Meet Guy Hobbs Man Behind Bonds For Oakland A's Las Vegas Ballpark And Raiders Allegiant Stadium

Meet Guy Hobbs Man Behind Bonds For Oakland A's Las Vegas Ballpark And Raiders Allegiant Stadium

I am honored to present this interview with Guy Hobbs, the Managing Director of Las Vegas-based Hobbs and Ong and the man ...
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City Council Meeting - Emeryville CA - June 20 2023 - ATLNews

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Oakland's Loss Of The Oakland A's To Las Vegas Really Started 4 Years Ago - ATLNews

The Oakland Athletics were approved for funding a $1.5 billion ballpark to be built on land currently occupied by The Tropicana Hotel on The Las Vegas Strip. While many have said that Las Vegas did in two years in gaining a stadium funding agreement, Oakland didn't do in a generation. It's easy to forget Portland, and my Aug 27, 2019 vlog reporting that the A's were deep into planning what I called a “Raiders Style exit' from Oakland. Meanwhile, MLB and the A's started also talking to Las Vegas about relocation that same year. A couple of real estate developer friends passed that info to me, and eventually, the A's would visit Portland, giving serious signals that the team wasn't long to be “Rooted In Oakland”. But on May 12, 2021, Las Vegas Mayor Carolyn Goodman tweeted that she and her team were quietly in talks with the Oakland A's about a possible move since 2019. The Oakland / Las Vegas “parallel paths” term that Kaval started using two years ago, really started almost simultaneously with the planning of Howard Terminal in Oakland in 2019. This version of the Oakland A's, owned first by Lew Wolff, then by John Fisher with Dave Kaval as A's President, finally achived their objective of finding land and public money assistance for a ballpark. Trouble is, after trying in Oakland in 2000 at Laney College, then 2006 next to the Coliseum, then 2012 at Howard Terminal, and then rebuffed againt at Laney College, then not seeing Howard Terminal happen in a timely fashion, Dave Kaval turned to Las Vegas – and earlier than most people think. The emergence of Las Vegas as a competitor city to Oakland for the A's really started in the wake of the Raiders move to Las Vegas after NFL approval on March 26th, 2017. Raiders Owner Mark Davis was encouraged by a 2014 UNLV study that showed how to make sports betting more secure and reliable. Trouble is, Las Vegas was still part of a small number of states that allowed sports gambling; the overall industry's growth was blocked by decades of legislation. But 2018 saw rapid change favorable to Las Vegas and due to the Raiders move and the Supreme Court. Major League Baseball Commissioner Rob Manfred first mentioned Las Vegas as a candidate for expansion July 17, 2018, when he said “I think Vegas is a viable expansion alternative,” on “The Dan Patrick Show.” “I think it’s big enough.” That would not have happened but for May 14, 2018, and Murphy v. NCAA, when the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) Monday, and made it legal for states to draft their own regulations for local sports betting. While Major League Baseball's prohibitions on betting made change to accept sports betting slow, MLB was encouraged by a 2018 study that reported that the four major sports leagues will earn a collective $4.2 billion from widely available legal sports betting and of that $1.1 billion for baseball. Since Las Vegas was and has been the run-away leader in the gaming indusry, any sporta team located their gained a tremendous advantage due to easy access to experts in the field, and far more so than most states except New Jersey. But what caused MLB and Oakland to eventually move to the idea of relocating the A's, was what Commissioner Manfred called “the stadium situation” in Oakland and Tampa, plus the fact that California did not, and still does not allow, sports betting. While sports gambling moved to legality in 2018, that same year the Oakland A's signed an agreement with the City of Oakland that allowed the team to pay for City staff-time toward predevelopment work toward eventully securing a development agreement and a funding agreement sparking the groundbreaking for Howard Terminal Ballpark. So, at this point, Las Vegas was in the exploratory stage, as it was seen more as a candidate for expansion. Meanwhile, Portland, hungry to get an MLB team, saw the Oakland A's as nearby and vulnerable, and so aggressively went after the organization. But then, in 2019, the City of Oakland started working with the A's and the California Legislature toward the passage of two bills, SB 293 Skinner (named for California State Senator Nancy Skinner), and AB 734 Bonta, (named for California Assemblyman now Attorney General Rob Bonta). California Governor Gavin Newsom signed both into law October 11th, 2019. And on March 14th, 2019, the City of Oakland hired real estate executive and friend of Oakland Assistant City Administrator Betsy Lake, Molly Maybrun, as the Project Manager for The Howard Terminal Ballpark Project. So, Howard Terminal seemed to be on its way. But 2020 showed a dramatic slow-down, because the City of Oakland never bothered to create a public financing authority to steer stadium development. Stay tuned.
via YouTube https://www.youtube.com/watch?v=SUfXXl3ukGc

