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@@Bk6346Tropicana was going to get demolished regardless whether A’s or not. It’s an old outdated hotel and Vegas loves tearing down and rebuilding. It’s not a sure thing
John Fisher must have been quaking in his boots when he heard about the stadium cost increase. There goes any money for third-tier free agents for next season. 🤣🤣🤣
@@dougfowler1368 I remember Mario Soto. Yeah, he was VERY good for the Reds for a few season there in the early to mid 80s. Maybe Mario can crack the A's lineup as middle reliever....? I say let him at least try out! 🙂
Where was Fisher's $1.1 billion to stay in Oakland? An updated Coliseum would have been better than a new stadium in Vegas. Taking out Mt Davis would have been an improvement alone. Plus all that land, to easily add a team store, a GAP location and hotel.
Agreed. Clean that area up, build hotels, bars, housing. So much potential. Instead, it's another shiny object on the strip that will be obsolete in 10 years.
People wont go to Vegas for the A’s like they do the Raiders. On top $1.2 billion is going to jack ticket prices through the roof. With high prices the A’s will have to have a ton of day games, as most will take that money through the doors of the casinos.
There was an attempt to get the public funding overturned and redirected to education ("Schools Over Stadiums") but they lost their court case and weren't able to get their citizen's initiative on the ballot for 2024.
Fisher loves to burn bridges and argue with cities and still has the nerve to announce his spending limit despite it not covering the costs. I dont think this guy has ever been told no in his life
same as the old Coyotes owner did and the NHL was like we finally had enough sell the team . Depends how long the A's play in a minor league park before MLB finally goes you are done sell the team . the MLB wants to expand what is holding that the A's and Rays need new stadiums .
Great video. As a CPA, I'll just add that GAAP stands for Generally Accepted Accounting Principles and is usually in reference to a specific set of standards (in this case, likely United States GAAP) and it's pronounced "gap," like the store.
The City of Las Vegas is going to regret getting in business with John Fisher. Even Mark Davis didn't want to do business with him for a reason. The dude is a horrible owner and cheapskate. Plus MLB is not going to work on the Strip, fans are NOT going to come 80 plus games in the summer to deal with the traffic chaos of the strip!
If In-and-Out doesn't want to stay in Oakland, why would the A's. The fan base never supported that team; even when they were winning. Oakland is a crime-riden POS.
I'm looking at what's going on in Los Angeles. A major renovation was done to the LA Coliseum. A big renovation is happening right now at Dodger Stadium. A big renovation is in the works for the Rose Bowl. Why in the name of GOD did nobody in Oakland say, 'Let's tear down Mount Davis and give the coliseum a major renovation?' They had the land. They had good public transit and freeway access. Anybody with any brains could see that Laney College wasn't going to work, and Howard Terminal was a pipe dream. This is something that the A's and the city of Oakland should have been working on the minute the Raiders and Warriors left that site. And this all could have been done for a fraction of the cost of a new joint in Vegas. We would still have our team, in a beautifully renovated coliseum, with our restored views of the East Bay hills. I have to remember...this is Oakland. I guess it just makes too much sense.
Those renovations to the LA Coliseum, Dodger Stadium & Rose Bowl are 100% privately funded with zero taxpayer money involved. The issue with a stadium in Oakland has always been that Fisher wanted to put as little of his own money into the deal as possible and wanted as much taxpayer money Ashe could get. So, even if a major renovation of the Coliseum was proposed, Fisher would still be trying to pimp the City of Oakland for as much taxpayer money as possible. When the Giants and Warriors built their new home venues without a cent of taxpayer money, why would Fisher be entitled to anything different? In addition to the Giants’ & Warriors’ privately funded venues, Dodger Stadium, Staples Center & The Forum (Lakers & Kings), SoFi Stadium (Rams), Intuit Dome (Clippers), LA’s two MLS stadiums & the $600+ renovation to the LA Coliseum (USC) were all privately funded projects without a cent of pubic/taxpayer money involved. With all these other team owners able to operate their sports franchises without corporate welfare, Fisher’s insistence on pubic funding is effectively saying he isn’t as good as operating his franchise as virtually any other team owner in California. Let Vegas have the guy who doesn’t know how to operate his business profitably because in California an owner like Fisher is known as a Loser.
Will say this again, the MLB now has the worst collection of owners of any of the Big 4. Bettman is gleaming as he sunsets the he's no longer the worst Commissioner of the Big 4.
We Canadians would disagree with you. Buttman is the "Poisoned Penguin" to us Canadians. As a side note can you imagine these 4 commissioners playing a game of contract bridge.
Essentially, John Fisher has the assets and net worth to build a Stadium but there is no proof that he has the money on hand to build the Stadium. He has the money, but it looks like he isn’t willing to spend the money
There is no doubt in my mind that when this project goes over budget they are going to ask the taxpayers to pay for it. And this project will be closer to 2.5B with the Trump tariffs.
I work in electrical. I know that ordering switch gears, transformers expect a year plus out to be sent to site. Also electrical deadlines are hard to be met due to errors, updated blue prints, etc.
I'll take the Aviators, Las Vegas Ballpark, easy access, and tickets as low as $18, thank you very much. Forget the A's and a zillion.dollar stadium on the strip.
