OT: Raiders Get New Partner in Las Vegas Stadium Deal

Brian in Mesa

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Raiders Get New Partner in Las Vegas Stadium Deal

http://www.nbcsandiego.com/news/spo...tner-in-Las-Vegas-Stadium-Deal-415518633.html

The Oakland Raiders quest to move to Las Vegas that recently looked like it was falling apart at the seams got hit with a defibrillator on Monday. A new injection of cash might be enough to make the relocation happen.

According to Vincent Bonsignore of the Los Angeles Daily News, the Raiders have secured funding from Bank of America to make up for the estimated $650 million that casino mogul Sheldon Adelson pulled off the table in January.

The Raiders made a presentation to the National Football League laying out the financing plan that is believed to include $500 million from the NFL and the franchise, $750 million in public funds and the new $650 million from B of A to construct a $1.9 billion facility close to the Las Vegas strip.

Interestingly it was reported over the weekend that Dallas Cowboys owner Jerry Jones was attempting to find new investors for the Raiders to facilitate the move. Bank of America has an exclusive bank sponsorship agreement with the Cowboys.


 

Shane

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I'm guessing The new stadium will probably bear Bank of America's name… But I could be wrong
 

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