Oakland's Loss Of The Oakland A's To Las Vegas Really Started 4 Years Ago

Oakland's Loss Of The Oakland A's To Las Vegas Really Started 4 Years Ago

The Oakland Athletics were approved for funding a $1.5 billion ballpark to be built on land currently occupied by The Tropicana ...
via YouTube https://www.youtube.com/watch?v=SUfXXl3ukGc

Why ZENNIE62MEDIA Does Long-Form Vlogs On Zennie62 YouTube - Short Form Short-Changes Creators - ATLNews

Why ZENNIE62MEDIA Does Long-Form Vlogs On Zennie62 YouTube - Short Form Short-Changes Creators
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Happy Juneteenth 2023 - Why I Have Come To Terms With Juneteenth But What Must Change For The Future - ATLNews

Happy Juneteenth 2023 - Why I Have Come To Terms With Juneteenth But What Must Change For The Future
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#shorts - ATLNews

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Happy Fathers Day Where On This Fathers Day I Was Reminded You Dont Have To Be A Dad To Be A Dad - ATLNews

Happy Father’s Day Where On This Father’s Day I Was Reminded You Don’t Have To Be A Dad To Be A Dad
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A Fathers Day Thanks To Vinny Lospinuso For His Heartwarming Vlog To Me - ATLNews

A Father’s Day Thanks To Vinny Lospinuso For His Heartwarming Vlog To Me
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Oakland As Fans Rob Manfred Is Right And Mayor Thao Is Completely Playing You On Howard Terminal - ATLNews

Oakland A’s Fans Rob Manfred Is Right And Mayor Thao Is Completely Playing You On Howard Terminal
via YouTube https://www.youtube.com/watch?v=bz6g6_YCC70

Nate Miley Alameda County Supervisor Interview On Loss Of Oakland As To Las Vegas - ATLNews

Nate Miley Alameda County Supervisor Interview On Loss Of Oakland A’s To Las Vegas
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Mike Silver Without Public Funding In Sports Stadiums Communities Would Be Shut Out Of Using Them - ATLNews

Mike Silver, Without Public Funding In Sports Stadiums Communities Would Be Shut Out Of Using Them
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Dan Kalb Oakland City Councilman Interview On Loss Of Oakland As To Las Vegas - ATLNews

Dan Kalb Oakland City Councilman Interview On Loss Of Oakland A’s To Las Vegas
via YouTube https://www.youtube.com/watch?v=opx_E1-c0bU

Nevada Assembly Passes Oakland As Las Vegas Ballpark Legislation 22 To 15 Off To Senate - ATLNews

Nevada Assembly Passes Oakland A’s Las Vegas Ballpark Legislation 22 To 15 Off To Senate
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How Teams Pay For Stadiums - One Example Based On Experience Over 37 Years - ATLNews

How Teams Pay For Stadiums - One Example Based On Experience Over 37 Years
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Will Steven Donziger Denounce Roger Waters After Antisemitism Claims By Government? - ATLNews

Will Steven Donziger Denounce Roger Waters After Antisemitism Claims By Government?
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Ariana Cossie The Home Depot Girl With Makeup Vlogs Without Makeup - Will Home Depot Capitalize? - ATLNews

Ariana Cossie The Home Depot Girl With Makeup Vlogs Without Makeup - Will Home Depot Capitalize?
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If Oakland A’s Matter To Mayor Thao, Why Isn’t Howard Terminal On Home Page Of City Website? - ATLNews

If Oakland A’s Matter To Mayor Thao, Why Isn’t Howard Terminal On Home Page Of City Website?
via YouTube https://www.youtube.com/watch?v=I5MOsJ9sQqc

