Clark County Commissioner Chris Giunchigliani has consistently opposed the public’s $750 million subsidy for the 65,000-seat indoor football stadium being built by the Oakland Raiders. Commission Chairman Steve Sisolak and other commissioners have consistently supported it. Nothing was different Tuesday as commissioners neared the financial finish line for funding the project.
Las Vegas Stadium Authority Chairman Steve Hill and Oakland Raiders President Marc Badain on Wednesday signed all the documents needed to fund a $1.8 billion indoor football stadium that will house the NFL team and the UNLV Rebel football team beginning in 2020.
If Wednesday’s Las Vegas Stadium Authority agenda brings about a sense of deja vu, you’re not imagining things.
When the Las Vegas Raiders take the field once they begin playing at their new 65,000-seat indoor stadium, they’ll pass through a field-level club where they’ll be cheered by the team’s fans before going into battle.
The Las Vegas Stadium Authority late Wednesday posted three documents on its website outlining the guaranteed maximum price negotiated by the Oakland Raiders with general contractor Mortenson Construction Co.
When the Las Vegas Stadium Authority considers a lease agreement with the Oakland Raiders Thursday, it could vote on a newly introduced section of the document that spells out authority access to a stadium luxury box suite.
A guaranteed maximum price, the all-important final estimated cost of the Las Vegas stadium the Raiders are building, is expected to be discussed Thursday by the Las Vegas Stadium Authority.
The Las Vegas Stadium Authority on Thursday unanimously approved a series of documents to put the financing in place to build a $1.9 billion indoor football stadium for the Oakland Raiders.
Parking, possibly the most difficult problem the Oakland Raiders face as the team works toward receiving the funds necessary to build its planned 65,000-seat indoor football stadium, will be a key topic in Thursday’s Las Vegas Stadium Authority meeting.
The Las Vegas Stadium Authority and the Oakland Raiders hope to finalize a stadium development agreement that has been months in the making at a special meeting scheduled for Thursday.
The Oakland Raiders have put up a $5 million bond with Clark County to decommission the 63-acre site of the Las Vegas stadium if construction plans fall through.
A final cost figure for the Raiders stadium in Las Vegas is going to be determined over the next few days.
It seems that every corner of U.S. Bank Stadium has some meaningful function that provides an advantage to the hometown Minnesota Vikings. It should be no different at the 65,000-seat Las Vegas stadium for the Raiders and UNLV Rebels.
Thursday’s scheduled special meeting of the Las Vegas Stadium Authority has been canceled and approval of a stadium development agreement has been pushed back to March 1.
The Minnesota Sports Facilities Authority is a guidepost for what the Las Vegas Stadium Authority could look like in four years once the stadium that will house the Oakland Raiders is completed.
