While the A's franchise value is slated to rise following the move to the Entertainment Capital of the World, USA TODAY's Bob Nightengale reported that the owners' approval included a provision that specified that A's owner John Fisher would be taxed "heavily" on any sale if he tries to sell the team for an immediate profit.
Nightengale added, citing an anonymous owner who spoke to USA TODAY Sports, that the tax would be split among the rest of the 29 team owners.
"Today is an incredibly difficult day for Oakland A's fans," Fisher said. "It's a great day for Las Vegas. I understand this is an incredibly difficult day for Oakland fans and I just want to say we gave every effort and did everything we could to find a solution there. And it was only in the last couple of years that we began to turn our attention to another market, that being Las Vegas.
"I'm very excited about the opportunity in Las Vegas. The fans there are terrific. The success of the Raiders and the Golden Knights has shown, as well as our own Triple-A team, the Aviators, has shown how successful professional sports can be in that market. We really look forward to opening day in 2028 and bringing some of the historical success of the Athletics to Las Vegas.
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