Mark Cuban’s investment group buys a minority stake in the Athletics ahead of Las Vegas move
Summary
Mark Cuban’s investment group has bought a minority stake in the Oakland Athletics baseball team as they prepare to move to Las Vegas in 2028. The group includes sports executives and investors, but the exact ownership percentage was not disclosed.Key Facts
- Mark Cuban, former Dallas Mavericks owner, is part of an investment group buying a minority share in the Athletics.
- The Athletics plan to move to Las Vegas in 2028 and will play in a new $2 billion domed stadium with 33,000 seats.
- John Fisher is the majority owner of the Athletics and is leading the stadium project.
- The investment group is called Harbinger Sports Group and is based in Atlanta.
- Rashaun Williams, a minority owner of the Atlanta Falcons, is the group’s founder and chief investment officer.
- The group’s CEO, Steve Cannon, is also involved with Mercedes-Benz Stadium and the Falcons.
- Jonathan Mariner, the managing partner, used to be the chief financial officer for Major League Baseball.
- The Athletics are currently playing their second season out of three planned seasons at a minor league stadium in West Sacramento, California.
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