USA TODAY Sports

After news broke on Wednesday night that the Oakland Athletics were nearing an agreement in Las Vegas for a new stadium, the A's released a statement confirming their intention to move out of Oakland.

The statement reads:

"For more than 20 years, the A's have focused on securing a new home for the Club, and have invested unprecedented time and resources for the past six years to build a ballpark in Oakland. Even with support from fans, leaders at the city, county and state level, and throughout the broader community, the process to build a new ballpark in Oakland has made little forward progress for some time. We have made a strong and sincere effort to stay here. We recognize that this is very hard to hear. We are disappointed that we have been unable to achieve our shared vision of a waterfront ballpark. As we shift our focus to Vegas, we will continue to share details about next steps."

In addition to this statement, the mayor of Oakland has said the city is ceasing negotiations with the A's:

Reports that have come out throughout the late Wednesday-early Thursday hours indicate that the A's will try to start playing in Las Vegas for the 2027 season.

The A's have played in Oakland since 1968.

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