Tha Sports Junkies 101

NFL Raiders Relocation to Las Vegas Approved

Las Vegas Raiders .sanden. via flickr


Las Vegas Raiders

Mark Davis and his Oakland Raiders have been approved for a relocation to Las Vegas following an owner vote. The NFL gathered 32 owners, 31 of which voted for the relocation. Dolphins owner Stephen Ross was the only owner to vote against the measure. The Palm Beach Post reported Ross stating that,” …we as owners and as a league owe it to the fans to do everything we can to stay in the communities that have supported us.” “Back in Black” has been a common catchphrase for the Raiders. However, many Raiders fans may now connect the team with the old AC/DC track “Highway to Hell” with the AFC West possibly running through the soon-to-be Las Vegas Raiders.

Stadium Funding

Surprisingly, the 65,000 seating stadium will cost an astounding $1.9 billion to fund. As far as financing a stadium in Las Vegas, the Raiders will need a bit of help. After Sheldon Adelson withdrew his $650 million pledge, the Raiders found help in the form of Bank of America. The Raiders have $750 million toward the project through a hotel tax passed by Nevada State Legislature. The franchise itself is committing $500 million toward the project.

Oakland’s Effort

Oakland Mayor Libby Schaaf has made continuous attempts to keep the Raiders in Oakland, to no avail. In a letter to the commissioner, she pleaded for an opportunity to work with a small group of owners and complete a deal on the Coliseum site. In addition, Mayor Schaaf also requested a secret ballot, but the ideas were not feasible in the eyes of the commissioner.

The Oakland Raiders plan to play out the 2017 and 2018 seasons in Alameda County. Unfortunately, question marks surround the 2019 season, as the stadium is not expected to be completed until 2020. Mark Davis has stated he would like the team to stay in Oakland for 2019. Though Davis and the Raiders own team options to stay in Oakland for the next two seasons, it may not be an option in 2019. Considering UNLV’s current stadium all but ruled out, it will be interesting to see where the 2019 Raiders call home.