Team owner John Fisher has been trying to sell a minority stake in the team for some time now. Recently, the A’s have brought on Galatioto Sports Partners to assist them in finding an investor or investors to help finance a new ballpark in Las Vegas. The main goal of this partnership is to secure $500 million to contribute towards the construction of the new stadium. In June, Nevada lawmakers allocated $380 million in public funds towards the project, which is estimated to cost around $1.5 billion. However, in order to access these public funds, the A’s are responsible for covering the rest of the expenses. To do this, they must present a detailed financing plan for the remaining costs.
A’s Seek $500 Million for New Las Vegas Ballpark through Partnership with Galatioto Sports Partners
