'The reality is the A's ownership had insisted on a multibillion-dollar, 55-acre project that included a ballpark, residential, commercial and retail space. In Las Vegas, for whatever reason, they seem satisfied with a 9-acre leased ballpark on leased land.'
Several academic articles -- including a 2015 study from Stanford economist Roger Noll -- came to the conclusion that professional sports stadiums do not generate local growth as advertised. According to one study published by the Journal of Economic Surveys in 2022, overall employment tends to not grow in the stadium's communities and areas with sports teams and stadiums are not associated with greater income growth or business activity.
Oakland fans have vocally pushed back against moving the franchise to Las Vegas. On Tuesday, A's fans staged a reverse boycott intending to fill the Oakland Coliseum, which has averaged 8,555 fans this season. The game drew 27,759 and created a playoff atmosphere, with chants of "Sell the Team!" reverberating throughout the stadium.Manfred said he was out at dinner with the owners during the game but read the coverage about the event.
The A's went to the playoffs in 2019 and 2020 before the team began trading away its young stars in an attempt to reduce payroll, now the lowest in baseball. While the quality of the roster declined, the team raised ticket prices. In trying to justify the relocation to Las Vegas, the team stated the poor attendance and the condition of the ballpark prompted the move.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MLB lays out approval process for Oakland Athletics' move to Las VegasMajor League Baseball laid out a detailed process to approve the Oakland Athletics move to Las Vegas, which appears set to become the second shift of a franchise in the last half-century.
Read more »
MLB to start months-long approval process for Oakland A's move to Las VegasA day after the Nevada Legislature approved $380 million in public financing for a ballpark on the Las Vegas Strip, baseball Commissioner Rob Manfred...
Read more »
Oakland A's stadium deal wins final legislative approval as MLB weighs Vegas moveThe deal that backers said will help further establish Las Vegas as the new “entertainment and sports capital of the world” still needs the governor’s signature, and MLB still must approve the A’s move to the Las Vegas Strip, but both are anticipated.
Read more »
Oakland A’s, Nevada Assembly still negotiating over Las Vegas ballparkThe vote stood to make or break the Oakland A’s vision of a $1.5 billion, 30,000-seat ballpark on the Las Vegas strip.
Read more »
Oakland A’s Move to Las Vegas Advances as Nevada Lawmakers Approve Stadium FundsWith public money to build a baseball park on the Las Vegas Strip, the A’s relocation will likely go to a vote of Major League Baseball owners.
Read more »
Nevada Legislature approves deal for Oakland A’s Las Vegas ballparkThe vote stood to make or break the Oakland A’s vision of a $1.5 billion, 30,000-seat ballpark on the Las Vegas strip.
Read more »