Raiders move to Las Vegas Approved by Owners - 3rd move in 24 months

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Las Vegas Raiders

Scribe:  Samuel Otis

Email:  samuel@thethinkering.com

 

The Oakland Raiders are again making a move.  This time from Oakland to Las Vegas, Nevada, yes Sin City. 

A Monday vote by NFL owners approved the Raiders move out of Oakland.  Owner Mark Davis said, the irresistible opportunity, "to build a world-class stadium in the entertainment capital of the world."  Las Vegas Raiders will dedicate a $1.9 billion stadium in the Nevada desert in 2020, in 2017 and 2018 they will continue to play at the Oakland Coliseum and 2019 has not yet been announced. 

Davis has received about $750 million from Vegas taxpayers he is adding an additional $500 million with the Bank of America financing the rest.   A few previous moves include St. Louis, Sand Diego and now Oakland, that is within the last two years. 

The Raiders knows how to make money, the many moves make clear that income creation is first and foremost in the minds of Davis and all the owners.  

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