Happy Monday, Athletics Nation!
I’ve heard some fans speculate that A’s owner John Fisher may want to flip the team once they find a new home, hoping his franchise’s value will be bolstered by moving into a shiny, publicly subsidized new stadium.
However, Bob Nightengale at USA Today reported that the league’s approval of the A’s relocation plan came with strings attached, including sizable penalties if Fisher sells the team in the next ten years.
While MLB waived approximately $300 million in relocation fees to assist the A’s intended move to Las Vegas, they have imposed a 20 percent tax on the proceeds of the team’s sale should it take place before 2028, the year the A’s plan to open a new ballpark on the Vegas Strip.