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Baseball Primer Newsblog — The Best News Links from the Baseball Newsstand Wednesday, May 24, 2023A’s, Nevada legislators close to finalizing Las Vegas ballpark deal
RoyalsRetro (AG#1F)
Posted: May 24, 2023 at 09:23 AM | 22 comment(s)
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1. Doug Jones threw harder than me Posted: May 24, 2023 at 12:22 PM (#6129911)At this point, the Ls just kind of all run together for the A's.
I'm sure I don't really want to know but what's a "transferrable" tax credit. Does that just mean that if these guys sell the A's then the tax credits go along with the team? Or does this mean the A's owners can sell or otherwise transfer these tax credits wherever they want? Or soomething else completely?
one key is that sports owners have such a knack for getting public subsidies dressed in sheep's clothing.
Neil DeMause at fieldofschemes.com has been on top of these for decades.
his take on this scam is here
"If the eventual bill comes packed with hidden subsidies, meanwhile, the narrative is somewhat different: Fisher taking advantage of the end of the Nevada legislative session to play a desperate Hail Mary that could end up nabbing him a huge subsidy from Nevada, all for a baseball team that nobody wants to see because it can’t really play baseball after Fisher sold off all its best players."
Many good quotes in that article. My favorite is "It would be a remarkable self-own"
Looking at John Fisher's wikipedia page, he is a good example of someone who "failed upward"
What we really have here is someone who has inherited a lot of money, but otherwise hasn't really been successful, other than purchasing the A's, the San Jose Earthquakes, and a Scottish soccer team. The Earthquakes have been the most successful of these various ventures. Interestingly enough Fisher/Wolff built the Earthquakes stadium (seating 18,000 people, rather small) for $100 million, completely privately financed.
The A's during the Woff/Fisher tenure have been (relatively) successful with analytics, but remarkably unsuccessful with many other things, from relationships with their broadcast stations, to free agent signings, to keeping their minor league teams (Sacramento for years was the A's minor league club, now it belongs to the Giants) to maintaining their fanbase. I wouldn't put it past them to have screwed this whole venture up royally as well. But we shall see on Friday.
This is vicious, diabolical, Catholic-hating slander!
But it looks like that Wikipedia page is just horribly sourced. Celtic are publicly traded as Celtic PLC on the LSE, and he isn't listed at all, and isn't on the board of directors. The linked article from the Wikipedia page doesn't even mention Celtic. So, that's weird.
There were earlier reports about a publicly-financed retractable roof stadium. No mention about that in this article. Who knows?
A's strike deal - (be warned, this is a New York Post article)
For a second, I thought the A's were moving to St. Pete...pretty funny, considering the Bay Area's other baseball nearly did exactly that!
A). The Vegas deal is better than being reported
B). The Oakland deal is worse than being reported
C). Some combo of A and B
When one person controls ownership and is very rich, it's possible that a non-economic decision may be made (I live in Vegas, I don't want to fly to Oakland, I don't like the weather in Oakland, etc etc ) but unlikely. His ownership is about 80% so he does have minority owners who also want the best economic deal. Billy Beane owns 4% of the club, I believe.
BTW - what happens to the Oakland market rights when they vacate? Do the Giants get them for free?
I think somehow San Jose gets them??
Those renderings are not even close to real. There is no hotel on the property and the foul lines are the same as the Coliseum. Maybe they will share with the Raiders again?
It's also not clear whether they intend to demolish the Tropicana and build a new hotel next to the stadium, or what. It's impossible to see from the pictures, since they cannot be zoomed-in on (at least I was not able). The Tropicana site is 35 acres, the A's get 9.
2. Giants move to Oakland.
3. A's move to San Jose, which they wanted to do anyway.
4. Prophet!
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