Both the A’s situation and the Rays ballpark are a bad look for MLB. Now there are two teams playing in minor league stadiums. And expansion is likely postponed.
And they play 10x’s as many home games as the Raiders. Vegas doesn’t have a home fan base and There’s no TV market for advertising on 162 televised games.
I'd put the A's down at 10th most relevant with the Silver Knights, Desert Dogs, Lights, Aviators, and Thrill also ahead of them. @@joevelte4252 Yeah, but it's better than MLB...which isn't a high bar to clear.
If I had the ability to buy a portion of the A’s, I don’t know that I would. I don’t know that I’d want to be the minority ownership with whom the majority owner is. If I had that kind of cash, the White Sox would be a better investment IMO.
This has been a debacle all along. A bunch of people just signing off on big issues and bigger expenses with a kind of "we'll figure it out later" mentality. I hope the Vegas scenario fails hard. All I see are broken hearted Oaklanders, and Vegas residents who are gonna see their taxes balloon when Fisher inevitably says he needs more public funds.
The fact that 1.75 billion is on the low end suggests that the actual cost will likely be closer to three billion. Will Fischer choose to pay the additional amount or will he simply walk away?
Sounds like Fisher may not be liquid enough for this project. As for the cost of the stadium, the stadium everyone points to as the model is Truist Park which only cost $622m. I get this is out west, but the design might need to change to something more affordable.
It's not about being out West, it's that the stadium is being built in a desert climate with a design tethered to having a roof and controlled air environment. Without the roof this project is considerably cheaper but is a no deal for the A's ownership.
New subscriber and I’ve covered sports in LV for 20 years. Nice report Brodie. This could get really interesting. Getting SB1 signed was painful. I think Fisher has to know he can’t go back to the state for anything because they won’t give it to him. If he needs more money he’ll have to take on an investor in the team or it falls apart.
If the Vegas stadium isn’t completed, I would question if baseball could recover from that kind of debacle. I worry the cost will balloon up to $2.5B with some tariffs in place by the end of 2025, and more to come, but I’m also anticipating work crews will be in short supply and their wages will be well over all projections…
Don't blame Vegas and Navada not interested in majorly funding this other then a few hundred million. The Sphere has been a dud so has the F1, both costing Vegas and Navada billions to build. Also, the sad truth is the somewhere between 500 to 700 million will go to usless beurocracy planning amd permits. All can be done for a few million dollers in a heavy regulated non corupt environment.
Nope. Fewer than the Raiders, but the difference is visiting fans won't fill up any stadium the way NFL games do. Vegas fans LOVE the Golden Knights and couldn't care less about the Raiders. They don't want the A's. They do want an expansion team.
Basically none. Vegas locals want an MLB team, but not another one of Oakland's rejects. A homegrown expansion team, like the Golden Knights, would do much better with the community than the A's.
@Scantronimus466 totally agree. Fisher/Kaval think the A's brand will suddenly become huge like the Dodgers, that's why they want to play games outside of Vegas 6 times a year.
I think the A’s might end up in Utah where there is already some funding in place. Rays end up in Vegas at the original site not with the hotel. That parcel of land just seems too small. I don’t think we ever see those rendering or anything close.
Agreed, except that the A’s end up in Portland. Utah will get either an expansion team or the Angels after their Anaheim stadium lease expires in five years.
This whole stinking arena plan/relocation of the A’s has been a botched up “hot mess” from the beginning. I’m hoping against hope that MLB’s plan to relocate the A’s to Vegas falls apart and blows up in their faces…but I guess I won’t get my wish. And the worst part of it all is that Vegas sports fans don’t want the A’s, who are now a poorly run franchise, in the first place. Vegas deserves to have an expansion team with a clean slate that it could grow up with and learn to truly love.
While Mark Davis got investors to buy into the Raiders. You are absolutely right that Fisher not finding anyone to buy into the A’s speaks loud & clear.
@ technically the coliseum site has been ready for a shovel for over a decade. Could’ve been built for 500M at the time. Rather than trying to be cute they could’ve been in a new place years ago for a fraction of what it costs today
@@RogerBates7you must be an out of towner who doesn’t understand a thing about this. Better go hurry and support the raiders before the pick up and leave because Vegas didnt support em.
@stefanbrown5872 You are delusional. Lol. I have zero ties to Vegas, first off. I just know how to read and follow a story. You, Brodie, and a bunch of other Oaklanders are fabricating this story that Fisher walked away from a ready-made deal to build in Oakland. That's candy land. Every site in the bay area had issues. Every one. Howard terminal had lawsuits, environmental issues. The government in Oakland went through a corruption thing with the last mayor. Manfred stepped in because the ballpark situation was becoming a disaster. Nobody woke up one day and said "let's move them to Vegas." That's a myth that locals need to tell themselves after losing 3 franchises.
Solution to all this stupidity, tear down that Mt. Davus, and completely renovate the coliseum, and keep the A's playing in Sacramento those 3 years, after they complete the renovation, the A's can return to Oakland in a brand new renovated coliseum.
Who’s paying for the Sacramento stadium? They have new leaders in who are against building a new stadium. What player wants to play or live in Utah? Especially the black players. We know Utah love using the N word at Jazz games.
