According to team president Dave Kaval, the Oakland Athletics have a legal contract in place to buy the land near the Las Vegas Strip where they plan to build a big league ballpark. Kaval made the announcement to the Las Vegas Review-Journal on Wednesday.

The deal relates to a 49-acre property that Red Rock Resorts, the organization that owns Station Casinos, owns.

On the location, a 35,000-seat stadium with a partially retractable roof worth $1.5 billion will be constructed, according to Kaval, who also said that plans for eateries and an amphitheater are also being considered.

For a while, we were traveling in parallel with Oakland, but now we’re focusing on finding a long-term home for the A’s in Las Vegas. To the Review-Journal, Kaval said. We’ve enjoyed living in Oakland for more than 50 years, but we really need to put this 20-year odyssey to an end, and we think there’s a way to achieve that here in Southern Nevada.

Rob Manfred, commissioner of Major League Baseball, stated that he was in favor of the purchase agreement and the A’s refocusing their efforts on relocating to Las Vegas after being headquartered in Oakland since 1968.

Manfred said the Review-Journal, “We support the A’s directing their attention to Las Vegas and look forward to their bringing finality to this process before the end of the year.

Sheng Thao, the mayor of Oakland, blasted the declaration and declared that the city is “ceasing negotiations and moving forward” to other choices.

According to the San Francisco Chronicle, Thao said in a statement, “I am deeply disappointed that the A’s have chosen not to negotiate with the City of Oakland as a true partner, in a way that respects the long relationship between the fans, the City, and the team.” “However, it is obvious to me that the A’s have no intention of remaining in Oakland and have only been utilizing this process to attempt to get a better deal from Las Vegas. I don’t want to keep playing that game because our citizens and the spectators deserve better.

The A’s have the option to buy an additional eight acres at a later time, according to the Review-Journal, but the purchase deal only covers the land. The location is about a mile north of the NFL’s Las Vegas Raiders’ home field, Allegiant Stadium, and about a mile west of the NHL’s Vegas Golden Knights’ arena, T-Mobile.

Having a site is very thrilling, according to Kaval. “We’ve spent almost two years doing our due diligence, working with community leaders, elected officials, and everyone in town to really determine a location that could be a win for the A’s as well as the community and public officials.”

Since 1983, Las Vegas has been the home of a Triple-A team, which is currently an Athletics affiliate.

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