Oakland A’s Prez Resigns, Raising Questions About Las Vegas Move

Oakland A’s Prez Resigns, Raising Questions About Las Vegas Move.

Costfoto / NurPhoto / Getty Images

Key Takeaways

Dave Kaval, the public face of the Oakland Athletics’ relocation to Las Vegas, announced his resignation as team president on Friday.

Dave Kaval failed to secure the Oakland A s a new home in Oakland, and has resigned right after supposedly securing it it a new home in Las Vegas. (Image: Wikipedia)

Kaval, who has led the team for eight years, will exit on Dec. 31. In a statement released by Major League Baseball, he said: I will be staying in California to explore new opportunities at the crossroads of business and government.”

Kaval will be temporarily replaced by Sandy Dean, a longtime business partner of team owner John Fisher and his family, when the search for a new president begins next year.

We are grateful for Dave s contributions and leadership over the last eight years, Fisher said in the MLB statement. He guided our organization through a period of significant transition, and we sincerely thank him for his unwavering commitment to the team.

Kaval was the A’s rep who attended public hearings in Las Vegas and lobbied Nevada legislators last year to help for a $1.75 billion stadium that the A’s say they will build on the site of the imploded Tropicana. (The projected cost earlier this month.)

The announcement of Kaval’s resignation comes after the team cleared most of the final contractual and political hurdles toward that goal. Earlier this month, the Las Vegas Stadium Authority approved leave, non-relocation and development documents. A development agreement with Clark County remains to be worked out.

Until the new stadium supposedly opens in time for the 2028 MLB season, the A’s play in a minor-league ballpark in Sacramento.

Questions Raised

Though the documents submitted to the Stadium Authority earlier this month to spending more than $1 billion of his family’s personal finances toward the new ballpark, many A’s fans and Las Vegas insiders still doubt it will happen, and are questioning the optics of Kaval’s resignation.

Following news of Kaval’s resignation, Casino.org’s own Vital Vegas, ever since it was announced in April 2023, wrote

Kaval is bailing before the whole charade implodes like the Tropicana, Roeben wrote. He’s distancing himself before the deal inevitably falls through, a stink that will stick to everyone involved when the shit hits the fan.

The A’s have zero investors, and have only managed to scrounge up a $300 million bank loan for a project that is likely to cost $2 billion or more.

Article Sources
Paris 2024 Organizers in Talks to Bring Esports to the Olympics editorial policy.
  1. VICI Properties Stock Slump Presents Buying Opportunity, Says Analyst

Compare Accounts
×
Oklahoma Indian Gaming Assn. Removes Tribes That Signed Gaming Compacts with Governor
Provider
Name
Description
Trader Talk: NFL Week 6 a ‘Bloodbath’ for Sportsbooks  Pennsylvania Satellite Casino Auction Fails To Get A Bid  Las Vegas Casino Radio Dead Zones Remain, as October 1 Marks Two Years Since Mass Shooting  Singapore Casinos Get New Cash Rules to Fight Dirty Money, Terrorism  First-Time Gambler Wins Massive Jackpot at Hard Rock Atlantic City  Detroit Mayor Mike Duggan Says No Casinos Until Vaccine or Antiviral Breakthrough on Coronavirus  Bally’s Atlantic City Celebrates 45 Years With New Amenities, Free Hot Dogs  Trader Talk: NFL Week 6 a ‘Bloodbath’ for Sportsbooks  Okada Manila Gambler Kidnapped, Held for Unpaid Loan Sharks Debt  Denver Broncos QB Russell Wilson Goes Down in ‘Monday Night Football’