Fisher. Tepper at least is self made but pulling the plug on the SC practice facility was a dirty move. Not to mention everything else about him. Fisher inherited his money and has no idea what he is doing.
Imagine a stadium in Las Vegas where you have Arizona Fall League games and a Formula One race. Only one lane of traffic headed right towards the Fisher Zone.
Not to get off the subject but Brodie you need to maybe do a video with Steven Vogt .I know he is out of the immediate area and the skipper of the Cleveland Guardians but you like to reach out ...Maybe ? Ok I'll go away....
I’m just curious about this aspect of the stadium situation… Sutter Health can hold 14K (including the lawn and standing room, which is not ideal for a stadium in the MLB of course). Their average attendance rate per game has been from 8K-11K since 2021. I wonder how this is going to change in the new ballpark. I get it’s a new demographic but idk if the people in Sacramento are going to be enthusiastic about what at least currently is a loaner team. Maybe they think a higher turnout is going to persuade A’s ownership to change course, but I see it as being more like the Fishers will just say “thanks for the funding” and move on. Just my suspicion.
All indications point towards Sutter Health being a cash cow for the Athletics. Despite being 1/3 the attendance in size, the price of the tickets will be 5 times the costs of the Coliseum, meaning it'll earn more revenue than a season sell out annually. Lobbyists are chomping at the bit to scoop up tickets with the distance from the capital being 1.2 miles. Beyond that, everything in Las Vegas is 100% on schedule. Not one thing has been behind despite people wanting it to be.
@@jameszygadlo5560 Agreed James. I don't understand how moving to Sacamento is going to hurt the A's over the next couple of years. Very few people were paying big bucks for A's tickets in Oakland.
$5 says its above 3 billion if it actually gets done. Its a 3 yr process , new renditions every week , state of the art , inflation , unions , supplies , etc.... lived in Vegas over 30 yrs....the initial cost is actually half the cost. Contractors under bid to get the job, get hired , then costs go up if you want it finished. 😉😉😉
John Fisher needs to take note from the dodgers ownership. Dodgers are investing their own money for ball park renovations all before the 2025 season begins, prioritizing fan experiences in center field. Fisher on the other hand is an embarrassment who could’ve used less than 1.1 billion to remodel the coliseum site.
What do you think the price of Gap stock will do when he goes to monetize a big chunk of that stock to fund the stadium, which BTW is a stadium that will not be owned by Fisher nor the A’s, but rather, the owner of the stadium will be the local stadium authority.
@distantgalaxymusic1447 Do you know Vegas traffic or the area where the ballpark is located? Locals will not go there and it's EXTREMELY close to McCarran (screw Harry Reid)
I will say there should be rules with these projects that if costs spike beyond estimation (if the taxpayers are footing a single penny) that ANY additional cost has to be paid by the sports team + the same amount going back to the taxpayers as an apology. All I'm saying is there'd never be a cost overrun again
Once the Fisher family realizes that they’re gonna go away over budget, they’re really gonna have to sell because it’s out of their range and +2. What they’re asking for is gonna go away over their budget and they’re gonna come to realize that they can’t afford it.
If Fisher was a self made billionaire I would agree with this. Fisher however inherited all his wealth and is known as a lousy businessman. So no, I don’t think he knows how to handle this. It looks to me like Vegas is playing him like a fiddle and it won’t end well for Fisher. My prediction is an NBA expansion team will play in Vegas before the As.
Another consideration is that if these tariffs and inflation continue, will people have enough disposable income to do something like watch baseball in Las Vegas?
Taxpayers are tired of billions of dollars being spent on sports teams, where less than 1% of the population actually attend games, when roads, schools, infrastructure etc. need millions of dollars the taxpayers are told "there's no money for that". Leagues make billions in profits annually, the NFL will make $20 BILLION this year, they can take $2 BILLION a year and finance each franchise's new stadium every 30 years, and build them all to suit their standards. Other leagues need to do the same. They need fans to come to the stadium and watch on TV to make those profits. Atlanta has lost 2 hockey teams, DC lost 2 baseball teams, St Louis lost 2 NFL teams, an NBA team, and a MLB team, NYC lost 2 MLB teams none of these cities dried up and blew away losing their teams. Phoenix will still grow and survive without the Coyotes (who they stole from Atlanta as I remember) or the Diamondbacks. The area is large enough and rich enough that NO sports league wants to lose it, especially when it comes to negotiating TV rights. Tampa and Oakland are already losing their teams, it's not a good look for MLB to keep threatening to "leave" when so many other cities are basically telling them "there's the door, we don't need you here". Residents are speaking through the ballot box that they don't want to spent anymore tax dollars for billionaires to get richer while they suffer with failing infrastructure that they're told "there's no tax money for"....
I always amazed how they can find the money to build these stadiums but can't get through the red tape or find the money to build affordable housing. You keep squeezing the working class you will fail to fill these stadiums with their overpriced beers and hotdogs. I can see why people are predicting a big economic fsil in America
Las Vegas A's doesn't sound right. Oakland messed up but at least they will be closer to us. Also with 1.1Bln for a stadium, whats left for the players?
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Hi 👋, Brodie I forwarded an Article from USA Today about the Washington Commanders 🏈, getting the possible go ahead to build a new stadium in Washington DC. I am from the Washington DC Metro area and there is a lot of excitement for the future of the team and the playoffs the Washington Commanders changing their name again, in the near future.
