Sandy Dean a family business partner of Oakland A’s owner John Fisher addresses the Las Vegas Stadium Authority at the Las Vegas Convention Center on Thu Jul 18, 2024 regarding the financing of the Tropicana ballpark on the Las Vegas Strip. (photo by the Nevada Independent)
On the Oakland A’s Relocation podcast with Daniel:
#1 The Las Vegas Stadium Authority was notified by the Oakland A’s that they are in good financial standing and will not need to use all of the $380 million in public funds to pay for the construction towards the Tropicana ballpark on the Las Vegas Strip.
#2 The Stadium Authority met with Sandy Dean on Thursday. Dean a business partner with Oakland A’s owner John Fisher said the team is in “good shape” asked how the A’s are in good shape and where the finances were coming from to cover the $1.2 billion in construction costs Dean didn’t comment.
#3 Dean stated at the meeting that the A’s intend to use $350 million of the $380 million in public funds. Dean said the A’s never planned to use the full amount and that the remaining funding will be off set by debt financing.
#4 Public financing of the ballpark comes from transferable credits $180 million coming from the State of Nevada, another $120 million coming from Clark County bonds, and county infrastructure costs will run $25 million. So it looks like Nevada is ready to pitch in for their share of the costs.
#5 Still after the meeting the question of where Fisher was going to come up with his share of the construction costs at $1.2 million was an issue. In a March 2024 interview with the San Francisco Chronicle Fisher told the paper that payments for the construction costs at $200 million from debt, $500 million from the Fisher family, and another $500 million from investors. It’s mid July and there has been no word on where the money is coming from from Fisher’s share of the construction costs other than Dean saying the A’s are in “good shape” to cover the costs on the public money.
#6 News out of Sacramento Vivek Ranadive said that he’s prepared to spend millions for improvements to upgrade the park to MLB specs over the off season as the A’s will open the 2025 season at Sutter Health Park. The discussion of playing on turf has the Players Union concerned and MLB Commissioner Rob Manfred said all they have to do is put some water on the turf and that should cool things off and solve the problem.
Daniel Dullum does the Oakland A’s Relocation podcasts each Friday at http://www.sportsradioservice.com

