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Cuban Invests in A's Amidst Vegas Move
24 Jul
Summary
- Mark Cuban's group bought a stake in the Athletics.
- The A's plan to move to Las Vegas by 2028.
- A new $2 billion stadium is being built on the Strip.
An investment group led by Mark Cuban has acquired a minority stake in the Athletics, signaling confidence in the team's future. The Athletics are slated to relocate to Las Vegas in 2028. The investment was announced by Harbinger Sports Group, with Cuban serving as general partner.
The team is currently playing in West Sacramento, California, for the second of three planned seasons at a Triple-A ballpark. This temporary arrangement precedes the grand opening of their new $2 billion, 33,000-capacity domed stadium on the Las Vegas Strip.
John Fisher, the majority owner, is overseeing the stadium's construction. The Athletics expressed pleasure in welcoming Harbinger Sports Partners, citing their principals' extensive experience in sports, media, and entertainment as a valuable asset for the franchise's expansion into Las Vegas.