No public funds for billionaire entertainment centers
It's a tax district jesus christ
Tax district give me a F(*(break. Just another phony phrase to suck money out of the public.
Don’t cry when Athletics left Oakland for Las Vegas
It’s a bit more complicated than that.
I still got dollars to donuts that the A's never play in that stadium...
Agree.
You just might be right good sir.
@@larrycanepa They already tore down the hotel
@@Bk6346 not saying they won't build a stadium or anything on that site. Just don't think the A's will ever be playing in it
@@Bk6346Tropicana was going to get demolished regardless whether A’s or not. It’s an old outdated hotel and Vegas loves tearing down and rebuilding. It’s not a sure thing
John Fisher must have been quaking in his boots when he heard about the stadium cost increase. There goes any money for third-tier free agents for next season. 🤣🤣🤣
I heard the A's are currently in the mix for Juan Soto. 🙂
It's not an increase. It's over $2B and always has been
@michaelmarkowski204 It was Mario Soto :-) Hey, before injuries he was pretty good for a bad team. Bit old now...
@@dougfowler1368 I remember Mario Soto. Yeah, he was VERY good for the Reds for a few season there in the early to mid 80s. Maybe Mario can crack the A's lineup as middle reliever....? I say let him at least try out! 🙂
@@stevekassel3301 I'd say the over / under should be $2.5B once it's completely finished.
Where was Fisher's $1.1 billion to stay in Oakland? An updated Coliseum would have been better than a new stadium in Vegas. Taking out Mt Davis would have been an improvement alone. Plus all that land, to easily add a team store, a GAP location and hotel.
Agreed. Clean that area up, build hotels, bars, housing. So much potential. Instead, it's another shiny object on the strip that will be obsolete in 10 years.
People wont go to Vegas for the A’s like they do the Raiders. On top $1.2 billion is going to jack ticket prices through the roof. With high prices the A’s will have to have a ton of day games, as most will take that money through the doors of the casinos.
@ncdad1995 yucky atmosphere. I hate Vegas.
@@ncdad1995people don’t go to Vegas for the raiders either lol.
Nobody supports the raiders in Vegas lol
@@stefanbrown5872 Instead of "Sin City," visiting teams and fans call Las Vegas WIN CITY because they always get a win against the Raiders there.
US Bank letter is saying "we saw money on an account on June 30". Doesn't mean that there's money on July 1. No escrow account, no real commitment.
That math looks like a bigger funding gap than the one that killed Howard Terminal
People want to actually go to vegas. Oakland is trash. They're the new Detroit
"1.5 billion dollars? What do you mean 1.75 billion dollars? We can't do this with just 2 billion dollars! It will take at least 2.5 billion dollars!"
Especially once the steel tariffs hit.
Don’t they need roads, bridges, police, hospitals and schools more than a billion dollar stadium?
Yes, but the Nevada government already said yes to the public money
@@therealjcon Huge mistake
There was an attempt to get the public funding overturned and redirected to education ("Schools Over Stadiums") but they lost their court case and weren't able to get their citizen's initiative on the ballot for 2024.
Brb let me heat up my popcorn
Fisher loves to burn bridges and argue with cities and still has the nerve to announce his spending limit despite it not covering the costs. I dont think this guy has ever been told no in his life
same as the old Coyotes owner did and the NHL was like we finally had enough sell the team . Depends how long the A's play in a minor league park before MLB finally goes you are done sell the team . the MLB wants to expand what is holding that the A's and Rays need new stadiums .
His people have been doing this for 6,000 years.
@@rentslaveAlright alright, please calm down with that. Fisher is a disgrace to us too, no need to take it there.
Great video. As a CPA, I'll just add that GAAP stands for Generally Accepted Accounting Principles and is usually in reference to a specific set of standards (in this case, likely United States GAAP) and it's pronounced "gap," like the store.
I love me a good GAAP. Cmon assets minus liabilities
The City of Las Vegas is going to regret getting in business with John Fisher. Even Mark Davis didn't want to do business with him for a reason. The dude is a horrible owner and cheapskate. Plus MLB is not going to work on the Strip, fans are NOT going to come 80 plus games in the summer to deal with the traffic chaos of the strip!
I’m a local, I can’t wait to go to games.
@@951treeg To see the A's, or because [team you like] is in town to play against them?
@@951treegIt would have been cheaper to pay to fly to Oakland to attend the games than to attend games in the new stadium.
@@MysterioPromotions The City of Las Vegas regrets nothing even if the baseball team is a failure. It’s SIN CITY.
Wow, a price increase and people are still expecting Fisher to fork out the funds and then increase payroll? Now I really got to see it to believe it.
But this money could have been used to keep the A's in Oakland. I don't get it. No wait I do. FJF and Manfred and MLB
Thank you
If In-and-Out doesn't want to stay in Oakland, why would the A's. The fan base never supported that team; even when they were winning. Oakland is a crime-riden POS.
All of a sudden they have all the money, minimum public funding needed
Hi Brazil, checking in from Brazil. Very good content.
That stadium will be 2.5 billion minimum and don't be surprised if it gets to 3
@@BigBlueHorses and even at that, it will be a fixed dome.
