Oakland Athletics plans to spend $350m of $380m public funds for Las Vegas stadium, with remaining $850m from private equity.
Oakland Athletics executive Sandy Dean reveals that the club plans to spend $350 million of the $380 million in public funds allocated to build a new stadium in Las Vegas, leaving $30 million unspent. The remaining $850 million for the $1.5 billion stadium will come from private equity. The team aims to finance $300 million of the stadium cost, but no lenders have been secured so far.
July 18, 2024
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