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 Eyeing Las Vegas Strip Asset Sale in Early 2022, Says CEO Tom Reeg editorial policy.
  1. Colorado Sports Betting: First Seven Licenses Approved, Countdown to May 1 Launch

Compare Accounts
×
Alvin Chau Fails to Get Reduced Prison Sentence, Must Pay Triple Damages
Provider
Name
Description
NFL’s LeSean McCoy Bets $200,000 on Golden State to Win NBA Championship  Playtika Goes to Chinese in Massive Caesars Sell-Off  Bally’s Gets Green Light for Chicago Casino Plan, Construction Starting Late 2024  Macau Government Reviewing All Aspects of Gaming Industry Ahead of Licensing Renewal Period  South Korea’s Kangwon Land Expands Capacity, Signs Distribution Deal  Las Vegas Strip Likely to Lose Casino Royale  DraftKings Slips After Pricing Share Sale at Steep Discount to Recent Close  DraftKings Forecasts Q2 Revenue Well Above Consensus, Shares Slide on Secondary Offering News  Colorado Sports Betting Referendum Proposition DD Expected to Easily Pass in Tuesday Election  Presque Isle Casino Bomb Hoax Lands Ex-Venue Guard in Pennsylvania Prison