Oakland A's finalize new land deal to build new ballpark in Vegas

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Oakland A's finalize new land deal to build new ballpark in Vegas
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The Oakland A's got one step closer to moving the team to Las Vegas with the announcement Monday of a binding agreement for the site of a new ballpark, the landowner said.

A's officials reached an agreement with Providence, Rhode Island-based Bally's Corp. for what is called the Tropicana Las Vegas site on the Las Vegas Strip.

The ball club is expected to develop nine acres of a 35-acre site at South Las Vegas Boulevard and Tropicana Avenue for a 30,000-seat stadium. "We are excited about the potential to bring Major League Baseball to this iconic location," Oakland A's president Dave Kaval said in a statement."We are thrilled to work alongside Bally's and GLPI, and look forward to finalizing plans to bring the Athletics to Southern Nevada."

A new ballpark depends though on the A's securing public financing and related agreements from the Nevada Legislature and approval of Major League Baseball. Kaval previously had announced that the team had finalized a deal to buy a 49-acre site from the Red Rock Resorts, the parent company of Station Casinos, where they planned to build the stadium close to the Las Vegas Strip with a seating capacity of 30,000 to 35,000. The A's have been trying for years to build a new ballpark in Oakland as their current home at the RingCentral Coliseum has outlived its useful life.© 2023 CBS Broadcasting Inc. All Rights Reserved.

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