Athletics president Dave Kaval will resign from the organization after being the public face of the organization’s planned move from Oakland to Las Vegas.
The Las Vegas Stadium Authority approved the lease, non-relocation and development documents Thursday to clear the last major hurdles for the Athletics to construct a stadium on the Strip and bring Major League Baseball to the expanding sports market.
Athletics executive Sandy Dean says club owner John Fisher and his family will invest $1 billion into the construction of a stadium in Las Vegas and U.S. Bank and Goldman Sachs will offer a $300 million loan.
Oakland Athletics executive Sandy Dean has told the Las Vegas Stadium Authority that the club does not expect to spend the entire $380 million in public money allocated to build a new stadium in Las Vegas.
