For a while, rumor's had it that the Oakland Raiders were playing with the idea of making the move to Las Vegas, Nevada. Because of the long-standing reputation Las Vegas has for sports betting, it has long been seen as off-limit territory for any professional teams to claim as their home. But since the Oakland Raiders weren’t one of the teams selected for the potential move to Los Angeles, Raiders owner Mark Davis created a game plan to finalize the relocation to Sin City. The move would make the Raiders the first professional sports team in Las Vegas.
Back in September, the Southern Nevada Tourism Infrastructure Committee approved a recommendation of $750 million in public funding, with Davis pledging another $500 million that includes a loan from the NFL for a new stadium. In addition, Sheldon Adelson, the chairman of casino and resort Las Vegas Sands Corporation, pledged another $650 million to the project. If approved, the proposed 65,000-seat domed stadium would be shared with the UNLV Rebels who have been playing at Sam Boyd Stadium since 1971. Once the proposed stadium for the Raiders is built, Sam Boyd Stadium would eventually be demolished.
The $750 million hotel tax was officially approved on October 14, and now it looks like all they need is the OK from 24 of the NFL owners. Easy, right? Not exactly, considering Mark Davis’ reputation for being the owner everyone loves to hate. His shaky history as an outspoken owner who’s hardly seen as a businessman has a lot to prove if he wants the deal to be finalized.
Even if the relocation is made official, the Raiders would most likely continue to play in Oakland for the 2017 season while the Las Vegas stadium is being built and possibly through the 2018 season because of the year-to-year lease they have with the Oakland Coliseum.
The move would be the Raiders’ third relocation in 56 years.