With Athletics Stadium Not On Agenda, Las Vegas Stadium Board Handles Raiders Stadium Financial Housekeeping Thursday
By Alan Snel, LVSportsBiz.com Publisher-Writer
The Las Vegas Stadium Authority Board has a new home. The public agency that’s dealing with the Athletics’ stadium plan for Las Vegas now holds meetings in the LVCVA board room on the east side of the massive Las Vegas Convention Center complex.
The meeting was rather quiet without the Athletics stadium on the agenda.
The A’s brass plans to offer a few words at a local Las Vegas Chamber preview event Jan. 24 about its $1.5 billion, 33,000-seat stadium planned for the Tropicana hotel-casino site at Las Vegas Boulevard and Tropicana Avenue.
On social media, Athletics front office execs were in Sacramento checking out a ballpark to serve as a temporary home for the 2025, 2026 and 2027 seasons because the MLB team’s lease at the Coliseum in Oakland expires after the 2024 season. The A’s want to start playing on the Strip in 2028.
The Athletics also checked out Salt Lake City as a potential temporary home from 2025-2027.
Back in Las Vegas, LV stadium board chairman Steve “Man of Many Hats” Hill, the LVCVA CEO who represented the Athletics before the state legislature on the stadium subsidy bill in June, said the A’s stadium community benefits proposal will likely be presented at a stadium board meeting in either February and March.
Observers mentioned that the LVCVA has nice new digs, but the A’s still have not presented their stadium drawings and their plan to provide $1.1 billion toward building the stadium, with the public contributing $380 million to help construct the venue.
As you can see the Raiders stadium room tax revenues are running slightly higher this year over last year.
Here’s the attendance for events at the Raiders stadium for July, August and September.
The Raiders’ chief financial officer. Michael Crome, told the board the team plans to have a new artificial playing turf for the UNLV football team. The Raiders use natural grass inside the domed stadium, but the UNLV football team plays on artificial turf.
The stadium board also approved the Raiders stadium capital projects and compensating UNLV to the tune of nearly $2 million.
Interesting to note the UNLV football team reported in fiscal year 2023 net income of $3,017,567.23, according to the Las Vegas stadium board.
