While most of the focus on the planned $1.8 billion, 65,000-seat Las Vegas stadium is focused on the construction site at Interstate 15 and Russell Road, the Las Vegas Stadium Authority continues to monitor agreements it has reached with the stadium’s builders, the Oakland Raiders.
The stadium authority board unanimously approved a $546.3 million budget for the 2018-19 fiscal year and a collection of amended agreements designed to better account for funding of the $1.8 billion, 65,000-seat indoor stadium under construction at Interstate 15 and Russell Road.
Las Vegas is vying to land the NFL draft in 2019 or 2020.
A new NFL stadium is still a long way from completion and billboards all over town say, “The Raiders are coming.”
The last three years have been Clark County’s best when it comes to visitation levels. The coming Las Vegas Stadium should make future numbers even better, according to a new Moody’s Investor Service report.
For much of Wednesday night, there were cheers for the Henderson Raiders. Oakland Raiders President Marc Badain said his football team couldn’t be happier with the neighborhood the team will move to in 2020, when the Raiders relocate from the Bay Area to the desert.