Draft Lease Deal But No Fisher Stadium Financials on Las Vegas Stadium Board Meeting Agenda For Thursday Oct. 31


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By Alan Snel, LVSportsBiz.com Publisher-Writer

LAS VEGAS, Nevada — The public board charged with overseeing the A’s stadium project on the Strip is scheduled Thursday morning Oct. 31 to take a look at a draft of the proposed lease between the board and the A’s.

There’s also a draft of the deed for the stadium land, 9.41 acres at the former Tropicana hotel-casino site, to be checked out.

What is not on the agenda displayed on the Las Vegas Stadium Authority meeting agenda is any financial documents from A’s owner John Fisher showing his funding plan for the $1.5 billion, 30,000-seat domed stadium at the southeast corner of Tropicana Avenue and Las Vegas Boulevard.

The A’s franchise can use as much as $380 million in government assistance to help build the stadium that is scheduled to be open for the 2028 MLB season.

Fisher said he has been looking for investors, but has asserted he and his family stand ready to pay for the balance of the stadium construction, including a $300 million loan.

A’s owner John Fisher

The stadium board is chaired by Steve Hill, the public LVCVA tourism agency head who stood before the Nevada Legislature in June 2023 to make a case that the A’s should receive $380 million in public aid to help build the baseball stadium on the Strip.


 

Alan Snel

Alan Snel brings decades of sports-business reporting experience to LVSportsBiz.com. Snel covered the business side of sports for the South Florida (Fort Lauderdale) Sun-Sentinel, the Tampa Tribune and Las Vegas Review-Journal. As a city hall beat reporter, Snel also covered stadium deals in Denver and Seattle. In 2000, Snel launched a sport-business website for FoxSports.com called FoxSportsBiz.com. After reporting sports-business for the RJ, Snel wrote hard-hitting stories on the Raiders stadium for the Desert Companion magazine in Las Vegas and The Nevada Independent. Snel is also one of the top bicycle advocates in the country.