The Athletics, who have called Oakland home since 1968, announced they have entered a binding agreement to purchase land in Las Vegas for a $1.5 billion stadium and their efforts for a new ballpark will be focused there. There are still hoops to be jumped through, including approval of a funding mechanism by the state legislature and approval by MLB owners, but those parties seem to be supportive of the project.
“We support the A’s turning their focus on Las Vegas and look forward to them bringing finality to this process by the end of the year,” said Commissioner Rob Manfred in a statement.