@@BigBlueHorses Contractors will get rich
Good points Brodie .
For the first few years tix will be crazy expensive due to low capacity, and concessions too. Welcome to Vegas!
People will go to games. It will be all the visitor fans
SUCKER!!!!!! It's never going to happen!!!
I'm looking at what's going on in Los Angeles. A major renovation was done to the LA Coliseum. A big renovation is happening right now at Dodger Stadium. A big renovation is in the works for the Rose Bowl. Why in the name of GOD did nobody in Oakland say, 'Let's tear down Mount Davis and give the coliseum a major renovation?' They had the land. They had good public transit and freeway access. Anybody with any brains could see that Laney College wasn't going to work, and Howard Terminal was a pipe dream. This is something that the A's and the city of Oakland should have been working on the minute the Raiders and Warriors left that site. And this all could have been done for a fraction of the cost of a new joint in Vegas. We would still have our team, in a beautifully renovated coliseum, with our restored views of the East Bay hills. I have to remember...this is Oakland. I guess it just makes too much sense.
Preach
Those renovations to the LA Coliseum, Dodger Stadium & Rose Bowl are 100% privately funded with zero taxpayer money involved. The issue with a stadium in Oakland has always been that Fisher wanted to put as little of his own money into the deal as possible and wanted as much taxpayer money Ashe could get. So, even if a major renovation of the Coliseum was proposed, Fisher would still be trying to pimp the City of Oakland for as much taxpayer money as possible. When the Giants and Warriors built their new home venues without a cent of taxpayer money, why would Fisher be entitled to anything different?
In addition to the Giants’ & Warriors’ privately funded venues, Dodger Stadium, Staples Center & The Forum (Lakers & Kings), SoFi Stadium (Rams), Intuit Dome (Clippers), LA’s two MLS stadiums & the $600+ renovation to the LA Coliseum (USC) were all privately funded projects without a cent of pubic/taxpayer money involved. With all these other team owners able to operate their sports franchises without corporate welfare, Fisher’s insistence on pubic funding is effectively saying he isn’t as good as operating his franchise as virtually any other team owner in California. Let Vegas have the guy who doesn’t know how to operate his business profitably because in California an owner like Fisher is known as a Loser.
@@dorothygale1104 Oakland Alameda Coliseum is owned by the City of Oakland and Alameda County. Why should John Fisher pay for stadium renovations?
@@Bk6346 fisher owned half of the coliseum. And he received 100% of the profits from the baseball games.
It would be cheaper to tear down the Coliseum and build from scratch. They still should have done it though.
Will say this again, the MLB now has the worst collection of owners of any of the Big 4. Bettman is gleaming as he sunsets the he's no longer the worst Commissioner of the Big 4.
Manfred now has the same issue he had, just twice as bad.....
Of the Big 5 as well
Bettman is such an awful commissioner the NHL is falling out of the Big 4. Far worse than Manfred
There is NO BIG 5, that mls is a 4th division league and besides, soccer xucks big time.
We Canadians would disagree with you. Buttman is the "Poisoned Penguin" to us Canadians. As a side note can you imagine these 4 commissioners playing a game of contract bridge.
We love you brody
This will cost about $2 to $2.5B once done.
Essentially, John Fisher has the assets and net worth to build a Stadium but there is no proof that he has the money on hand to build the Stadium. He has the money, but it looks like he isn’t willing to spend the money
There is no doubt in my mind that when this project goes over budget they are going to ask the taxpayers to pay for it. And this project will be closer to 2.5B with the Trump tariffs.
Dont forget, he is gonna deport all the labor too.
So now it’s Trump’s fault. The mental gymnastics are breathtaking.
Union built local 1977!
@@milesmayhem5440 When you figure out how tariffs work you will understand.
Weird that they only want $350 million of the $380 that was given to them. Makes them come across as not so bad and less needy.
John Fisher: Supports Trump Presidency
Trump: Introduces Tariffs that make building projects more expensive
John Fisher: Shocked Pikachu
I work in electrical. I know that ordering switch gears, transformers expect a year plus out to be sent to site. Also electrical deadlines are hard to be met due to errors, updated blue prints, etc.
I'll take the Aviators, Las Vegas Ballpark, easy access, and tickets as low as $18, thank you very much. Forget the A's and a zillion.dollar stadium on the strip.
Both the A’s situation and the Rays ballpark are a bad look for MLB. Now there are two teams playing in minor league stadiums. And expansion is likely postponed.
$2 billion to be the 5th most relevant sports team in town (once the NBA expansion is announced).
And they play 10x’s as many home games as the Raiders. Vegas doesn’t have a home fan base and There’s no TV market for advertising on 162 televised games.
@distantgalaxymusic1447 they won't even be the most relevant team in town in July. Aces will be.
NBA is trash
I'd put the A's down at 10th most relevant with the Silver Knights, Desert Dogs, Lights, Aviators, and Thrill also ahead of them.
@@joevelte4252 Yeah, but it's better than MLB...which isn't a high bar to clear.
Maybe the sixth, after the aviators
Nice polo
If I had the ability to buy a portion of the A’s, I don’t know that I would. I don’t know that I’d want to be the minority ownership with whom the majority owner is. If I had that kind of cash, the White Sox would be a better investment IMO.
