Early figures show Las Vegas Sands’s ask for tourism-based taxes for its joint project with UNLV would be among the biggest ever for an NFL-ready stadium.The size of Las Vegas Sands Corp.’s stadium subsidy ask bucks current trends in the funding of football stadium construction, sports economists say.
It seems Mark Davis has thought about moving the Oakland Raiders to Las Vegas for some time. Or at least covering some of the bases for it.
Speaking for the first time since visiting Las Vegas on Friday, Oakland Raiders owner Mark Davis said Monday the prospect of moving his team to Nevada is “interesting” but he’s not sure how well it would be received by the rest of the NFL.
Hours after Oakland Raiders owner Mark Davis visited Las Vegas on Friday to explore a new home for his team, the NFL sent a memo to all 32 franchises that said the league has no rule against moving to any particular market.
Here are some questions, answers and scenarios about the proposed $1 billion, 65,000-seat stadium based on conversations with sources with knowledge of the situation:
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.
Las Vegas desperately needs a new stadium. For that to happen, the city desperately needs a plan for a new stadium.
Last week, we got one. And it’s the most viable project pitch the region has seen since aging Sam Boyd Stadium was conceived nearly 50 years ago.
To say things have been on an uptick for Napoleon McCallum is putting it more mildly than a Palm Springs winter.
For the sake of this discussion, let’s assume shovels will be placed in the ground at the $1 billion domed arena site on the edge of UNLV’s campus. And that the NFL rescinds its leather-helmet view of legal and highly monitored gambling on pro football.
This is no Iowa cornfield, and the only farming I have done lately is to roll a broken lawn mower out to the curb for a garage sale, but if you close your eyes and imagine what more than $1 billion might deliver Las Vegas in terms of a domed stadium, you just might see all that Ray Kinsella built and more.