Oscarville: The City Under Lake Lanier - ATLNews

Join Gwinnett County Public Library as we chronicle a part of Georgia history - the story of Oscarville, Georgia where 1,100 black people once thrived. We discuss their amazing resilience in securing land, livelihoods, and financial success only 47 years out of slavery; and recount the tragedy of the racial expulsion of 1912 that displaced them, caused great loss, and the eventual emergence of Lake Lanier. For other talks by experts, adult programs and more, visit https://ift.tt/TsPmtzO
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Looks Like Some Oakland A’s Fans Are Paid By Mayor Thao To Cover Up Oakland Government Corruption - ATLNews

Looks Like Some Oakland A’s Fans Are Paid By Mayor Thao To Cover Up Oakland Government Corruption
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Zennie Abraham Gives Coliseum City Oakland Raiders Stadium Presentation At Luka's, Sept 23 2015 - ATLNews

Zennie Abraham Gives Coliseum City Oakland Raiders Stadium Presentation At Luka's Taproom, September 23 2015 This was a lecture to present a plan for new version of Coliseum City based around a proposed plan for a Raiders Stadium and Hotel Complex. The event was a result of Oakland Raiders Owner Mark Davis asking me to come up with a stadium plan (with long-time friend Mike Silver as my witness) while we were at the NFL Spring League Meeting held that May in San Francisco. The plan I formed was based on Mark's statement that he needed $400 million from the City of Oakland in order to make the financing work from his perspective. The plan I created drew that $400 million from the net operating income of a planned 1,100 room hotel that would be built in such a way that it was connected to the newly rebuilt stadium by way of an entrance pavilion. The idea of the meeting at Luka's was to present the plan to members of "Save Oakland Sports" to drum up support. Gary Flaxman used my Flip Video Camera, but at one point he decided to turn it 45 degrees - not sure why to this day, but it's only a small segment of time in the total presentation, the rest of which is shown normally. In the picture is my friend and former boss former Oakland Mayor Elihu Harris. Unfortunately, Luka's is closed now. It was a victim of the Pandemic and Oakland's complete lack of any economic development program to save small businesses. Stay tuned. Join Zennie62 YouTube channel to get access to perks: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA/join A Zennie62 Oakland News Now YouTube vlog SUBSCRIBE TO ZENNIE62 YOUTUBE HERE: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA?sub_confirmation=1
via YouTube https://www.youtube.com/watch?v=QCOzCObJZhw

NFL News Bill Carroll-32 Teams-32 Days- Cardinals Kyler Murray, DeAndre Hopkins, Steve Keim - ATLNews

NFL News Bill Carroll-32 Teams-32 Days- Cardinals Kyler Murray, DeAndre Hopkins, Steve Keim, Monti Ossenfort Join Zennie62 YouTube channel to get access to perks: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA/join When they signed defensive end J.J. Watt and running back James Conner, the Cardinals showed the rest of the league just how aggressive they can be in the free agency. But after a modicum of success, Monti Ossenfort was hired, after a decade of Steve Keim running the team. Keim had been with the team since he started as a regional scout in 1999. With the departure of Keim, the Cardinals have made some philosophical shifts. With Ossenfort served as director of college scouting (2014-19), assistant director of college scouting (2011-13), national scout (2008-10), area scout (2006-07), and a personnel assistant (2003). He was also with the Houston Texans as a pro and college scout. The Patriot Way" trading back in the draft and collecting picks. Manipulating circumstances to find value picks on both the offensive line and in the defensive backs grouping. For Ossenfort specifically, he played a role in drafting players such as outstanding former Cardinals OLB Chandler Jones as well as quarterbacks Jimmy Garoppolo, Jacoby Brissett, and Jarrett Stidham. Other skill players were: Sony Michel, Damien Harris, and former Arizona State standout WR N’Keal Harry. On the offensive line, he drafted future All-Pro Joe Thuney as well as Isaiah Wynn and Shaq Mason who mostly, played well. A Zennie62 Oakland News Now YouTube vlog SUBSCRIBE TO ZENNIE62 YOUTUBE HERE: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA?sub_confirmation=1
via YouTube https://www.youtube.com/watch?v=IY0iNgUA68E

Horrible Air Quality on Long Island - Why Is There Smoke On Long Island? By Vinny Lospinuso - ATLNews

Horrible Air Quality on Long Island - Why Is There Smoke On Long Island? By Vinny Lospinuso Join Zennie62 YouTube channel to get access to perks: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA/join A Zennie62 Oakland News Now YouTube vlog SUBSCRIBE TO ZENNIE62 YOUTUBE HERE: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA?sub_confirmation=1
via YouTube https://www.youtube.com/watch?v=inOpREmSbuk

