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
Caesars Slashes 471 Positions From Harrah’s Reno Sale, Peppermill Cuts Jobs, Too editorial policy.
  1. Vermont Sen. Bernie Sanders Cements Frontrunner Status, President Trump Extends 2020 Betting Lead

Compare Accounts
×
Financial Analyst Jim Cramer Says Fold on Bitcoin, Visit ‘Fabulous Las Vegas’ Instead
Provider
Name
Description
DraftKings Sparks Canaccord Support, Analysts Encouraged by Q3 Update, See Faster Probability  Rivers Casino Sees Philadelphia Shooting Victim Arrive To Seek Help  MGM Resorts Slapped with Class Action Suit After Hackers Swipe 10.6 Million Guest Records  Texas Tribal Gaming Case Arguments Today at Supreme Court, Other States Watching  Evolution Accuser Still a Mystery in ‘Black Market’ Defamation Case  Harry Reid Airport Flights Delayed/Canceled, Low Clouds Blamed  Kindred Group Verges on $2.7B Takeover by French Lottery Giant FDJ  No Joy in Newcastle as Casino Withholds $8.5 Million Jackpot Claiming Machine Malfunction  Louisiana Casino License Holder Targeting $250M Resort Near New Orleans  MGM Shares Surge on Second-Quarter Revenue Surprise Led by Macau, Regional Properties