Spring of 2028.
Well then it’s probably reachable.
We shall see. The "funding" of this is sketchy as hell.
A’s spending on $2B Vegas stadium passes $300m mark, is Fisher’s folly really happening?
February 24, 2026
Athletics owner John Fisher says he has now spent $300 million on a new Las Vegas stadium, and construction on the upper deck is set to begin soon on the $2 billion project. Next up, he can tap both a $300 million private construction loan from Goldman Sachs and $380 million in public bonds, which will get him to around $1 billion, with about another billion to go.
Is this a sign that Fisher is prepared to spend whatever it takes of his own family fortune — probably around $3 billion, mostly in Gap stock, I tried to find an updated figure but couldn’t get past this awesome AI-generated article that describes him as “one of the prominent figures behind the San Francisco Giants” — to get a stadium built in Vegas? Or that he’s still hoping to build enough momentum to lure in new investors — so far he’s pre-sold concessions rights and a minority share of the team to Aramark for $175 million and reportedly has another $70 million coming from a Korean investment fund, plus there’s whatever he can scrape together from “limited” seat license fees — in hopes of not having to raid his family’s savings?
Either remains possible, and either would betray a certain stupidity on Fisher’s part. There’s almost no way the A’s owner can hope to earn back $1.6 billion in personal outlay (more like $1.4 billion after additional tax breaks, but still) just from the proceeds of running an MLB team in the league’s smallest market; it’s possible he’s hoping the Vegas move will increase the value of the team, but even if you start with the team’s pre-move estimated value of $1.2 billion, the A’s would have to become worth as much as the Los Angeles Angels for Fisher just to break even, and that ain’t happening. On the other hand, if he’s hoping to fob the cost off on investors, that would come at the expense of diluting his share of the team and dedicating future stadium revenue streams to repay his new partners, which again will almost certainly leave Fisher in the red.
That said, it’s a billionaire’s prerogative to spend their money on really stupid shit, so just because it’s a dumb idea doesn’t mean Fisher isn’t prepared to do it. It’s unlikely his fellow MLB owners are going to step in — they just voted Fisher onto their executive committee, so they’re not preparing to push him out — and if his family members are planning to pull the plug once his spending hits a certain point, they’ve been really good at remaining mum. While I have zero inside information, at this point I’m tentatively ready to shift my bet from “John Fisher will never move the A’s to Las Vegas” to “John Fisher will eventually move the A’s the Las Vegas and it’ll be a beautiful train wreck,” though I’d still prefer if you gave me favorable odds.
A’s spending on $2B Vegas stadium passes $300m mark, is Fisher’s folly really happening?
Athletics owner John Fisher says he has now spent $300 million on a new Las Vegas stadium, and construction on the upper deck is set to begin soon on the $2 billion project. Next up, he can tap both a $300 million private construction loan from Goldman Sachs and $380 million in public bonds...www.fieldofschemes.com
Yes, that has happened many times in Las Vegas.
The Fontainebleau was started in 2007.
Financial problems led to the construction stopping in 2009.
View attachment 82243
It sat vacant and unfinished until 2021.
Finally, construction started up again, and it was finished in 2024.
.....................................
You know the High Roller in Vegas?
View attachment 82244
There was one started to be built before that one across the street from Mandalay Bay.
Started in 2012. Ran out of money in 2014. Still sits unfinished.
View attachment 82245
.....................
Here is the Echelon Place on the Vegas strip.
Started in 2007.
$5 billion casino project.
Ran into financial problems in 2009 and construction halted.
Sold in 2013.
Some of the unfinished parts became Resorts World and didn't open until 2021.
View attachment 82246
Echelon Place - Wikipedia
en.wikipedia.org
So yes, there have been many projects in Vegas that started off with huge press announcements and then died.
"LOL"
The two sticks was outside my room every time I was down there working. Crazy how big they are.Yes, that has happened many times in Las Vegas.
The Fontainebleau was started in 2007.
Financial problems led to the construction stopping in 2009.
View attachment 82243
It sat vacant and unfinished until 2021.
Finally, construction started up again, and it was finished in 2024.
.....................................
You know the High Roller in Vegas?
View attachment 82244
There was one started to be built before that one across the street from Mandalay Bay.
Started in 2012. Ran out of money in 2014. Still sits unfinished.
View attachment 82245
.....................
Here is the Echelon Place on the Vegas strip.
Started in 2007.
$5 billion casino project.
Ran into financial problems in 2009 and construction halted.
Sold in 2013.
Some of the unfinished parts became Resorts World and didn't open until 2021.
View attachment 82246
Echelon Place - Wikipedia
So yes, there have been many projects in Vegas that started off with huge press announcements and then died.
"LOL"
I now know for a FACT you aren’t from NE Portland son….. you wouldn’t type the term “lol” unless you were are 14 year old girl. And you do it at the end of every god damn post. Bro that’s some Lake Oswego type shit.
Could be West Linn or Oregon City.
Refering to yourself in the 3rd person is some Lake Oswego type shit.
Having the HELP refer to you in the 3rd person is some Lake Oswego shit.
I bet he plays with @Phatguysrule ’s girls. Or keeps the bench warm and the Gatorade cold for more likely!
Dude! You’ve said some pretty rude things to me over the years, but this is WAY over the line!
Sorry man, that shit is corny as fuck. I’ve never typed that in my life. I know for a fact my kids haven’t.
You and your kids aren't millenials
And we aren’t corny either.
The being too old piece
I think it's because he can't spell it.
LOL
I don't think yelling it will help him figure out how to spell.
Idk about that. Gen Z is corny and Gen X is the forgotten Gen.
