The San Jose Earthquakes and Pay Pal Park are both up for sale by Quakes owner John Fisher for a cool $600 million (photo of Pay Pay Park by Arch Key Solutions)
San Jose Earthquakes Soccer team is still for sale — And the Potential world Stoppage in Baseball.
That’s Amaury News and Commentary
By Amaury Pi-González
SAN JOSE–According to Forbes, the San José Earthquakes are valued at approximately $540 million, while Sportico values them at $600 million. The team for sale by John Fisher, owner of the once Oakland A’s, now playing temporarily in Sacramento.
The Quakes is officially on the market, with Fisher hiring an investment bank to handle the sale of a controlling share of the club. Fisher bought the team in 2007 for $20 million.
The top-valued team in Major League Soccer is LAFC (Los Angeles Fútbol Club) at $1.28 billion, followed by Inter Miami, LA Galaxy, Atlanta United, and New York City FC. The valuations of the top teams are much higher, with LAFC leading the league at $1.28 billion, followed by Inter Miami, LA Galaxy, Atlanta United, and New York City FC.
The original cost of the 33,000-seat Las Vegas A’s baseball park, $1.5 billion, is now expected to exceed $2 billion. It increased due to rising construction costs and detailed planning. Cost overruns are not unique to baseball stadiums; they are a frequent issue in almost any large construction project.
Could the potential MLB work stoppage be an obstacle for the A’s Las Vegas baseball park? Considering a potential work stoppage is expected for the 2026-27 season, it could not only halt the A’s Las Vegas project but also kill the Major League Baseball season.
The owners want a salary cap, but the union opposes it. What else is new? The baseball owners and the players’ union are like the two main political parties in Washington. The collective bargaining agreement (CBA) between Major League Baseball and the MLB Players Association expires on December 1, 2026. There is a lot at stake, and this could be a long work stoppage.
Note: There have been nine work stoppages in Major League Baseball (MLB) history, which include both player strikes and owner lockouts. The most recent Major League Baseball (MLB) work stoppage was a lock out inititated by the team owners, which lasted 99 days from Decemvber 2, 2021, to March 10,2022
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