07/23/26 05:25:00
Printable Page
07/23 17:05 CDT Mark Cuban's investment group buys a minority stake in the
Athletics ahead of Las Vegas move
Mark Cuban's investment group buys a minority stake in the Athletics ahead of
Las Vegas move
By MARK ANDERSON
AP Sports Writer
LAS VEGAS (AP) --- An investment group that includes ex-Dallas Mavericks owner
Mark Cuban has bought a minority stake in the Athletics in anticipation of
their move to Las Vegas in 2028.
Thursday's announcement by Harbinger Sports Group did not say what percentage
of the Athletics it had acquired. Cuban, who maintains a minority stake in the
Mavericks, is the general partner and president of the Atlanta-based group.
Atlanta Falcons minority owner Rashaun Williams is the founder and chief
investment officer.
Co-founder and CEO Steve Cannon is vice chairman of AMB Sports and
Entertainment that oversees Mercedes-Benz Stadium and the Atlanta Falcons.
Managing partner Jonathan Mariner is the former chief financial officer for
Major League Baseball.
"We are minority investors looking to make our investors a lot of money," Cuban
said.
John Fisher is the majority owner of the A's and is overseeing construction of
a $2 billion, 33,000-capacity domed stadium on the Las Vegas Strip.
"We are very pleased to welcome Harbinger Sports Partners as an investor in the
Athletics," the team said in a statement. "The experience of their principals
across sports, media, and entertainment, combined with their long-term
perspective, makes them a valuable addition to our ownership group as we work
to build the future of the franchise in Las Vegas."
The A's are playing the second of three planned seasons at a Triple-A ballpark
in West Sacramento, California.
___
AP Sports Writer Schuyler Dixon in Dallas contributed to this report.
___
AP MLB: https://apnews.com/hub/mlb
|