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Report: Raiders to File Relocation Papers to Move to Vegas

Saturday, January 14, 2017 8:22
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(Before It's News)

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The Raiders will file relocation papers to move from Oakland to Las Vegas, Ian Rapoport of NFL Network reports.

After a year of planning, debate, and bold action, after many years of a sub-par stadium option in Oakland, the Raiders have made a firm decision on their future.

The stunning move, one that should be made official in the coming days, is expected to add a new city to the NFL’s ever-changing landscape. The Raiders would need 24 votes from the league’s owners to formally make the move, a vote that will come this spring.

The city of Oakland has made no progress to keep the team, sources say. It has not come up with a stadium proposal that league or independent sources believe is credible. At this point, it is only a matter of time before they officially leave.

This decision comes on the heels of — but not directly related to — the Chargers’ swift move from San Diego to Los Angeles.

NFL Commissioner Roger Goodell has said “if the (Raiders) decide that they can’t make it work in Oakland and they decide that they want to file for relocation, then their window is from when they get eliminated from the playoffs to Feb. 15.” They will file before that window closes.

There are still questions, including whether or not the Raiders do the deal for the $1.9 billion Las Vegas Stadium project with the help of casino magnate Sheldon Adelson or not. That was the original plan — the Adelson family would contribute $650 million, the Raiders would contribute $500 million, and there would be $750 million in Clark County hotel room tax revenue. They have not yet come to terms.

Earlier in December, the Raiders presented a plan to NFL owners to finance the stadium with the help from Goldman Sachs advisors. Either option would work.

The post Report: Raiders to File Relocation Papers to Move to Vegas appeared first on Raiders Gab.

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Source: http://www.raidersgab.com/2017/01/14/report-raiders-file-relocation-papers-move-vegas/

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