LAS VEGAS — Oakland Athletics executive Sandy Dean told the Las Vegas Stadium Authority on Thursday that the club does not expect to spend the entire $380 million in public money allocated to build a new stadium in Las Vegas.
Dean said the A’s plan to spend $350 million of those funds, leaving $30 million on the table. He also told the authority that the club plans to finance $300 million of the stadium cost, but no lenders have been secured.
“We’ve had strong interest from a number of companies that want to participate in that portion of the project,” Dean said.
The other $850 million needed to build the $1.5 billion stadium would come from private equity.
By Associated Press
Published July 18, 202