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Team: Oakland Raiders

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Roger Goodell said he does not "see an ownership position in a team from a casino."
He added the NFL likely would not approve a stadium deal involving a casino, either. These comments make clear why the Raiders cut out casino magnate Sheldon Adelson from their proposed move to Las Vegas, but that decision has threatened their financing for a new stadium. Goodell also did not promise the league will approve a move to Vegas, saying "there's a great deal more work to be done" before that decision is made. The relocation once looked like a slam-dunk, but it has lost considerable steam in the last week. Feb 2 - 9:37 AM
Source: ESPN

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The San Diego Union-Tribune's Kevin Acee reports San Diego officials have reached out to the Raiders to gauge their interest in the city.

It's unclear if the two sides exchanged any words, but the mayor of San Diego apparently recently talked with an "NFL official" to let the league know the city is interested in again having an NFL team after the Chargers left for L.A. The Chargers left because the city wouldn't help finance a stadium for the past almost-two decades. We doubt the Raiders would move to San Diego without having an upgrade on Qualcomm Stadium. And the NFL may not even approve it if it thinks three teams in Southern California is too many. Ultimately, Vegas is still the favorite to land the Raiders.
Jan 31 - 8:22 PM

NBC Bay Area reports the Raiders' proposed Las Vegas stadium is on thin ice without casino financier Sheldon Adelson.

For now, Adelson has withdrawn from the process, but it could just be a negotiating ploy. The Los Angeles Times' Nathan Fenno reports Goldman Sachs' pledge to finance the stadium is contingent on Adelson's involvement. The situation figures to have more twists and turns as the week progresses.
Jan 31 - 2:32 PM

ESPN's Ramona Shelburne reports Goldman Sachs is "re-evaluating" the proposed stadium deal in Las Vegas.

Casino magnate Sheldon Adelson withdrew his financial backing Monday after the Raiders proposed a lease agreement without consulting him, but the Raiders reportedly made backup plans with Goldman Sachs. Those backup plans look to be teetering on the edge, however, which could scuttle the deal. These concerns could push back the relocation vote, which was expected to happen during the league meetings in March.
Source: ESPN
Jan 31 - 9:02 AM

Casino magnate Sheldon Adelson has withdrawn his financial backing from the Raiders' proposed stadium deal in Las Vegas.

Adelson appears to be upset after the Raiders submitted a proposed lease agreement to the Las Vegas Stadium Authority last week without his knowledge. Adelson said he is "deeply disappointed for the disregard the Raiders showed our community partners, particularly UNLV, through the proposed agreement" and his family "will no longer be involved in any facet of the stadium discussion." The NFL was never likely to be at ease with Adelson's involvement in the deal, and he reportedly wanted a piece of the franchise in return for helping finance the stadium. With Adelson always looking like a stumbling block, the Raiders proactively made arrangements to move forward with financing from Goldman Sachs if Adelson dropped out. If anything, this development was necessary to pave the way for the relocation to gain approval.
Jan 30 - 8:40 PM

Even if the Raiders are approved for relocation to Las Vegas, they plan to play the next two seasons in Oakland.

That should go swimmingly. Owner Mark Davis has no other choice, as Las Vegas doesn't have a suitable temporary venue, unlike Los Angeles and its ancient football stadiums and modern soccer parks. The NFL has handled the relocation of three of its 32 franchises in disastrous fashion the past two years.
Jan 19 - 2:24 PM

Raiders have officially filed relocation paperwork for their proposed move to Las Vegas.

This has been expected for quite some time, but now it is official. If 24-of-32 owners approve the move, the Raiders will hope to be in Las Vegas in time for the 2020 season. The Raiders hope to play in a $1.9 billion stadium financed in part by casino magnate Sheldon Adelson and Clark County hotel tax revenue.
Jan 19 - 12:19 PM

If the league approves the Raiders' move to Las Vegas, the team would hope to relocate in time for the 2020 season.

