By MARK ANDERSON
LAS VEGAS (AP) — An investment group that includes ex-Dallas Mavericks owner Mark Cuban has bought a minority stake in the A’s in anticipation of their move to Las Vegas in 2028.
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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.
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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.
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