{"id":69656,"date":"2023-06-14T20:10:28","date_gmt":"2023-06-15T00:10:28","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/california-representatives-propose-legislation-aimed-at-as-owner-john-fisher-69656"},"modified":"2023-06-14T20:10:28","modified_gmt":"2023-06-15T00:10:28","slug":"california-representatives-propose-legislation-aimed-at-as-owner-john-fisher","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/california-representatives-propose-legislation-aimed-at-as-owner-john-fisher-69656","title":{"rendered":"California representatives propose legislation aimed at A&#8217;s owner John Fisher"},"content":{"rendered":"<div>\n<p>Reps. Barbara Lee, D-Calif., and Mark DeSaulnier, D-Calif., announced the introduction of the &#8220;Moneyball Act&#8221; on Wednesday, and it\u2019s a direct shot at <a href=\"https:\/\/www.foxnews.com\/category\/sports\/mlb\/oakland-athletics\" target=\"_blank\" rel=\"noopener\">Oakland Athletics<\/a> owner John Fisher.<\/p>\n<p>Fisher is set on relocating his team to <a href=\"https:\/\/www.foxnews.com\/category\/us\/las-vegas\" target=\"_blank\" rel=\"noopener\">Las Vegas<\/a>, and the Nevada Senate put that in motion Tuesday when it approved to help fund Fisher\u2019s new stadium in Sin City with $380 million in public tax money.<\/p>\n<p>However, Lee and DeSaulnier believe Fisher will need to pay a premium for relocating.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/sports\" target=\"_blank\" rel=\"noopener\"><strong>CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM<\/strong><\/a><\/p>\n<p>The Moneyball Act is described as &#8220;legislation that would require the owners of any professional baseball club seeking to relocate to compensate the state and local authorities they move away from. If the owners do not oblige, then Major League Baseball would be subject to the antitrust laws they have been exempt from for over a century.&#8221;<\/p>\n<p>Lee also sent a letter to <a href=\"https:\/\/www.foxnews.com\/category\/sports\/mlb\" target=\"_blank\" rel=\"noopener\">MLB Commissioner Rob Manfred<\/a>.<\/p>\n<p>&#8220;The City of Oakland and Alameda County have been home to the A\u2019s for five and half decades,&#8221; Lee wrote. &#8220;Multiple generations of Oaklanders have grown up identifying with the team\u2019s dogged efforts and hard-earned triumphs. The A\u2019s organization adds significant tangible economic benefit to our region, including numerous good paying jobs at Oakland Coliseum. But as important is the sense of unique shared cultural identity that surrounds the team and its local fanbase (sic).&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/sports\/nevada-senate-approves-bill-fund-las-vegas-stadium-night-fans-run-reverse-boycott\" target=\"_blank\" rel=\"noopener\"><strong>NEVADA SENATE APPROVES BILL TO FUND A&#8217;S LAS VEGAS STADIUM ON NIGHT FANS RUN \u2018REVERSE BOYCOTT\u2019<\/strong><\/a><\/p>\n<p>&#8220;MLB\u2019s continued active encouragement of the A\u2019s abandonment of Oakland and the East Bay runs counter the rationale supporting MLB\u2019s century-old exemption from federal anti-trust law. I ask you to reconsider efforts to subsidize or otherwise encourage the relocation of the Oakland A\u2019s out of the East Bay.&#8221;<\/p>\n<p>With this act, Lee wants it so &#8220;no city and community is left behind when billionaires decide that lining their own pockets is more important than the community that supports them.&#8221;<\/p>\n<p>DeSaulnier added, &#8220;I am proud to introduce this bill with Congresswoman Lee on behalf of the East Bay and communities across the country that stand to lose out as a result of corporate greed in sports.&#8221;<\/p>\n<p>A\u2019s fans want the team to stay, but it\u2019s almost a certainty that Fisher is going to get what he wants. Fans ran a &#8220;reverse boycott&#8221; on Tuesday night at Oakland Coliseum, packing the stadium to show Fisher the fan base is still there \u2013 they just want him to sell the team so that it can stay in Oakland.<\/p>\n<p>The A\u2019s ended up defeating the MLB-best Tampa Bay Rays that night, moving their win streak to seven straight games.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/sports\/as-win-sixth-straight-game-shea-langeliers-three-run-double\" target=\"_blank\" rel=\"noopener\"><strong><u>A&#8217;S WIN SIXTH-STRAIGHT GAME BEHIND SHEA LANGELIERS THREE-RUN DOUBLE<\/u><\/strong><\/a><\/p>\n<p>But Fisher, who employs the league\u2019s lowest payroll at $60 million, has his Las Vegas plan in motion right now.<\/p>\n<p>A 42-person Nevada Assembly now needs to vote to approve the $380 million funds from the state, so Gov. Joe Lombardo, who has been a proponent for bringing a MLB franchise to Vegas to join the NFL\u2019s Raiders and NHL\u2019s Golden Knights (who just won the Stanley Cup on Tuesday night), can sign off on it.\u00a0<\/p>\n<p>The A\u2019s have been in Oakland since 1968, as they began in Philadelphia in 1901 before moving to Kansas City in 1955.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/sports\/california-representatives-propose-legislation-aimed-as-owner-john-fisher\">Source &#8211; https:\/\/www.foxnews.com\/sports\/california-representatives-propose-legislation-aimed-as-owner-john-fisher <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reps. Barbara Lee, D-Calif., and Mark DeSaulnier, D-Calif., announced the introduction of the &#8220;Moneyball Act&#8221; on Wednesday, and it\u2019s a direct shot at Oakland Athletics [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-69656","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>California representatives propose legislation aimed at A&#039;s owner John Fisher - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/california-representatives-propose-legislation-aimed-at-as-owner-john-fisher-69656\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"California representatives propose legislation aimed at A&#039;s owner John Fisher - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Reps. 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