OAKLAND, Calif. — The Oakland A’s, who for five decades built an iconic legacy of baseball and community at the vast concrete Coliseum it called home, have agreed to buy land in Las Vegas and build a new stadium there, team officials confirmed Wednesday.
The team, in a statement, said it had “signed a binding agreement” that could all but end its long and storied tenure in Oakland, which now stands to lose its last major professional sports franchise after departures in recent years by the Raiders and Warriors.
Fans of the A’s — who are mired in one of the worst starts in team history — had been anxious to hear if the team and Oakland city officials were making progress to reach a deal for a massive ballpark and housing development at the city’s waterfront.