Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, said he was optimistic three key documents needed to begin construction on a new stadium for the Athletics would be…
Oakland Athletics’ JJ Bleday and Zack Gelof celebrate with teammates after a baseball game against the New York Mets, Thursday, Aug. 15, 2024, in New York. The Athletics won 7-6. LAS VEGAS — Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, said he was optimistic three key documents needed to begin construction on a new stadium for the Athletics would be approved Dec. 5.
The three documents that need to be approved for the planned $1.5 billion, 33,000-seat domed stadium on the Las Vegas Strip are the lease, non-relocation and development agreements. The lease agreement was presented Thursday without a vote. “I think mostly it wasn’t contemplated in 2016 when we passed the law,” Hill said. “You don’t necessarily need that information in the law. It gives us optionality. We talked about it during the process that we’re going to get to 15 or 20 years and the parties involved will probably reopen the lease and renegotiate it.”
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