No one could have imagined back in 1928 the pot of gold the NFL would become, nor how exclusive and valued a franchise would be to those cities hosting them. If such a truth is going to find Las Vegas, this is certain: It must happen now.
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Oakland Raiders owner Mark Davis on Thursday told the Southern Nevada Tourism Infrastructure Committee that he wants to move his NFL franchise to Las Vegas, and he pledged $500 million toward the construction of a $1.4 billion domed stadium if a public-private financing plan is approved by the Legislature.
A domed stadium proposed for the University of Nevada, Las Vegas football team has a price tag of $1.2 billion, and developers would seek $780 million in public financing, according to a document provided by Las Vegas Sands Corp., which is leading a consortium behind the project.
Casino giant Las Vegas Sands Corp. will lead a consortium of investors planning to build a $1 billion domed stadium on 42 acres near the University of Nevada, Las Vegas that would house the school’s football team — and possibly a National Football League franchise.
UNLV officials are looking at commercial developments including a 30,000-square-foot entertainment building, restaurants and retail stores as possible money-makers to help buy a 42-acre stadium site at Tropicana Avenue and Koval Lane.