Harbinger Sports Partners buys into the MLB franchise as it prepares to relocate to a $2 billion Las Vegas stadium by 2028.
Mark Cuban’s investment firm, Harbinger Sports Partners, has acquired a minority stake in the Oakland Athletics, a Major League Baseball franchise set to move to a $2 billion domed stadium in Las Vegas by 2028. The team currently plays in a Triple-A ballpark in West Sacramento while construction progresses on the Strip. Cuban, a longtime NBA owner, emphasized the deal’s financial focus in a statement, calling it an opportunity to generate returns for investors.
The Athletics’ relocation has drawn attention amid rising institutional interest in sports franchises. Harbinger’s leadership includes figures with ties to the NFL, MLS, and large-scale venue management, positioning the firm as a key player in the team’s transition. The deal marks Cuban’s first foray into baseball ownership, expanding his portfolio beyond basketball.
The move underscores the growing appeal of sports investments, though access remains limited for everyday investors. The Athletics’ Las Vegas stadium, slated for completion in 2028, is expected to reshape the franchise’s financial outlook.