Oakland Raiders Field
The Oakland Raiders have closed on the purchase of 62 acres west of the Mandalay Bay resort, clearing a hurdle in the team’s bid to relocate to Las Vegas and build a stadium in time for the 2020 NFL season.
The Oakland Raiders have decided on the location of their new 65,000-seat stadium in Las Vegas. [6] On May 1, 2017, it was revealed that the Oakland Raiders had secured a site for their new stadium in Las Vegas. [6] USA TODAY Sports’ Tom Pelissero recaps the recent NFL owner vote that will move the Oakland Raiders to Las Vegas. [2] Earlier today, all 32 NFL owners voted on whether they approved relocating the Oakland Raiders to Las Vegas. [7]
f the Oakland Raiders get the green light this week to move to Las Vegas, the publicly owned Coliseum will lose about $7 million a year in revenue from the NFL team’s lease, food concessions and other moneymakers. [23] The Oakland Raiders are negotiating with the Oakland Alameda County Coliseum Authority for a lease extension that would let them play in Oakland through 2020, despite a Las Vegas stadium being in the works to open that year. [19]
“The city of Oakland and county of Alameda, economically, won’t even notice that the Raiders have left,” said Rodney Fort, a sports management professor at the University of Michigan. [23] “The Raiders give an identity to the city of Oakland that is priceless.” [23] While a select number of Oakland businesses might feel the team’s absence, the Raiders leaving wouldn’t have a measurable effect on the local economy, experts say. [23]
Read the full article by The Boston Commons High Tech Network here: http://bostoncommons.net/oakland-raiders-field/