If the A's new stadium does get built in Vegas, I think that it would be mistake to build it on the Strip!!
What’s going on with schools over stadiums? Aren’t they still trying to fight this from happening?
@@MrSpeedracer510 they keep losing in court. The whole state is corrupt.
This has been a debacle all along. A bunch of people just signing off on big issues and bigger expenses with a kind of "we'll figure it out later" mentality. I hope the Vegas scenario fails hard. All I see are broken hearted Oaklanders, and Vegas residents who are gonna see their taxes balloon when Fisher inevitably says he needs more public funds.
The fact that 1.75 billion is on the low end suggests that the actual cost will likely be closer to three billion. Will Fischer choose to pay the additional amount or will he simply walk away?
I hope it's delayed another year and they have more issues and it balloons to 2.5 billion
I have posted $2B minimum and more likely $2.2B from the start
Sounds like Fisher may not be liquid enough for this project.
As for the cost of the stadium, the stadium everyone points to as the model is Truist Park which only cost $622m. I get this is out west, but the design might need to change to something more affordable.
It's not about being out West, it's that the stadium is being built in a desert climate with a design tethered to having a roof and controlled air environment. Without the roof this project is considerably cheaper but is a no deal for the A's ownership.
He is only worth 3.1 billion. He simply doesn't have the money
Truist Park couldn’t be built for $622M today. Not nearly.
New subscriber and I’ve covered sports in LV for 20 years. Nice report Brodie. This could get really interesting. Getting SB1 signed was painful. I think Fisher has to know he can’t go back to the state for anything because they won’t give it to him. If he needs more money he’ll have to take on an investor in the team or it falls apart.
Fisher has been trying to get an investor to buy 25% of the team, but no interest. Would you invest into this sh*t show?
If the Vegas stadium isn’t completed, I would question if baseball could recover from that kind of debacle. I worry the cost will balloon up to $2.5B with some tariffs in place by the end of 2025, and more to come, but I’m also anticipating work crews will be in short supply and their wages will be well over all projections…
Sale the naming rights to Fan Duel. There name on anything solves all of MLB’s financial problems.
He said “Sacramento A’s” 🚨
I'm in Sacramento. And I already bought a bootlegged A's jersey with Sacramento on the front
He knows something...
I think the A’s stay in California
Oakland!!!
Don't blame Vegas and Navada not interested in majorly funding this other then a few hundred million. The Sphere has been a dud so has the F1, both costing Vegas and Navada billions to build. Also, the sad truth is the somewhere between 500 to 700 million will go to usless beurocracy planning amd permits. All can be done for a few million dollers in a heavy regulated non corupt environment.
Where are the fans in all this? Are there actually A’s fans in Vegas?
Very few. It's Dodger country. Rely on tourists like the Raiders. It will be a lousy atmosphere there.
Nope. Fewer than the Raiders, but the difference is visiting fans won't fill up any stadium the way NFL games do. Vegas fans LOVE the Golden Knights and couldn't care less about the Raiders. They don't want the A's. They do want an expansion team.
Basically none. Vegas locals want an MLB team, but not another one of Oakland's rejects. A homegrown expansion team, like the Golden Knights, would do much better with the community than the A's.
@Scantronimus466 totally agree. Fisher/Kaval think the A's brand will suddenly become huge like the Dodgers, that's why they want to play games outside of Vegas 6 times a year.
This whole topic just upsets my stomach at this point … when I saw the title of this video my stomach turned then I farted for like 30 seconds.
The guy who gets away with it
I think the A’s might end up in Utah where there is already some funding in place. Rays end up in Vegas at the original site not with the hotel. That parcel of land just seems too small. I don’t think we ever see those rendering or anything close.
I don't think MLB would want another high elevation team, as the Rockies aren't competitive in due part to that.
Yeah don’t see a Utah MLB team sorry
Agreed, except that the A’s end up in Portland. Utah will get either an expansion team or the Angels after their Anaheim stadium lease expires in five years.
This whole stinking arena plan/relocation of the A’s has been a botched up “hot mess” from the beginning. I’m hoping against hope that MLB’s plan to relocate the A’s to Vegas falls apart and blows up in their faces…but I guess I won’t get my wish. And the worst part of it all is that Vegas sports fans don’t want the A’s, who are now a poorly run franchise, in the first place. Vegas deserves to have an expansion team with a clean slate that it could grow up with and learn to truly love.
The guy Fisher voted for is going to screw him over with tariffs. Serves him right.
Didnt he walk from Howard Terminal over 85 million?
reportedly: not far from that
The failed search for other partners to finance the deal says volumes.🤨
While Mark Davis got investors to buy into the Raiders. You are absolutely right that Fisher not finding anyone to buy into the A’s speaks loud & clear.
Gee Whiz Guy, maybe you should’ve just stuck with your shovel ready option in Oakland instead of burning all your bridges and destroying your fanbase
"Shovel ready" you've been listening to Brodie too long. A stadium deal in Oakland was never close.
@ technically the coliseum site has been ready for a shovel for over a decade. Could’ve been built for 500M at the time. Rather than trying to be cute they could’ve been in a new place years ago for a fraction of what it costs today
fr
@@RogerBates7you must be an out of towner who doesn’t understand a thing about this. Better go hurry and support the raiders before the pick up and leave because Vegas didnt support em.
