The Athletics are in talks with potential investors as the Major League Baseball team looks to raise up to $550 million to go toward the construction of its $1.75 billion Las Vegas ballpark.
With plans to begin construction on their 33,000-fan-capacity stadium between April and June, the A’s are working on bringing in investors, who would be given an equity stake in the MLB club tied to their investment in the ballpark project, according to a person with knowledge of the process.
Interested investors are being pitched the deal, noting the A’s valuation is estimated to be $2 billion, the source said.
