Exec says Las Vegas A's won't use all $380 million in public funds for stadium.

During a meeting with the Las Vegas Stadium Authority, Sandy Dean, an executive for the Oakland Athletics, shared that the club would not be using the full $380 million in public money allocated for the construction of their new stadium in Las Vegas. Instead, they plan to use $350 million and leave $30 million available. Dean also mentioned that the remaining $300 million needed for the stadium's cost would be financed, but the club has not yet secured any lenders.

According to Dean, there has been significant interest from various companies looking to contribute to the project. The remaining $800 million for the $1.5 billion stadium would come from private equity. During the meeting, the board also discussed a 30-year non-relocation agreement, which would allow the A's to play up to seven games over the course of two years in international locations or special U.S. sites, such as the Field of Dreams in Iowa. However, no more than four games per year would be played outside of Las Vegas.

The A's are hopeful to open the 33,000-seat ballpark in time for the 2028 season. They have also brought on New York-based Galatioto Sports Partners to assist in finding investors for the project. It was also noted that this would be the A's final season in Oakland before moving to Las Vegas. However, they have agreed to play the following three seasons, with an option for a fourth, in a Triple-A stadium in West Sacramento, California, which they will share with the San Francisco Giants' Triple-A club, the River Cats.

The financing plan for the new stadium was presented to supplement the public funding that was approved by the Nevada Legislature, controlled by Democrats, in a special session last June and signed by Republican Governor Joe Lombardo. It seems that the A's are well on their way to securing the necessary funds for their new Las Vegas stadium, with a mix of public and private investment. As their final season in Oakland approaches, the team looks towards the future with excitement and anticipation for their move to a new city.

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