And so the timeline more than anything has really made it very, very challenging for it to work … for all the stakeholders: the league, other teams, the owners, the community, all the different people. “Our vision for a waterfront stadium, and what it can mean for Oakland, we’ve invested $100 million, we spent six years and we’re still probably another seven or eight years away from opening. “We recognize this is a really difficult message and day for our fans in Oakland, and the Oakland community,” Kaval said. Las Vegas would be the franchise’s fourth city: the team played in Philadelphia from 1901-1954 and Kansas City from 1955-67. In a statement to the Las Vegas Review-Journal, commissioner Rob Manfred said: “We support the A’s turning their focus on Las Vegas and look forward to them bringing finality to this process by the end of the year.” The Las Vegas site is owned by Red Rock Resorts and is situated near Allegiant Stadium and the famed Strip. Given these realities, we are ceasing negotiations and moving forward on alternatives for the redevelopment of Howard Terminal.” “In a time of budget deficits,” the statement continued, “I refuse to compromise the safety and well-being of our residents. “I am deeply disappointed that the A’s have chosen not to negotiate with the City of Oakland as a true partner, in a way that respects the long relationship between the fans, the City and the team,” Thao said in a statement, per the San Francisco Chronicle. Oakland mayor Sheng Thao said negotiations to keep the A’s in Oakland are over. We’re focused on Las Vegas.”Īn about-face from here certainly would seem unlikely. We were on this parallel path for a while where we had kind of two markets, and we were kind of juggling - that period is over. So I hate to speak so categorically one way or the other, but what I would say is: we’re focusing all our energies on Las Vegas. “This has been such a long process, and there’s been so many twists and turns. … We could have a vote in their state legislature before they end their session in July. And so that’s kind of the framework that we’re working under. Looking for $500 million in a public-private partnership, and then the remaining capital would all be private capital, plus the money we spent on the land. “That’s an important piece here, to make sure that the $1.5 billion project can work. And we’re having very good conversations. That’s basically the way that the Allegiant (Stadium) deal for the Raiders went.
“We are in serious discussions with the elected leaders and public policymakers at the state level and at the county level, for an incentive package for a public-private partnership, for their contribution.
“We’re not all the way there in Nevada,” Kaval told The Athletic.
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