When will the A’s tap into public funding for $2B Las Vegas stadium construction?

The Athletics don’t plan to tap public funding available for the construction of their Las Vegas ballpark from Clark County until the middle of next year, with the price of the stadium rising to $2.1 billion, according to A’s senior advisor Sandy Dean.

Crews have been constructing the A’s Las Vegas Strip ballpark since June 2025, with the team paying for the nearly $700 million worth of work completed thus far on the project. The stadium cost rising by $100 million is partly due to the A’s now being responsible to build a parking garage and central utility plant for the ballpark, Dean said, a cost that was initially the responsibility of Bally’s Corp., who is building a mixed-use project on the remaining 26 acres of the 35-acre site.

Dean said the A’s are working with Clark County to start the bond-issuing process and hope it will be completed in the second quarter of 2027.

By the time public money is used on the project, the A’s will have spent $1.2 billion on the construction of the ballpark, Dean said.

Clark County will have to sell bonds to raise the funds, like what was done in 2018 to raise the $645 million that went toward the funding of the $2 billion Allegiant Stadium.

The rest of the $750 million in public funding that the Raiders received came from taxes collected before the bond sale. Revenue generated from the 0.88 percent tax set on hotel rooms in Las Vegas has been collected since March 2017.

The bonds used to help finance the A’s ballpark will be repaid through a special tax district set up around the stadium site, which will collect various tax revenue generated during the construction and operation of the stadium. The Sports and Entertainment Improvement District began collecting tax revenue in July 2025 after work began in earnest on the project site. About $4.4 million has been collected through June, according to Las Vegas Stadium Authority data.

The A’s have up to $380 million in public funding available for the project, including $180 million in transferable tax credits from the state, $25 million earmarked for infrastructure upgrades by the county, with the rest to come from the county’s bond sale and the special tax district revenues, Dean said.

The team is also using $300 million in loans from Goldman Sachs and U.S. Bank toward construction costs.

The A’s have also been selling minority stakes in the team to raise capital for the construction. To date, the A’s have signed minority stake deals with stadium concessionaire Aramark Sports + Entertainment, which was reportedly for $175 million; a south Korean group that includes a member of Korean pop group BTS and a former MLB pitcher that was for $70 million; and with Harbinger Sports Partners, which includes Dallas Mavericks minority owner Mark Cuban.

Additionally, the A’s been selling personal seat licenses for premium seating in the ballpark. Personal seat licenses, which give a person the right to purchase season tickets for a specific seat in the stadium, will be included on 5,533 of the 30,000 fixed seats in the stadium.

A’s owner John Fisher is paying the rest of the stadium’s construction costs.

As required by Senate Bill 1, the law that created the public funding mechanism for the ballpark, the A’s must spend the first $100 million, which has already occurred, and the last $50 million on the project.

The construction of the A’s ballpark remains on time for a Feb. 29, 2028 completion date.