7 year old Indie Erardy shows off her newly signed baseball as Oakland Athletic players sign for the fans at Las Vegas Ballpark on Sun Mar 4, 2023 before their exhibition split squad game against the Cincinnati Reds (Las Vegas Register Review photo)
Three points on why A’s are leaning towards moving to Las Vegas
That’s Amaury News and Commentary
By Amaury Pi-González
Three big points for the Oakland A’s today and their possible move to Las Vegas are all related to money. Here they are: 1-Revenue sharing:
During the Winter Meetings in December, commissioner Rob Manfred pointed to January 15, 2024, as something of a deadline for the A’s to have a binding agreement with the City of Oakland. Under the terms of the new collective bargaining agreement, the A’s would lose their status as a recipient of revenue-sharing
(MLB teams will receive at least $100 million annually from TV rights contracts)
2-MLB relocation fee:
Commissioner Rob Manfred said that under current guidelines he has control of charging a franchise fee and has already gone to his executive council, which has endorsed the position. “That’s why I was prepared to say it publicly,” Manfred said: “If they can get it done in Vegas, there will not be a relocation fee for them.”
(How much does it cost to relocate an MLB team? An expansion fee would run at least $2.2 billion, Manfred said in April 2021, calculating the average value of major-league franchises at the time) 3-Las Vegas factor:
While the A’s played a couple of games this weekend at their Las Vegas Aviators Stadium (AAA affiliate) at Summerlin. Clark County Commission Chairman Jim Gibson told the San Francisco Chronicle that while “the governor has said no new taxes, that doesn’t mean there aren’t public revenues available” The Commissioner appeared ready to lobby state officials (in the Nevada legislation) for some “gift” close to the $750 million that Las Vegas Raiders owner Mark Davis received for a new stadium.
The Oakland A’s, according to the state of Nevada records, has recently formed a lobbying group for Nevada’s 2023 legislative session. A’s President Dave Kaval is listed among the names that make up the “Athletics Investment Group”. These lobbyists for the A’s are trying to influence legislation in Nevada’s government decisions regarding facilitating their relocation from Oakland to Sin City.
Stephen Edwin King is an American author of horror, supernatural fiction, suspense, crime, science-fiction, and fantasy novels, some adapted to many famous films. Credited with saying this: “Money talks and BS walks”.
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