Planetizen rounded up the pertinent news stories on the big move by the NFL's Raiders from their home in the East Bay to Sin City. The Las Vegas Raiders will be a thing by 2020 at the latest.
"As expected, NFL owners gave Las Vegas its blessing to host one of the league’s most storied franchises on Monday," reports Elliot Almond for The Mercury News, with proximity to the fan base that got the bad news on Monday.
Reporting for the Las Vegas Sun, Adam Candee made this pronouncement: "The Las Vegas Raiders are official."
Paul Gutierrez writes for ESPN about how the deal got made, with a 31-1 vote by NFL owners. The Miami Dolphins were the only team to vote against the move. Will Brinson and Tim Kawakami both report that Dallas Cowboy owner Jerry Jones was the not-so-invisible political and financial force behind the move.
The stadium deal that enables the move seemed dead in the water as recently as January 2017, when casino magnate Sheldon Adelson and Goldman Sachs backed out of the deal. Now, however, with a $1.9 billion stadium construction plan in place, Las Vegas is "poised to claim the mantle of World’s Most Expensive Stadium from East Rutherford, New Jersey, where the Jets and Giants play in the $1.6 billion MetLife Stadium," writes Henry Grabar for Slate. Here's the record breaking rub:
Clark County taxpayers will contribute $750 million to the new arena, a record for a sports facility—about $354 per resident, taken from an increased tax on hotel rooms. That tax currently pays for schools and transportation, in addition to tourism-related expenditures.
Back in October, Stanford economist Roger Noll went on the record in an article by Aaron Stanley calling the stadium deal "the worst deal for a city I have ever seen."
Read the full story: BREAKING: NFL owners vote to send Raiders to Las Vegas
Oakland Stadium Deal Gains Support
The Raiders are threatening to move to Las Vegas, but the city of Oakland intends to offer a land and infrastructure deal to convince the team to stay.
3 NFL Teams File Walking Papers
Three teams will attempt to leave town. Resolution of the contentious political situations could be coming very soon.
$400 Million Needed for Oakland NFL Stadium Deal Lacks Political Support
One city is prioritizing fiscal sanity over a new football stadium—at least for now.
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