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Athletics Estimate New Las Vegas MLB Stadium Will Cost $1.75B; Increase of $250M

Paul KasabianFeatured Columnist IIDecember 3, 2024

SEATTLE, WASHINGTON - SEPTEMBER 27: A general view of an Oakland Athletics logo and hat before the game against the Seattle Mariners at T-Mobile Park on September 27, 2024 in Seattle, Washington. (Photo by Steph Chambers/Getty Images)
Steph Chambers/Getty Images

The Athletics' new Las Vegas stadium, which is aiming to open in 2028, now carries a cost of $1.75 billion, or $250 million more than previously estimated, per Evan Drellich of The Athletic.

That increase is due to increasing construction costs and 70,000 square feet of more stadium amenities, per Sandy Dean, who owns a small stake in the A's.

"The increases in the cost of the stadium are the responsibility of the team, and the team would most likely finance that with additional contributions from the Fisher family," Dean said.

The A's are playing in Sacramento's Sutter Health Park for the next three seasons while the stadium is being built.

Mick Akers of the Las Vegas Review-Journal first reported on the cost increase, citing Las Vegas Stadium Authority documents.

"New elements added during the stadium's design phase include more clubs and suites, upgraded general admission spaces and player amenities," Akers reported. "The A's Las Vegas ballpark will be the first in Major League Baseball to offer under-seat cooling."

Dean also had this to say to Akers about the Athletics' desire for a "premier" MLB park: "The design process is iterative, and has been allowing us to add elements to the ballpark intended to make this a premier facility for Major League Baseball."

As of now, Fisher and the A's are on the hook for $1.4 billion of the $1.75 billion stadium. The remainder will be foot by the public via Senate Bill 1, approved in June 2023.

"As of this summer the public contribution for the ballpark through SB 1 was estimated to be about $350 million," Dean told Akers. "The estimates remain about the same and are subject to adjustment based on interest rates and other refinements that will be made as the project unfolds."

That breaks down to Fisher and the A's being responsible for $1.4 billion of the $1.75 billion price tag.

The stadium will have a 33,000-seat capacity, and construction is set to begin in the spring, per Akers.