Oakland Athletics have reached a deal to acquire land near the Las Vegas Strip.
The team hopes to play games in a new, billion-dollar retractable roof stadium on the site by 2027.
The agreement on the 49-acre site will end years of tense negotiations for a new stadium in the Bay Area.
The team said it needed a new stadium to remain financially viable and competitive with its peers in Major League Baseball.
This would be the first relocation of a major league franchise in two decades.
The team's president, Dave Kaval, confirmed the agreement to The Las Vegas Review-Journal.
The team spent almost two years working in Las Vegas to determine a location for a long-term home.
The acquisition of the site is a big milestone for the team.
The team plans to finance the stadium with private funds.
The move is subject to approval by Major League Baseball.