The Oakland Raiders’ deal with New York-based Goldman Sachs to finance a $1.9 billion stadium in Las Vegas is in jeopardy because the agreement was contingent on a $650 million investment from Sheldon Adelson, who withdrew from the partnership Monday.
Raiders/NFL
If the Raiders ultimately can strike a deal with Goldman Sachs that makes up the $650 million the Adelson family had pledged toward a new Las Vegas stadium, the odds of Oakland getting the 24 votes needed for relocation isn’t at all hurt by the casino executive’s withdrawal.
The family of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson has withdrawn as investors in a proposed $1.9 billion, 65,000-seat domed football stadium intended to bring the NFL’s Oakland Raiders to Southern Nevada.
Several state and county lawmakers Friday questioned demands laid out by the Oakland Raiders in a proposed lease for a planned 65,000-seat stadium in Las Vegas.
The Oakland Raiders submitted a proposed stadium lease agreement to the Las Vegas Stadium Authority Thursday that calls for the team to pay rent of $1 per year.
Steve Sisolak answered the phone and a shiver ran down his spine. At about 8 a.m. Thursday, after 19 months and countless hours spent trying bring an NFL franchise to the Las Vegas Valley, the Clark County commissioner got the news.
The Oakland Raiders have applied for relocation to Las Vegas, the franchise confirmed Thursday to the Las Vegas Review-Journal.
With the Oakland Raiders announcing Thursday that they have formally applied for relocation to Las Vegas, things will move fast as the nine-member board puts agreements in place to build a $1.9 billion, 65,000-seat domed stadium for the team.
The arrival of Las Vegas’ National Hockey League franchise and the potential relocation of the Oakland Raiders to Southern Nevada present enormous retail prospects on everything from T-shirts to all forms of logoed merchandise.
Oakland Raiders executives have told the NFL that Goldman Sachs is committed to financing the team’s proposed domed stadium in Las Vegas with or without an investment from casino executive Sheldon Adelson, the Las Vegas Stadium Authority board learned Thursday.
Living in one of the driest metropolitan areas in the country means doing all we can as a community to protect our limited water resources. Diagnosing and repairing leaks at home is a crucial element of our water conservation efforts. Repairing or replacing hidden water wasters at your home—such as dripping faucets or faulty toilet […]
Vegas Nation Stadium Show host Ed Graney talks to business reporter Rick Velotta, who recently got a tour of the Las Vegas Stadium, and they go over all of the updates on the project.
The presentation was made at the Las Vegas stadium construction site.
Team Marcus Allen rallied to defeat Team Reilly Smith 20-16 on Saturday at a sold-out Las Vegas Ballpark. Proceeds from the event benefited the Tyler Robinson Foundation.
The Raiders easily could challenge to be included among the most memorable clips of the HBO show “Hard Knocks” with a roster that includes Antonio Brown, Richie Incognito and Vontaze Burfict.