The Las Vegas Stadium Authority unanimously approved the stadium lease agreement with the Oakland Raiders Thursday afternoon.
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Southern Nevada construction industry experts say whoever ends up building the planned 65,000-seat stadium for the Las Vegas Raiders will face a massive challenge to get it done by the opening of the 2020 NFL season.
When NFL owners gather in Phoenix beginning Monday, they’re expected to consider a vote to relocate the Oakland Raiders to Las Vegas.
It appears it isn’t going to matter that the Oakland Raiders and the Las Vegas Stadium Authority won’t have a lease agreement in place when NFL owners meet in Phoenix at the end of the month to consider relocation of the team to Southern Nevada.
More details of a proposed lease agreement between the Las Vegas Stadium Authority and the Oakland Raiders are expected to emerge Thursday when the 11-member board meets.
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.
Clark County commissioners selected a union leader, an African-American business leader and a woman casino executive to serve on the board that will select the site and oversee planning for a $1.9 billion stadium proposed as the new home of the NFL’s Oakland Raiders.
Pending league approval of the Raiders’ relocation request in January, Mark Davis said the team would not play games in Las Vegas before the 2019 regular season.
UNLV football coach Tony Sanchez said Friday’s passage to provide funding for a new stadium was a tremendous boost for his program. The Rebels will be a tenant in the stadium.
A rent of $250,000 per game — $1.5 million over a traditional season of six home games — has been floated as a possible number. It’s also a price that falls in line nationally with other college programs that play in NFL stadiums.