Things are starting to progress in the Oakland Raiders’ desired move to Las Vegas. On Thursday, Raiders owner Mark Davis was quite forthright at a stadium committee meeting in “Sin City.”
Davis pledged $500 million toward a stadium project for the Raiders to relocate to Las Vegas – a city currently without a professional NFL, NBA, NHL or MLB team.
The proposed domed stadium would cost approximately $1.4 billion. While Davis would be responsible for $500 million, $150 million would come from Sand Corps, and the final $750 million would be funded by tourism taxes.
It would serve as a refreshing start for a franchise in desperate need of one. The Raiders continue to play at O.co Coliseum, which is widely considered the worst facility among NFL teams.
The Raiders actually played an exhibition game in Las Vegas in 1964, and now Davis is hoping to bring the black and silver to Vegas for good.
“We need a home. We need a stadium,” Davis said. “That’s what Las Vegas is going to provide us, and it’s going to be a great marriage.”
The expensive landmark would potentially help to bring in an MLS team as well. Soccer superstar David Beckham joined the meeting in hopes of persuading the committee.
The Raiders still have a lease tied to Oakland for a few more years, but it wouldn’t be surprising to see the team headed to the city that never sleeps in the very near future.