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
Inflation, Interest Rates Weighing on Gaming Industry M&A, Says Analyst editorial policy.
  1. Brazil Continues to Push Senate on Slow Sports Betting Movement

Compare Accounts
×
Seminole Tribe Warns Florida Legislators That DFS Bill May Violate Compact
Provider
Name
Description
Steve Wynn ‘Chinese Agent’ Case Back in Court as US Files Appeal  NFL Playoff Picture Will Get Cleared Up After Weekend Slate Of Games  Macau Junket Boss Alvin Chau Of Suncity Sends Former Mistress $38 Million Breakup Gift  Nevada Gaming Regulators Propose Easing Sportsbook Rules for Past-Posted Bets  Brazil Continues to Push Senate on Slow Sports Betting Movement  Not Rocket Science: NASA Employee Reveals How She Won $1M on Virginia Lottery  Gypsy Champion: After Knocking Out Deontay Wilder in Rematch, What Awaits Tyson Fury?  Macau Regulators Meet With Junket Trade Group to Discuss Future VIP Operations  Palms Casino Owner Explains Nightclub Closure Decision, Red Rock Resorts Earnings Disappoint  Westgate Las Vegas Workers Settle With Management