@stefanbrown5872 You are delusional. Lol. I have zero ties to Vegas, first off. I just know how to read and follow a story.
You, Brodie, and a bunch of other Oaklanders are fabricating this story that Fisher walked away from a ready-made deal to build in Oakland. That's candy land. Every site in the bay area had issues. Every one. Howard terminal had lawsuits, environmental issues. The government in Oakland went through a corruption thing with the last mayor.
Manfred stepped in because the ballpark situation was becoming a disaster. Nobody woke up one day and said "let's move them to Vegas." That's a myth that locals need to tell themselves after losing 3 franchises.
This is just another F1-style debacle where the owners will hit up the state of Nevada for the cost overruns.
haha when it's all done 1.75 billion will look like the bargain bin price.
Maybe John Fisher can barrow some money from Donald Trump down at Mar-A-logo!!!
If only the Tangerine Man had money to give.
Eerily familiar to the California High Speed Rail project, a complete clusterfck!
Good call!
Spot on. A total cluster.
@@foreveras-o4v Greedy contractors drive up the price
This ain’t happening.
Not to mention any cost overruns. Are they factoring in the passed on cost of upcoming tariffs? I feel like this stadium isnt happening
FJF
This stadium won’t come to pass, but it would be $2.2 billion. At least.
HMM maybe john should just..... sell?🤔🤔🤔
cant wait to see what these upgrades are!
The price of these palaces is absurd. No wonder the owners are looking for taxpayer gifts. All this for a 40K seat dome.
Solution to all this stupidity, tear down that Mt. Davus, and completely renovate the coliseum, and keep the A's playing in Sacramento those 3 years, after they complete the renovation, the A's can return to Oakland in a brand new renovated coliseum.
Never gonna happen kid 😂
Seems that they should sell to Joe Lacob and stay in Sacramento.
The A's will never move to LV. They'll either stay in Sacto or move to SLC.
Who’s paying for the Sacramento stadium? They have new leaders in who are against building a new stadium. What player wants to play or live in Utah? Especially the black players. We know Utah love using the N word at Jazz games.
Nashville... somebody will go to nashville
Portland!!! Mariners need an I-5 rival up here......
In the meantime, Fishface sure as hell is trying to move to LV!!!
Who’s worse as a current owner: John Fisher or David Tepper cause they’re BOTH GOD AWFUL as owners
Tepper for the win
At least Tepper has $$$$
It’s just his ego that’s the problem.
Jerry Jones
Jkjk
Fisher. Tepper at least is self made but pulling the plug on the SC practice facility was a dirty move. Not to mention everything else about him. Fisher inherited his money and has no idea what he is doing.
I live in the Upstate SC. Falcons yas! Panthers🤮
Las Vegas Athletics??? Are you serious??? Let the taxpayers decide!!!
Hey Orange Man, ya wanna buy the Las Vegas Athletics??????????
Imagine a stadium in Las Vegas where you have Arizona Fall League games and a Formula One race. Only one lane of traffic headed right towards the Fisher Zone.
Why do I get the feeling that the cost over runs will be BIGGER than the cost over runs that took place w/ reviving Yankee Stadium ('72-'76)
Not to get off the subject but Brodie you need to maybe do a video with Steven Vogt .I know he is out of the immediate area and the skipper of the Cleveland Guardians but you like to reach out ...Maybe ? Ok I'll go away....
I’m just curious about this aspect of the stadium situation… Sutter Health can hold 14K (including the lawn and standing room, which is not ideal for a stadium in the MLB of course). Their average attendance rate per game has been from 8K-11K since 2021. I wonder how this is going to change in the new ballpark. I get it’s a new demographic but idk if the people in Sacramento are going to be enthusiastic about what at least currently is a loaner team. Maybe they think a higher turnout is going to persuade A’s ownership to change course, but I see it as being more like the Fishers will just say “thanks for the funding” and move on. Just my suspicion.
All indications point towards Sutter Health being a cash cow for the Athletics. Despite being 1/3 the attendance in size, the price of the tickets will be 5 times the costs of the Coliseum, meaning it'll earn more revenue than a season sell out annually. Lobbyists are chomping at the bit to scoop up tickets with the distance from the capital being 1.2 miles.
Beyond that, everything in Las Vegas is 100% on schedule. Not one thing has been behind despite people wanting it to be.
@@jameszygadlo5560 Agreed James. I don't understand how moving to Sacamento is going to hurt the A's over the next couple of years. Very few people were paying big bucks for A's tickets in Oakland.
GAAP is pronounced gap btw, not spelled out.
Didn’t want to confuse it with GAP brand
@@brodiebrazil is that why we don't discuss hot topics... ok, i'll see you guys in pun hell
Las Vegas is already a destination. They don't need the last place Athletics.. No way they should use tax money..
Pretty good but are they going to build casinos and resorts and hotels naround the ballpark that is going to be more good ideas
$5 says its above 3 billion if it actually gets done. Its a 3 yr process , new renditions every week , state of the art , inflation , unions , supplies , etc.... lived in Vegas over 30 yrs....the initial cost is actually half the cost. Contractors under bid to get the job, get hired , then costs go up if you want it finished. 😉😉😉
Just wait until the Trump tariffs on Chinese steel fiberglass and concrete hit. It'll be 3-4b by the end and Fisher will have to sell.
