here are mine and do not reflect the official opinion of my employer or the organization through which the Internet was accessed."

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Lol OF :censored:ing COURSE the A’s are already demanding half a billion dollars from the state of Nevada now 😂 That’s been the grift the entire time! Take public money from whatever idiot municipality will give it to you and keep all the profits. And Nevada, for as flat broke as they are, are ABSOLUTELY stupid enough to just give it to them. It’s infuriating but what can you do about a city/leaders who are just dying to be the mark? Just absolutely desperate to get played. I’ll never be able to wrap my head around that. 
 

Fisher and the A’s, after all of this nonsense, are going to walk away from this with exactly what they want. All of the benefits for themselves and all of the risks on the tax paying public. What a useless state I’m from. What a dumb country this is. 

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On 11/19/2012 at 7:23 PM, oldschoolvikings said:
She’s still half convinced “Chris Creamer” is a porn site.)
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16 hours ago, FiddySicks said:

Lol OF :censored:ing COURSE the A’s are already demanding half a billion dollars from the state of Nevada now 😂 That’s been the grift the entire time! Take public money from whatever idiot municipality will give it to you and keep all the profits. And Nevada, for as flat broke as they are, are ABSOLUTELY stupid enough to just give it to them. It’s infuriating but what can you do about a city/leaders who are just dying to be the mark? Just absolutely desperate to get played. I’ll never be able to wrap my head around that. 
 

Fisher and the A’s, after all of this nonsense, are going to walk away from this with exactly what they want. All of the benefits for themselves and all of the risks on the tax paying public. What a useless state I’m from. What a dumb country this is. 

 

It blows my mind that Vegas is growing at this rate when they won't have water in a decade. Nobody should be moving there, but especially not a baseball team. 

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Yup. MLB revenue has skyrocketed with TV deals even as stadium attendance continues to decline. If there are sizable untapped TV markets to exploit, MLB is going to be interested.

73, 77, 81, 83, 90, 06

29, 30, 31, 36, 39, 44, 61, 62, 65, 66, 67, 96, 10

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From a quality of play/players and competitive standpoint, I totally support contraction.  But since those discussions, pretty much every team (except for... the A's and Rays) has built a new stadium and has the ability to generate revenue... though they might not necessarily have ownership that's interested in spending money to be competitive and maximize the potential of the market.

"The views expressed here are mine and do not reflect the official opinion of my employer or the organization through which the Internet was accessed."

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25 minutes ago, tigerslionspistonshabs said:

Can anyone enlighten on me why we're talking about expansion?  I mean 20 years ago we were talking about contraction. 

Manfred said that expansion wasn't on the cards until the situations with Oakland and Tampa Bay were resolved. Now with the A's heading to Vegas, that's one part done.

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Better than contraction would be "ownership relegation" where the owners of the teams that are consistently uncompetitive and refuse to spend any money are forced to sell.

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"The views expressed here are mine and do not reflect the official opinion of my employer or the organization through which the Internet was accessed."

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4 minutes ago, VampyrRabbit said:

Manfred said that expansion wasn't on the cards until the situations with Oakland and Tampa Bay were resolved. Now with the A's heading to Vegas, that's one part done.

 

I haven't heard much out of the Rays outside of the failed TB-Montreal "solution" and sporadic talk about how horrible St. Petersburg is for a ballpark. Is there any talk of relocation outside of the Tampa Bay area?

 

Montreal seems like a logical solution, but Nashville's bid seems strong.

"I always wanted to be somebody, but now I realize I should have been more specific." Lily Tomlin

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15 minutes ago, kimball said:

 

I haven't heard much out of the Rays outside of the failed TB-Montreal "solution" and sporadic talk about how horrible St. Petersburg is for a ballpark. Is there any talk of relocation outside of the Tampa Bay area?

 

Montreal seems like a logical solution, but Nashville's bid seems strong.

Actually, they're coming along on a plan to build a new one were the Trop currently sits and develop around it... in St. Pete.😐

 

I mean it's far from a done deal, but that's where the focus seems to be at the moment.

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34 minutes ago, McCall said:

Actually, they're coming along on a plan to build a new one were the Trop currently sits and develop around it... in St. Pete.😐

 

I mean it's far from a done deal, but that's where the focus seems to be at the moment.

 

Huh.

 

This all feels like Oakland 2.0. 

"I always wanted to be somebody, but now I realize I should have been more specific." Lily Tomlin

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5 hours ago, kimball said:

 

Huh.

 

This all feels like Oakland 2.0. 

At least the plan there would've seen the A's play at Oracle Park for a couple years while the new park was being built...where would the Rays' temporary home be if this happens?

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3 minutes ago, Burmy said:

At least the plan there would've seen the A's play at Oracle Park for a couple years while the new park was being built...where would the Rays' temporary home be if this happens?

Just have them bum with the Marlins, ez /s

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9 hours ago, kimball said:

and sporadic talk about how horrible St. Petersburg is for a ballpark.

 

Less than ideal? Sure. A Glendale/Sunrise situation? Not even close.

 

9 hours ago, kimball said:

Montreal seems like a logical solution,

 

Went poorly last time and nobody important/with money wants to own or build anything MLB-related there.

 

9 hours ago, kimball said:

but Nashville's bid seems strong.

 

Bunch of guys with no money drawing on napkins and making websites.

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