Source link : https://las-vegas-news.com/the-as-stadium-agreement-is-a-major-step-toward-the-2028-strip-lineup/
What the Agreement Actually Entails
On December 5, 2024, the Clark County Stadium Authority Board unanimously approved the final agreements to bring Major League Baseball to Las Vegas. Among the items up for Board approval on December 5th were a non-relocation agreement, which commits the team to play in the stadium for 30 years; the baseball stadium lease, also 30 years; and the development agreement for financing and developing the stadium. Let’s be real, this wasn’t just paperwork – it was the last major regulatory hurdle before shovels could officially hit the ground.
The Las Vegas Stadium Authority approved lease, non-relocation and development documents Thursday to clear the last major hurdles for the Athletics to construct a $1.75 billion stadium on the Strip and bring Major League Baseball to the expanding sports market. Approval includes a 140-page project development agreement that requires an independent construction monitor to oversee stadium progress. The Athletics organization, through their construction subsidiary Athletics StadCo LLC, would assume full responsibility for design, construction, and any cost overruns that might pop up along the way.
Who Gave the Green Light
The Las Vegas Stadium Authority approved the development, nonrelocation and lease agreements for the A’s planned $1.75 billion ballpark during a Thursday…
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Author : Matthias Binder
Publish date : 2026-02-06 19:27:00
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