Stadium Budget Talk: A’s Ballpark Project Budget Increases To $1.75 Billion; Not Unusual For Stadium Construction Price To Increase
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By Alan Snel, LVSportsBiz.com Publisher-Writer
LAS VEGAS, Nevada — The Athletics’ stadium project on the Strip is now pegged at $1.75 billion instead of $1.5 billion.
And the $250 million increase in the project cost of the 30,000-seat, domed baseball venue is not unusual.
In fact, teams often re-calibrate their stadium and arena construction costs after the original price is publicized because major league teams often will add luxury seating or change designs. The Raiders tinkered with their stadium budget to add more luxury seating and even later added suites.
The Las Vegas Stadium Authority Board on Thursday will take up the A’s stadium, including taking a look at the project construction budget. Here’s a look:
The graphic showed the public is contributing $350 million toward the A’s stadium project, which is slated for the former Tropicana hotel-casino site. The 2023 state law had earmarked $380 million for the A’s stadium, but the team believes it needs only $350 million.
A’s owner John Fisher , whose family owns the giant Gap retail empire, said he will bring $1.1 billion to the project, while also borrowing $300 million from U.S. Bank. Fisher hopes to open the A’s stadium on the Strip in 2028 after playing three seasons in 2025, 2026 and 2027 at a Triple-A minor league stadium in Sacramento.
An interesting feature of the A’s stadium in Vegas is that Bally’s plans to build a hotel-casino that will connect to the Athletics venue.
The stadium board meets 3 PM Thursday at the Las Vegas Convention Center LVCVA meeting room on the east side of the complex.
Steve “Man of Many Hats” Hill chairs the stadium board.
He’s also CEO of the Las Vegas Convention and Visitor Authority (LVCVA), the public tourism promotion agency.
Hill also represented the A’s stadium subsidy interests when he, along with friend and Las Vegas consultant Jeremy Aguero, argued for the public subsidy stadium law before the Nevada Legislature in 2023.
And Hill’s LVCVA agency also supplies the administrative manpower for the stadium, replacing Aguero who stepped away from working for the stadium board because he works as a consultant for the A’s.
So when you want to build a publicly-subsidized stadium in Las Vegas, it’s one-stop shopping with Hill.
