Project broke ground in June

Oakland A’s stadium in Las Vegas cost now estimated at $2B, up from $1.75B

Rendering of the proposed Vegas ballpark.
2025-08-04
Reading time 1:58 min

The projected cost of the Oakland Athletics’ planned Major League Baseball stadium in Las Vegas has increased to approximately $2 billion, according to team owner John Fisher. This figure follows earlier estimates of $1.5 billion before construction began, and a rise to $1.75 billion in 2024.

The 33,000-seat stadium, which broke ground on June 23, 2025, is being constructed on nine acres of the former Tropicana hotel site, located at the southeast corner of Las Vegas Boulevard and Tropicana Avenue. The remaining 26 acres of the 35-acre property will be developed into a resort by Bally’s Corp.

Once completed, the venue would surpass the $1.9 billion construction cost of the Las Vegas Raiders’ Allegiant Stadium. Among local venues, only The Sphere, at $2.3 billion, has required a higher capital investment.

Construction progress and design goals

Although site preparation began in April 2025, the June groundbreaking marked a formal event attended by A’s leadership, Nevada Governor Joe Lombardo, state lawmakers, Clark County officials, and other stakeholders.

“The costs have gone up as more detail comes in. That’s fine,” Fisher told The Nevada Independent. “From the very beginning, we wanted a design that was unique. Vegas is one of the most unique towns in the world. We wanted a building that would symbolize the excitement and uniqueness that is the market.”

Fisher stated that the team intends to create “the most intimate ballpark in baseball,” where fans “feel like they’re part of the action.”

Construction is expected to take 32 months, with the stadium scheduled to open in time for the 2028 MLB season.

Financing structure

Fisher has committed at least $1.1 billion to the project. Additional funding includes a $300 million loan from US Bank and Goldman Sachs, as well as $350 million from a public financing package passed by the Nevada Legislature in June 2023 through Senate Bill 1. That package consists of state tax credits and revenues generated by a special tax district in Clark County.

As part of that arrangement, Clark County will issue $120 million in bonds to be repaid over 30 years. The county will also contribute $25 million for infrastructure improvements around the stadium site.

Fisher said he continues to seek investors in Las Vegas and other markets to acquire equity in the team. He is also in the process of selling his ownership stake in Major League Soccer’s San Jose Earthquakes. However, he clarified that proceeds from that transaction will not be used to finance the ballpark.

He did not specify how the additional cost increase—from $1.75 billion to $2 billion—will be funded.

The Athletics began exploring relocation options in 2021, following Major League Baseball’s approval to pursue alternatives due to unresolved stadium negotiations in Oakland. After evaluating several locations across the Las Vegas Valley, the organization selected the Tropicana site in April 2023.

While construction is underway, the franchise will play its home games at Triple-A Sutter Health Park in Sacramento through the 2027 season.

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