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
New Zealand Casino to Lose Millions During Voluntary Closing After Oversight Failure editorial policy.
  1. ‘Last Developable Piece’ of Central Las Vegas Strip for Sale, Sellers Want $800 Million

Compare Accounts
×
Barstool Deal ‘Credit Positive’ For Penn National, but Don’t Bank on Ratings Upgrade Anytime Soon
Provider
Name
Description
Horseshoe Baltimore Corridor to Ravens Stadium Named ‘Walk at Warner Street’  Atlantic City Casino Workers Call on NJ Lawmakers to Extinguish Indoor Smoking  DraftKings Launches Sportsbook Pools Targeting Daily Fantasy Players, Casual Bettors  No Bar Rescue: Indiana Bill Would Permit VGTs Inside Veterans’ Clubs, But Not Restaurants  Tokyo Casino on the Horizon? City Prepares Impact Study  Seneca Niagara Casino Loaded Gun Incident Leads to Rapper’s Appearance in Court  Playtika Bid for Angry Birds Maker Criticized by BTIG Analyst  Judge Rules Against Harrah’s New Orleans, Casino Must Pay Hotel Comp Taxes  Seminoles Strike Back Against Ballot Threats from LVS, DraftKings  Virgin Hotels Las Vegas Joins Other Resorts in Casino Growth Spurt