Las Vegas Sun

May 19, 2019

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Raiders making ‘impressive’ progress toward moving to Las Vegas

Davis

Eric Christian Smith / AP

Raiders owner Mark Davis watches teams warm up before the first half of an AFC Wild Card NFL game between the Houston Texans and the Oakland Raiders, Saturday, Jan. 7, 2017, in Houston.

The San Diego Chargers may not be the only NFL team that will relocate in the near future.

The Oakland Raiders are attempting to relocate to Las Vegas and they have made what one NFL executive said was "impressive" progress.

#NFL VP Eric Grubman said progress #Raiders have made on LV deal is "impressive."

— Vincent Bonsignore (@DailyNewsVinny) January 11, 2017

The Raiders looked to be on schedule toward their move. They have the necessary funding for a proposed $1.9 billion, $60,500-seat domed stadium in Las Vegas. They have secured $750 million in public money, $650 million from casino magnate Sheldon Adelson and Raiders owner Mark Davis has pledged to contribute $500 million.

Influential owners such as the Dallas Cowboys Jerry Jones and New England Patriots Robert Kraft have indicated support for the move.

However, some owners worried about having a significant gambling presence in the Raiders ownership structure, are balking at Adelson's involvement. There's a early movement toward having the stadium financed without Adelson's involvement.

"It would have to be in compliance with our rules," Art Rooney, owner of the Pittsburgh Steelers and chairman of the league's stadium committee, told reporters Wednesday. "The Raiders are looking at the potential of doing it without Adelson if it comes down to that."

The Raiders want to move after failing to secure funding to build a new stadium in Oakland.

Davis and Adelson are continuing to negotiate the stadium deal, according to reports. Davis has until Feb. 15 to officially file for relocation. If Davis files for relocation, a vote could take place in late March at the NFL owner's meetings. Seventy-five percent (24 of 32) of the league's owners must support the proposal for approval.

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