Nevada reporter says it wasn’t a surprise the A’s stadium bill passed this week
Jun 15, 2023, 7:27 PM | Updated: Jun 16, 2023, 9:21 am
(Photo by Brandon Vallance/Getty Images)
Tabitha Mueller, reporter for the Nevada Independent, joined Cattles & Ramie Thursday to discuss how close the Oakland A’s stadium bill is to being signed by Nevada’s governor and what’s next for the team’s move to Las Vegas.
The bill currently awaits Nevada Gov. Joe Lombardo’s signature. His signature, according to the Nevada Independent, paves the way for up to $180 in transferable tax credits, roughly $120 in county bonds and another $25 million in credits from Clark County for infrastructure needs.
If you’re worried about paying more when you travel to Las Vegas, don’t worry, you won’t. Mueller explains how baseball fans will help the team pay off their bill.
“What we’re seeing in terms of how these credits get paid back and the bonding is repaid is through tax revenue generated by the stadium. So let’s say you go to the stadium and you buy a hot dog, you wear a baseball cap, you also buy a flag for the team, the taxes on those items would go to pay for the stadium and it would affect the stadium,” Mueller said.
Additional topics discussed include:
- If there was any surprise the public funding bill passed this week
- Where is the money for the stadium coming from?
- What were the major concerns of constituents in Nevada in regard to the Oakland A’s stadium bill?
- Can the A’s have the same success as the Las Vegas Knights?
- Does it make sense financially to have the A’s stadium on the Tropicana land?