Nevada Gov. Joe Lombardo Calls Special Session For Oakland A's Las Vegas Ballpark - by Richard Haick - ATLNews

Nevada Gov. Joe Lombardo Calls Special Session For Oakland A's Las Vegas Ballpark - by Richard Haick Join Zennie62 YouTube channel to get access to perks: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA/join A Zennie62 Oakland News Now YouTube vlog SUBSCRIBE TO ZENNIE62 YOUTUBE HERE: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA?sub_confirmation=1
via YouTube https://www.youtube.com/watch?v=5SdlmgTAF1E

Oakland A's Never Said Las Vegas Ballpark Needed To Sellout To Pencil-Out, Bad Journalists Did - ATLNews

It's sad that in sports in America, an unpopular team relocation decision automatically leads to bad journalism, but that's the case with the Oakland Athletics' plan to build a $1.5 billion ballpark in Las Vegas, and on land currently occupied by the Tropicana Hotel. The Oakland A's recently announced that the ballpark is expected to draw 2.5 million visitors. The whole mess started with Bally's press release, which read, in part, “The ballpark is expected to welcome more than 2.5 million fans and visitors annually, and will be a one-of-a-kind asset for the Las Vegas Strip” and “The new ballpark will accommodate approximately 30,000 fans.” No where in the press release did Bally's say that the proposed ballpark would need 30,000 fans for the bond issue to be paid. Journalists (most notably with the L.A. Times) unthinkingly hopped on that “2.5 million fans “ number to assume that it meant the A's were saying each game would draw over 30,000 visitors, and that each person would have a seat. In point of fact, neither Bally's nor the A's said that. Given that Bally's announced its intention to attract other developer partners, writing “Bally's retains the ability to assign the rights to all aspects of this development and has received material interest from development partners”, it's fair to assume that there will be a standing-room-only ticket sales provision, the better to assure that patrons flow from ballpark to other land uses in the sports and entertainment district. The trouble is, folks who call themselves journalists, didn't stop to think about the ballpark from the perspective of a stadium developer, let alone ask questions that would reflect a stadium developer's perspective. Indeed, this entire affair reveals that the modern journalist is really a blogger absent the number one rule of Blogger's Ethics: always state your biases and never fein objectivity. So, the biased journalist trots out my friend, Stanford Profesor Roger Noll, who's a really heck of a nice man, but has a terrible bias that comes into his work in evaluating the economic performance of stadium proposals. We know each other from my days as Founder and CEO of Sports Business Simulations, where I created the Oakland Baseball Simworld game for the classroom. Anyway, Roger did the unthinking thing, where he forgot that the stadium's part of a larger development project, and assumed that the A's were projecting that each ticket sold was for a seat, rather than SRO and seating. In other words, Professor Noll tried to assume something wrong with the proposal, rather that follow its land use layout to its logical conclusion that bears repeating: the ballpark is part of a sports and entertainment complex where visitors can watch baseball and do other things, all in one visit. Call it a compact version of what Oakland Coliseum City is supposed to be, just in Las Vegas. And as for the numbers Bally's put out, Roger was clearly missing the real news: that the projected tax revenues would be enough to pay off the $120 million bond issue in 5 years, even though the debt service is spread over 30 years. Assuming an interest rate of 6 percent, the debt service over 30 years totals $261,536,081, or $8,717,869, annually. Meanwhile the expected tax revenue is $38.8 million from one-time construction, $17 million annually, and $36.5 million, annually from “incremental visitation”, totals $92.3 million in year one, and then $53.5 million each year, thereafter. So, over a four year period, that totals $306 million, or a difference of a positive $44.764 million, and that's leaving another 25 years of tax revenue collection for the bond. So, it's quite clear that just taking a little time to crunch the numbers reveals that the ballpark complex does pay for itself. If journalists of today acted like objective operators they claim to be, perhaps we'd get a real, honest look at stadium proposals, Stay tuned.
via YouTube https://www.youtube.com/watch?v=goDXSTqo2pQ

21 Club's Famous Secret Wine Cellar - ATLNews

Take a look at the famed 21 Club's secret wine cellar.
via YouTube https://www.youtube.com/watch?v=SDKlXB4n4JE

