Nevada Assembly OK's funding for new Raiders stadium in Las Vegas

Raiders owner Mark Davis backs plan for building new stadium in Vegas

The Nevada Assembly voted Friday to approve a bill to spend $750 million in public funds to help build a new football stadium in Las Vegas, aimed at luring the Oakland Raiders there.

After a lengthy debate, the Assembly voted 28-13 in favor of the

bill. The Nevada Senate passed the bill by a 16-5 margin on Thursday.

The bill now goes to Nevada Gov. Brian Sandoval, who has indicated that he will support the deal.

The bill raises hotel room taxes to help fund a $1.9 billion

stadium that's backed by casino owner Sheldon Anderson.

Raiders owner Mark Davis has pledged to contribute toward the cost of building the stadium and Sheldon reportedly has promised to contribute $650 million.

"I would like to thank Governor Sandoval, the Southern Nevada

Tourism Infrastructure Committee and the members of the Nevada Legislature on this historic day," Davis said in a statement.

"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," Davis said.

Oakland Mayor Schaaf said earlier this week that she is still

hopeful that an agreement can be reached to build a new football stadium in Oakland that would keep the Raiders in the city for the long term.

The Raiders signed a lease extension agreement in April that keeps the team at the Oakland Coliseum at least through the end of this year and possibly for two additional years.

Davis has explored the possibility of moving the team to several

cities in recent years.

Before looking at Las Vegas, he first considered moving to San

Antonio and then made a serious bid to build a new stadium in the Los Angeles area and move the team there.

But that proposal was rejected by National Football League owners at a meeting in January.

Three-fourths of the owners of the NFL's 32 teams must approve any proposal to move a team.

Jeff Shuttleworth, Bay City News

— Bay City News Service

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1 person likes this
Posted by Seeya
a resident of Happy Valley
on Oct 16, 2016 at 2:54 pm

Thank God. Good bye and good riddance to "Raider Nation". We can finally put this saga to rest.

1 person likes this
Posted by NFL fan
a resident of Downtown
on Oct 17, 2016 at 9:59 am

Please move. That way, the local channel can carry a different game on Sunday. There are many other exciting team to watch, but the local channel keep showing the Raiders. So boring.

1 person likes this
Posted by Good Move
a resident of Canyon Creek
on Oct 18, 2016 at 1:57 pm

I think that California needs to do everything possible to lower the burden on our overloaded infrastructure such as freeways, water, electrical generating capacity, etc. Should the Raiders move, this will help and I applaud Nevada and the Raiders willingness to aid us in our hour of need.

1 person likes this
Posted by Map
a resident of Del Prado
on Oct 18, 2016 at 9:17 pm

Adios silver and black you've milked this state long enough, maybe you can try that personal seat license scam on those poor, unsuspecting Nevadans, hopefully we have finally gotten you off our welfare rolls.

Like this comment
Posted by Raiders
a resident of Castlewood
on Oct 19, 2016 at 7:59 am

We continue to pay on the Oakland Coliseum through 2030 whether the raiders are in Cali or not. The bond was for upgrades to the stadium.

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