FOS PM: Is A approaching a move to Las Vegas?

The Oakland Athletics are considering their options with the new management in Nevada.

governor joseph lombardoopened earlier this month, it is opposite raise taxes to fund a new ballpark, but the state could provide financial help in other ways.

• A state spokesman said the A’s or any other team interested in coming to Nevada could qualify for economic development programs.
• The Raiders received $750 million on public funds for his move from Oakland to Las Vegas in 2020, but the state doesn’t seem open to a similar deal with the A’s.
• Lombardo has spoken with A’s officials and MLB Commissioner Rob Manfred.

Lack of compromise

The A’s may have narrowed their search for a Las Vegas location to Tropicana site owned by bally’s. They were also in talks about the Las Vegas Festival Venuebut site owner Phil Ruffin said he hasn’t been in contact with the team recently.

The team would seek to build a $1 billion35,000 seat stadium with a retractable dome, in case they move to Sin City.

Clark County Commissioner Michael Naft said that while the Raiders committed to Las Vegas early in the process, “I haven’t seen that from the Oakland A’s at any level, and it’s really not our job to go out and beg them to come here because we have earned the reputation of the greatest arena on Earth.”

The NCAA brought in $1.14 billion in revenue in 2021-22, according to audited financial statements published this week.

That’s just a little less than the governing body earned in 2020-21 after recovering from a large pandemic deficit.

However, Division I schools still received a most of the income than in 2021: the NCAA distributed $657 million to DI programs, compared to $613.4 million in the prior year.

Most of it came from television contracts and licenses totaling $940 million.

• The NCAA contract with CBS Y Turner for the Division I men’s basketball tournament he contributed $870 million.
• For the remainder of the contract, which runs through 2032, the NCAA estimates he will win $10.5 billion.
• The NCAA contract with ESPNwhich broadcasts 29 championships, including the very underrated women’s basketball tournament — raised $43.5 million.

Despite experiencing no major write-offs related to COVID-19, the governing body also received $17 million in loss of value insurance.

future outlook

The NCAA faces significant spending in the coming years: defending amateurism in the courts and in Congress with legal fees Y lobbying expenses.

But it could also get big revenue growth when it renegotiates its television contract with ESPN, which ends in 2024. The governing body could get $112 million annually women’s basketball alone, more than the entire 29-sport contract.

You could also earn more by creating a new level of sponsorship for the sport.

Ukraine could refrain from participating in the 2024 Paris Olympics if Russian and Belarusian athletes are allowed to compete.

“Our position has not changed: as long as there is a war in Ukraine, Russian and Belarusian athletes must not be in international competitions”, Said the Minister of Sports of Ukraine Vadim Gutt. wrote. “Possible additional steps and first steps to continue with the sanctions are currently being worked on.”

“If we are not listened to, I do not rule out the possibility that we will. boycott Y decline participation In the olympics.”

The International Olympic Committee saying on Wednesday that no athlete should “be prevented from competing solely because of their passport,” also citing a “unifying mission.”

• “Therefore, a path for athletes’ participation in competition under strict conditions should be further explored,” the statement read.
• He Olympic Council of Asia offered Russian and Belarusian athletes the chance to compete in Asia.

The European Olympic Committee backed the idea of ​​a path on Thursday.

change of position

Shortly after the Russian invasion of Ukraine last year, the IOC advised international sports federations to Exclude the athletes of the first of the competitions.

“I want to make it clear that this IOC position is a world away from the reality of the war felt by the Ukrainian people, and the IOC President [Thomas] Bach’s own words less than a year ago where he strongly doomed russia for breaking the Olympic Truce”, saying UK Culture Secretary Michelle Donelan.