Friday, February 10, 2017

The Latest: Raiders say Las Vegas stadium financing on track (Yahoo Sports)

FILE - In this Jan. 1, 2017, file photo, Oakland Raiders owner Mark Davis stands on the field during warmups before an NFL football game against the Denver Broncos in Denver. Davis wants to move his team to Las Vegas, but financial backers recently said they were pulling out of a stadium deal, and NFL Commissioner Roger Goodell said

The president of the Oakland Raiders says financing for the proposed Las Vegas stadium will not be an issue despite the withdrawal of an instrumental backer. The remarks from Marc Badain before the board that oversees the proposed project came Thursday, less than two weeks after casino magnate Sheldon Adelson pulled his multi-million pledge toward the $1.9 billion stadium. Adelson and his family had pledged $650 million and the Raiders $500 million, with the stadium authority putting up $750 million in Las Vegas tax revenues.


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