The Raiders are expected to file paperwork for their move in the coming days, setting the stage for a vote this spring. 24-of-32 owners would have to approve the move. If it passes, the Raiders would build a $1.9 billion stadium in Las Vegas. Of that $1.9 billion, the Raiders would contribute $500 million with the rest coming from casino magnate Sheldon Adelson and Clark County hotel tax revenue. The Raiders would be the first NFL franchise and only the second franchise in the four major sports to play in Las Vegas.
Jan 15 - 1:16 PM

NFL Network's Ian Rapoport reports the Raiders will file relocation papers with the league in an effort to move from Oakland to Las Vegas.

Owners will vote on the proposed move this spring, but it would be a surprise if the Raiders do not get the 24 votes they need to make their relocation official. The organization is hoping to move into a $1.9 billion stadium project partially financed by casino owner Sheldon Adelson, but that deal has not been finalized. It likely will need to be before the owners vote on the move.
Jan 14 - 9:22 AM

The NFL reportedly believes the Raiders are done in Oakland and is working to "clear a path" for their move to Las Vegas.

The league is meeting to discuss the situation on Wednesday. Owner Mark Davis has been frank about his desire to uproot the team for Sin City. It appears the Bay Area will be losing its only competitive football team.
Jan 10 - 6:51 PM

The Washington Post reports it's uncertain if the league would approve the Raiders' move to Las Vegas if/when the team formally applies for relocation.

Per reporter Mark Maske, owners' concerns have more to do with Vegas' modest size than status as a gambling mecca. Las Vegas is just the 29th largest metropolitan area in the United States, sandwiching itself between Cincinnati and Kansas City. Oakland is 11th, and St. Louis is 20th. "Most of us would prefer they stay in Oakland," a high-ranking official said. "If that’s not possible and we get to January and the Las Vegas deal is all there is, we’ll have to consider it." Owner Mark Davis seems hellbent on a desert move, but it's far from a certainty.
Tue, Oct 18, 2016 05:59:00 PM

Nevada lawmakers approved a hotel tax increase which will provide $750 million in public funding towards a new NFL stadium in Las Vegas.

This deal does not ensure the Raiders will be moving to Las Vegas, but it removes a major obstacle to the relocation. "All parties have worked extremely hard to develop and approve this tremendous stadium project that will serve as a proud new home for the entire Raider Nation," owner Mark Davis said. Davis still needs approval from three-fourths of the owners to relocate, but he seems to have quite a bit of support in league circles. It is likely the Raiders will be the Las Vegas Raiders in the near future.
Source: FOX Sports
Sat, Oct 15, 2016 10:55:00 AM

The Raiders have earned initial approval of $750 million in public funding for a stadium in Las Vegas.

The matter now heads to the Nevada state legislature, which might not be as eager to hand out three quarters of a billion dollars in taxpayer money for a football stadium. It would be a record for a stadium anywhere in America.
Thu, Sep 15, 2016 03:17:00 PM

The (currently) Oakland Raiders filed a trademark application for "Las Vegas Raiders."

The move does not mean the team is definitely going to Las Vegas, but it is another strong indication there is more than smoke surrounding the proposed move to Sin City. Owner Mark Davis has said the team will move to Las Vegas if the city "comes through" on a new stadium deal, and Cowboys owner Jerry Jones has already publicly supported the move, suggesting there is backing inside the league as well.
Source: Forbes
Thu, Aug 25, 2016 10:41:00 AM

Raiders owner Mark Davis believes moving the team to Las Vegas would "unite the Raider nation."

"The Raider fans in Northern California get upset a little bit when we talk about going to Los Angeles, and the L.A. fans get a little ticked off at the fans in Northern California, so it seems like Las Vegas is a neutral site that everybody’s kind of bought into," Davis tried to rationalize. "It will unite the Raider nation more than divide it." If Davis were right, it would be the first time in the history of professional sports that moving a team "united" a fanbase. Davis isn't trying to move the team to unite Raiders fans. He's doing it because it would make him richer and there's no stadium solution on the horizon in Oakland.
Tue, May 24, 2016 05:53:00 PM

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