Tag: Sandy Dean

Oakland A’s Relocation podcast with Daniel Dullum: The wait continues for A’s share of construction costs; 1000s to be laid off after A’s season

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Sandy Dean Oakland A’s owner John Fisher business partner addresses the Las Vegas Stadium Authority on Thu Jul 18, 2024 (LV Sports Biz.com photo)

On the Oakland A’s Relocation podcast with Daniel Dullum:

#1 Lots happening the Oakland A’s still have time to come up with the $500 million for their share of the construction costs towards the Las Vegas ballpark on the strip. Sandy Dean Oakland A’s owner John Fisher business partner spoke to the Las Vegas Stadium Authority saying the A’s were in good shape financially.

#2 The truth of the matter is the A’s do not have the money right now for their share of the construction costs and it’s due by the end of this year. Dean says the A’s will have the money coming from debt that’s owed the team, the Fisher Family, and other interests.

#3 It was announced earlier this week that the A’s will be laying off over 1000 employees whether they be contractors or team employees that are not non baseball jobs because there are Sacramento Rivercats employees who are available to take up those jobs. Just a very few will survive the job cuts and will be coming up to Sacramento to work for the team.

#4 As far as we’ve learned most of the A’s radio and TV air talent will survive the cuts except for Vince Cotroneo who had broadcast with the team since 2006 will be leaving after this season due to the A’s not extending his contract.

#5 Amongst some of the departments being laid off at the A’s marketing, community relations, field operations, legal and ticket services which the Rivercats will cover when the A’s get to Sacramento.

Daniel Dullum does the Oakland A’s Relocation podcast each Friday at http://www.sportsradioservice.com

Oakland A’s Relocation podcast with Daniel Dullum: A’s say they’re in good shape on ballpark construction costs won’t need to use all $380 million of state money

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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