Oakland Athletics Secure $500 Million Financing for Las Vegas Stadium

The team hires Galatioto Sports Partners to raise funds necessary for the $1.5 billion project, aiming for a 2028 opening.

The Oakland Athletics are moving forward with plans to relocate to Las Vegas, securing a $500 million investment to fund their new stadium.
Galatioto Sports Partners, known for major sports financing deals, will help the A's raise the needed funds in exchange for a minority stake in the team.
Nevada legislators have approved $380 million in public funding, contingent on the Athletics raising the rest of the required $1.5 billion.
The new stadium, expected to feature architectural elements similar to the Sydney Opera House, will seat 33,000 and include an 18,000-square-foot video board.
Delays in construction could push the expected 2028 opening date further back, with the team set to play temporarily in Sacramento until the new stadium is ready.