Does President Biden’s Staff Care About Biden? Who Put The Sandbags In His Way? - ATLNews

Does President Biden’s Staff Care About Biden? Who Put The Sandbags In His Way?
via YouTube https://www.youtube.com/watch?v=4Vp4gx_otQE

SB 509 Jeremy Aguero & Steven Hill Present Oakland A's Las Vegas Ballpark Bill To Nevada Legislature - ATLNews

SB 509 Jeremy Aguero & Steven Hill Present Oakland A's Las Vegas Ballpark Bill To Nevada Legislature Jeremy Aguero is consultant to the Oakland Athletics, and staff to the Las Vegas Stadium Authority. Steven Hill is the President of The Las Vegas Convention and Visitors Authority. Join Zennie62 YouTube channel to get access to perks: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA/join A Zennie62 Oakland News Now YouTube vlog SUBSCRIBE TO ZENNIE62 YOUTUBE HERE: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA?sub_confirmation=1
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Hubert Keller Talks About Fleur - His Madalay Bay Las Vegas Restaurant - ATLNews

#Zennie62 Hubert Keller Talks About Fleur - His Madalay Bay Las Vegas Restaurant https://ift.tt/LHGqN3u - vlog produced by Zennie Abraham Zennie62 Blog https://ift.tt/cB9lQpn - youtube video A Zennie Abraham YouTube Vlog Zennie62, Oakland's 1st YouTube Partner Channel, covers San Diego Comic Con, NFL Draft, Oakland Raiders, CES Las Vegas, The Academy Awards - CBS SF Bay Area Follow @Zennie62 on Twitter https://twitter.com/zennie62 オークランドの襲撃者 - (Zennie62 YouTube vlog) https://ift.tt/b0wFW2d Maria Ayerdi Kaplan - https://ift.tt/URxSGaP Video: https://www.youtube.com/watch?v=i-dZt3rPjnk Is Tom Steyer Working Against Insight Terminal Solutions Oakland OBOT? https://ift.tt/1qh2xMZ insight-terminal-solutions-oakland-obot/ Insight Terminal Solutions Oakland Bulk And Oversized Terminal Project Update For August 20, 2019 https://ift.tt/rsKBlvL Insight Terminal Solutions Oakland OBOT Update For August 19, 2019 https://ift.tt/mDhx12Z Insight Terminal Solutions LLC CEO John Siegel Biography https://ift.tt/gb0jAfN Insight Terminal Solutions OBOT Development Held Up By City Of Oakland https://ift.tt/HlUACdo Is Tom Steyer Working Against Insight Terminal Solutions Louisville Oakland OBOT? – Oakland News Now https://ift.tt/p5l7wMq Visit Oakland News Now Blog https://ift.tt/G3KyZxv Read ZENNIE62MEDIA's https://ift.tt/zJRx58N SUBSCRIBE TO ZENNIE62 YOUTUBE HERE: https://www.youtube.com/channel/UCqtc118chzxCUJExjeWbeEA?sub_confirmation=1
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Did Molly Maybrun Oakland’s Howard Terminal Project Manager, Leave Or Is On As Consultant? - ATLNews

Did Molly Maybrun Oakland’s Howard Terminal Project Manager, Leave Or Is On As Consultant? Does Mayor Thao’s still have her as Point Person? Molly Maybrun has served as the Howard Terminal Ballpark Project Manager since March of 2019. For that time, she's proudly put that she held that title and worked for the City of Oakland in her Linkedin Page Profile; now, it simply reads that she's a Real Estate Development Executive, with no association to anyone. But, her City of Oakland experience reads that she's still working with the City, even as Linkedin refers to her in the past-tense. My hypothesis is that she's still on as a consultant. But all of this is clearly related to the A's focus on moving to Las Vegas. It also points to a possible lowering of focus on the task of redeveloping Oakland's Waterfront. And she may be a casualty of Oakland's expected large budget deficit, as well. Whatever the case, it's a sad end to the Howard Terminal Project as one that has the high-priority designation of the City of Oakland. Which begs the question: what would happen if the A's turned around and elected to try and stay in Oakland? Can the City of Oakland afford the effort? Well, if the City of Oakland actually started using tax increment financing, the answer would be a giant "YES". Stay tuned.
via YouTube https://www.youtube.com/watch?v=qTHohA9CVIE