He does know tickets aren’t gonna sell as good in Nevada as nor call right??
Can we beg MLB to make Fisher sell the team? All of this looks like a trainwreck.
It IS a trainwteck. It's not too hard imagining a half-
completed baseball stadium sitting on the strip collecting tumbleweeds.
The A's owner, John Fisher, and the team are responsible for any cost overruns for the Las Vegas ballpark...
John Fisher needs to take note from the dodgers ownership. Dodgers are investing their own money for ball park renovations all before the 2025 season begins, prioritizing fan experiences in center field. Fisher on the other hand is an embarrassment who could’ve used less than 1.1 billion to remodel the coliseum site.
I guess we’ll see what happens on Thursday
We didn't want to steal the A's here in Sacramento, but now I'm hoping we get to keep them , since they are already here. Fail Vegas!
The cost of stadium has gone up 17%. The price of gap stock has gone up 150% since its 2023 low. Sadly, he can afford the overrun
What do you think the price of Gap stock will do when he goes to monetize a big chunk of that stock to fund the stadium, which BTW is a stadium that will not be owned by Fisher nor the A’s, but rather, the owner of the stadium will be the local stadium authority.
Not for nothing but $1 billion SHOULD be enough to build a damn ballpark!
On 9 acres? And sharing space with a hotel and casino with no parking? This might be their way of pricing the A’s out of Vegas.
WRONG
@distantgalaxymusic1447 Do you know Vegas traffic or the area where the ballpark is located? Locals will not go there and it's EXTREMELY close to McCarran (screw Harry Reid)
Maybe 10 years ago. Inflation has made everything cost more.
@ I think that what I was getting at.
I will say there should be rules with these projects that if costs spike beyond estimation (if the taxpayers are footing a single penny) that ANY additional cost has to be paid by the sports team + the same amount going back to the taxpayers as an apology. All I'm saying is there'd never be a cost overrun again
Once the Fisher family realizes that they’re gonna go away over budget, they’re really gonna have to sell because it’s out of their range and +2. What they’re asking for is gonna go away over their budget and they’re gonna come to realize that they can’t afford it.
Who says the A's will wind up going to Vegas, when Utah & Sacramento want a to attract a team.
'
There’s no way that anyone in their right mind would pay for this. The team isn’t even worth $1.2 million.
You think a billionaire like Fisher wouldn’t know this stuff before the general public or how to handle this?
If Fisher was a self made billionaire I would agree with this. Fisher however inherited all his wealth and is known as a lousy businessman. So no, I don’t think he knows how to handle this. It looks to me like Vegas is playing him like a fiddle and it won’t end well for Fisher. My prediction is an NBA expansion team will play in Vegas before the As.
I'm surprised Vegas is not pitching in more for this project.
Another consideration is that if these tariffs and inflation continue, will people have enough disposable income to do something like watch baseball in Las Vegas?
Taxpayers are tired of billions of dollars being spent on sports teams, where less than 1% of the population actually attend games, when roads, schools, infrastructure etc. need millions of dollars the taxpayers are told "there's no money for that". Leagues make billions in profits annually, the NFL will make $20 BILLION this year, they can take $2 BILLION a year and finance each franchise's new stadium every 30 years, and build them all to suit their standards. Other leagues need to do the same. They need fans to come to the stadium and watch on TV to make those profits. Atlanta has lost 2 hockey teams, DC lost 2 baseball teams, St Louis lost 2 NFL teams, an NBA team, and a MLB team, NYC lost 2 MLB teams none of these cities dried up and blew away losing their teams. Phoenix will still grow and survive without the Coyotes (who they stole from Atlanta as I remember) or the Diamondbacks. The area is large enough and rich enough that NO sports league wants to lose it, especially when it comes to negotiating TV rights. Tampa and Oakland are already losing their teams, it's not a good look for MLB to keep threatening to "leave" when so many other cities are basically telling them "there's the door, we don't need you here". Residents are speaking through the ballot box that they don't want to spent anymore tax dollars for billionaires to get richer while they suffer with failing infrastructure that they're told "there's no tax money for"....
I always amazed how they can find the money to build these stadiums but can't get through the red tape or find the money to build affordable housing.
You keep squeezing the working class you will fail to fill these stadiums with their overpriced beers and hotdogs.
I can see why people are predicting a big economic fsil in America
Las Vegas A's doesn't sound right. Oakland messed up but at least they will be closer to us. Also with 1.1Bln for a stadium, whats left for the players?
They're ending up stuck in Sacramento or moving to Salt Lake where there's $900 million of state money available.
Wait till you see what a ticket costs to see any event in that albatross, and then try and buy a beer and some food. NO THANK YOU
And Fisher promised one of the corrupt Nevada politicians $15 seats for families. Yeah, right!
👍👍👍👍👍👍👍👍👍
Hey, $100 tickets and $20 beer, no problem.
Don't forget the $10 hotdogs.
The team name should stay in Oakland
All the letters that they’ve been writing in what people have been presenting, doesn’t really sound too certain from what I understand