The Oakland Athletics have signed a binding agreement to purchase land for a new retractable roof ballpark in Las Vegas after being unable to build a new venue in the Bay Area.
“We’re turning our full attention to Las Vegas,” Kaval said. “We were on parallel paths before. But we’re focused really on Las Vegas as our path to find a future home for the A’s.”
“I am incredibly proud of what we have accomplished as a City, including securing a fully entitled site and over $375 million in new infrastructure investment that will benefit Oakland and its Port for generations to come. In a time of budget deficits, I refuse to compromise the safety and well-being of our residents. Given these realities, we are ceasing negotiations and moving forward on alternatives for the redevelopment of Howard Terminal.
Oakland had the lowest opening day payroll in baseball at at $58 million — less than the combined salaries of Mets pitchers Max Scherzer and Justin Verlander, who tied for the major league high of $43.3 million.
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