NFL owners approve Raiders' move to Vegas
Mar 27, 2017 - 6:58 PM NFL team owners have given the green light to the Raiders moving to Las Vegas from Oakland, paving the way for the building of a new, $US1.9 billion stadium in Sin City.The plan by Raiders owner Mark Davis, who has been a driving force behind the relocation, won the support of 31 of the league's 32 owners, with only the Miami Dolphins ownership dissenting.
The Raiders will play the 2017, 2018 and possibly 2019 seasons in Oakland before relocating to Las Vegas in 2020, Davis said during a news conference after the vote.
He acknowledged some fans in Oakland will be disappointed, but said his goal in the meantime was to "bring a championship to Oakland."
The relocation plan appeared to be all but dead after casino mogul Sheldon Adelson and later Goldman Sachs changed their minds about helping to finance the stadium construction earlier this year.
Adelson had pledged up to $US650 million toward construction of the domed stadium but pulled his support in January after the team presented a lease proposal without his knowledge.
But the Raiders secured financing from Bank of America Corp .
An additional $US750 million will come from public funds via a visitor's tax on hotel rooms.
Source: AAP
No one has shouted yet.
Be the first!
Be the first!
Related News
- 2024 seven-round NFL Mock Draft: Patriots lean heavily on offense, Cardinals take opposite approach 2:16a
- Detroit Lions' new threads include return of black uniform 10:38p
- Agent's Take: A guide to fifth-year options for 2021 first-round picks, including Micah Parsons, Justin Fields 8:28p
- 2024 NFL Draft: Five teams most likely to trade down, including Bears, Chargers 8:28p
- Top 15 first-round values of last 10 NFL Drafts: Lamar Jackson among stars to outperform their draft position 8:26p
- Better-Than Team for 2024 NFL Draft: Here are the prospects Pete Prisco likes more than scouts do 8:25p
- LOOK: Lions unveil new uniforms for 2024 season that includes a new black jersey combo 8:06p
- Josh Allen shares what he texted Stefon Diggs after Bills traded the star wide receiver to Texans 7:55p
- Inside Colts QB Anthony Richardson’s rehab, preparations for Year 2 7:47p
- Michael Penix Jr. discusses career, what's next ahead of 2024 NFL Draft 7:38p
- NFL scout says Caleb Williams is 'most likely' to become Hall of Famer in 2024 QB class | Speak 6:12p
- 2024 NFL Draft: Can Michigan break Georgia's record for most players drafted? 6:05p