John Fisher pledges $1 billion to build A’s stadium in Las Vegas

LAS VEGAS – Athletics owner John Fisher and his family will invest $1 billion to build a stadium in Las Vegas and US Bank and Goldman Sachs will offer a $300 million loan, club executive Sandy Dean said Thursday.

Dean made his comments during a special meeting of the Las Vegas Stadium Authority board.

Dean said four letters will be presented at the Dec. 5 authority meeting claiming construction details and financing will be finalized. Final approvals are expected to be granted at that meeting to allow construction of the $1.5 billion, 33,000-seat domed ballpark.

“We feel like we are on the right track and it will become clearer in the coming months,” Dean told the board.

Construction is expected to begin in the spring with a targeted opening before the 2028 season. As much as $380 million in public financing will go into construction of the stadium, which will be located on the Las Vegas Strip where the recently demolished Tropicana stood.

The A’s will play in West Sacramento, California for at least the next three seasons.

They played their last of 57 seasons this year in Oakland, California.