NEWNow you can listen to Pak Gazette articles!
An investment group that includes former Dallas Mavericks owner Mark Cuban bought a minority stake in the A’s in anticipation of their move to Las Vegas in 2028.
Harbinger Sports Group’s Thursday announcement did not say what percentage of 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 president of AMB Sports and Entertainment, which oversees Mercedes-Benz Stadium and the Atlanta Falcons. Managing partner Jonathan Mariner is the former chief financial officer of 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-seat domed stadium on the Las Vegas Strip.
“We are very pleased to welcome Harbinger Sports Partners as an investor in Athletics,” the team said in a statement. “Their principals’ experience in 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 franchise’s future in Las Vegas.”
The A’s are playing the second of three planned seasons at a Triple-A stadium in West Sacramento, California.
Associated Press information.
