The Tropicana is seen in the process of demolition on the Strip in Las Vegas Monday, July 22, 2024. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto

Bally’s merger helped A’s plan for Las Vegas

That’s Amaury News and Commentary

By Amaury Pi-González

As the Oakland A’s prepare to end their over half-century playing at the Oakland Coliseum this 2024, things in Las Vegas are moving with Bally’s corporation. And according to Bally’s Corp CEO Soo Kim, “It’s business as usual.”

So what does this mean? According to the Las Vegas Business Journal, which has been the best source of information regarding the proposed A’s relocating to Las Vegas, Kim (who managed the hedge fund) bought out Bally’s in an announced $4.6 billion deal.

With this deal, Bally’s owns the rights to develop the 35-acre Tropicana site. Thursday’s announcement moved the A’s closer to the potential move, as the Tropicana is now scheduled to be demolished in October.

Bally’s owns the rights to develop the 35-acre site for the proposed A’s ballpark. According to the Las Vegas Business Journal, the A’s are negotiating and finalizing a trio of agreements with the Las Vegas Stadium Authority that would make up to $380 million in public funding available to the team to finance a portion of the stadium’s costs.

Steve Hill, the Stadium Authority Chairman, said last week that he expects the work of those agreements, the development, lease, and non-relocation, to go until about December when they will be approved as the A’s enter into a contract with Clark County.

Once those agreements are approved, the A’s must also spend the first $100 million on the ballpark project before the public money is available. According to the Las Vegas Business Journal, the A’s will likely use just $350 million of the available $380 million in public funds.

Plans call for the construction of the A’s stadium to begin in April and be completed in time for the 2028 MLB season. Meanwhile, the A’s are scheduled to play the interim year of 2025-2027 at Sutter Health Park in Sacramento, as their tenure at the Oakland Coliseum ends September 26 against the Texas Rangers.

Like everything in a free enterprise capitalist Democracy, money rules, and like one: “philosopher” said, “money talks and BS walks”. Which is paraphrasing corrupt Democrat Congressman Michael Meyers in the 1980 Abscam probe.

It means, pay me a bribe or go for a walk, i.e., I’m not listening to you. It is similar to the “Pay to Play” corruption scheme in various parts of the country. “Pay to Play” is also why the FBI has investigated the Mayor of Oakland Sheng Thao.

Amaury Pi Gonzalez is the lead play by play announcer on the Oakland A’s Spanish radio network at 1010 KIQI San Francisco and 990 KATD Pittsburg and does News and Commentary at http://www.sportsradioservice.com