A discussion on UNLV’s use of the 65,000-seat NFL stadium being built by the Oakland Raiders at Interstate 15 and Russell Road is on Thursday’s Las Vegas Stadium Authority board agenda.
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The Las Vegas Stadium Authority unanimously approved the stadium lease agreement with the Oakland Raiders Thursday afternoon.
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.
Projected costs for a proposed new NFL stadium in Las Vegas might not be as high as anticipated, leaving Oakland Raiders owner Mark Davis looking for a new investment partner but possibly needing less money to complete the project.
Amazingly, the $750 million in public money already committed to a proposed 65,000-seat domed stadium in Las Vegas seems to have fallen to sidebar status.
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.