Mark Cuban’s Harbinger Sports Group announces it has bought a minority stake in the Oakland Athletics as the team prepares to relocate to Las Vegas in 2028. Multiple outlets report the acquisition is intended to align with the franchise’s planned move and its future operations in Nevada. The Athletics’ relocation has been a central part of the team’s longer-term planning, and the new investment is described as part of that runway. Fox Sports and Yahoo Sports both cite Thursday’s announcement and note that the deal is for a minority ownership position rather than a full takeover. Yahoo Sports also reports the announcement does not specify what percentage stake Harbinger Sports Group acquired. The reports identify Cuban as part of the investment group, referencing his background as an ex-Dallas Mavericks owner. The exact terms of the transaction, beyond the minority-stake characterization, are not detailed in the summaries provided.
Mark Cuban-led group buys minority stake in Athletics ahead of 2028 Las Vegas move
Mark Cuban’s Harbinger Sports Group announces it has bought a minority stake in the Oakland Athletics as the team prepares to relocate to Las Vegas in 2028. Multiple outlets report the acquisition is...
- Harbinger Sports Group, which includes Mark Cuban, buys a minority stake in the Athletics.
- The investment is made ahead of the Athletics’ planned move to Las Vegas in 2028.
- The announcement is made on Thursday, according to the reports.
- The percentage of the stake acquired is not specified in the available announcement details.
- The deal is described as a minority ownership acquisition, not a full buyout.
Thursday’s announcement by Harbinger Sports Group did not say what percentage of the Athletics it had acquired.
3 hours agoAn investment group that includes ex-Dallas Mavericks owner Mark Cuban has bought a minority stake in the Athletics in anticipation of their move to Las Vegas in 2028.
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