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Post by Bruinsfan on Apr 28, 2016 17:30:56 GMT -6
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Post by Bruinsfan on Apr 29, 2016 15:37:25 GMT -6
A big part of this is leverage in the hopes of somehow Oakland doing something. The next option is to pray that the Chargers stay in San Diego and they get to move to LA. If those 2 options fail then ya they will probably go to Vegas. The NHL should stay the hell away from Vegas until it's certain the Raiders won't move there. Vegas's main strength for NHL is the only team thing. If the Raiders come the NHL team will be a distant afterthought and everyone will be like OH MY GOD NFL NFL! Mike they committed to this, they agree to come if they build. This is incredibly serious. The Raiders are very committed to this, i dont see this as leverage anymore, Oakland just doesnt have the cash. ..vegas can build whatever venue they want and it works out for them.
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Post by Bruinsfan on Apr 29, 2016 15:39:09 GMT -6
NFL NHL would be fine for vegas, NFL is a part time gig and only 8 events per year
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Post by Bruinsfan on May 2, 2016 15:57:39 GMT -6
I think traveling fans will help any vegas team though, plus casino comped seats will help make up for it. Especially the NFL, the raiders will get a TON of traveling fans from oakland and southern california. Vegas is a destination city that allows for this more than other cities.
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Post by mikecubs on May 2, 2016 16:55:06 GMT -6
I think traveling fans will help the Raiders a TON. It's only 8 games so people from California will come for the game and casinos. I have 0 doubts if they move to Vegas it will work. I'm just not convinced as much on the NHL if the NFL comes. Yes there will be a ton of comps etc... but Vegas is transient and poor too. The Raiders will get 100% of the hype since it's the NFL. NHL will be an afterthought in the media.
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Post by Bruinsfan on May 2, 2016 20:50:39 GMT -6
I think traveling fans will help the Raiders a TON. It's only 8 games so people from California will come for the game and casinos. I have 0 doubts if they move to Vegas it will work. I'm just not convinced as much on the NHL if the NFL comes. Yes there will be a ton of comps etc... but Vegas is transient and poor too. The Raiders will get 100% of the hype since it's the NFL. NHL will be an afterthought in the media. [/quote The nhl also goes a little long too though, it goes into the spring past the nfl. More games so more for the casinos to offer. Casinos will be the majority of corporate sponsorship. I think the NHL may beat them there too. Raiders would fit with the NHL team nicely in color scheme too as the nhl team is rumored to be the Black Knights.
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Post by mikecubs on May 3, 2016 15:42:25 GMT -6
I agree the NHL will beat the NFL to Vegas given that Vegas does have an open arena and construction on the NFL stadium is a ways away if it ever happens.
I really wonder how many comps casinos will offer. 41 games is a lot of games. Is everyone really going to time their trip to Vegas when their favorite NHL team plays there?
Blackknights/Raiders is a perfect fit color wise.
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Post by mikecubs on Oct 12, 2016 22:39:47 GMT -6
Nevada Senate approves Raiders' $1.9 billion Las Vegas stadium deal The Raiders are another step closer to movingThe Nevada Senate approved the Las Vegas stadium deal by a vote of 16-5 on Tuesday, taking another step toward luring the Raiders out of Oakland. Follow Ian Cull ✔ @nbcian #BREAKING: #Raiders stadium deal in Las Vegas approved by Nevada Senate...now must be passed by Assembly, which reconvenes Thursday. #nvleg … 8:23 PM - 11 Oct 2016 1,124 1,124 Retweets 768 768 likes The next step for the proposed stadium to become a reality is for the State General Assembly, which reconvenes Thursday, to pass the measure. The $1.9 billion stadium project hinges on the approval of public funding. A two-thirds vote is needed in the General Assembly to push the project forward. “If the NFL and the Raiders come because we build the stadium, and we won’t build the stadium unless they’re coming, for the first time in modern history the National Football League has signaled a willingness to allow the team to transfer,” Steve Wynn, CEO of Wynn Resorts, told the Las Vegas Review Journal on Monday. If the stadium measure passes, the league would have to approve the Raiders’ move to Las Vegas. Three-quarters of NFL owners would need to give their blessing before the move can become official. www.foxsports.com/nfl/story/nevada-senate-approves-raiders-1-9-billion-las-vegas-stadium-deal-101116
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Post by mikecubs on Oct 14, 2016 20:52:24 GMT -6
Nevada Legislature approves plan to build NFL stadium in Las Vegashe Nevada Legislature has signed off on a plan that would use $750 million in public money to build an NFL stadium in Las Vegas, despite opposition to a project partly funded by billionaire casino mogul Sheldon Adelson. Oakland Raiders owner Mark Davis thanked the legislature in a statement. He also said he hopes to turn Nevada into "the Silver State, into the silver and black state," and pledged $500 million toward the building of the stadium. "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. NFL owners would still need to vote by a three-fourths majority to allow the Raiders to move from Oakland to Las Vegas. The matter is expected to be addressed at next week's fall owners meetings, but there will not be any votes. The Raiders cannot apply for relocation until Jan. 15.A cadre of lobbyists for the project worked hard to firm up enough of the shaky votes to meet the necessary two-thirds threshold and scraped by with the minimum amount of support Friday, when lawmakers called for a quick vote without the customary speeches. Republican Gov. Brian Sandoval, who has been supportive of the project, is expected to sign the deal Monday in Las Vegas."It is truly exciting to see our gaming industry, labor unions and small businesses come together with broad support for these important projects," Sandoval said in a statement. "This is the beginning of the next chapter of southern Nevada's continued dominance in tourism, conventions and hospitality." "It's exciting," Andy Abboud said after the sudden vote. He is chief lobbyist for Adelson's Las Vegas Sands. "But this is really about jobs, and I think at the end of the day, people saw this as a fantastic economic stimulus package." The Nevada Senate gave final approval to some minor changes after the Assembly voted 28-13 and the Senate voted 16-5 in favor of the bill. The measure would raise hotel taxes by up to 1.4 percentage points in the Las Vegas area to fund a convention center expansion and build a 65,000-seat domed stadium. Nine Democrats and four Republicans in the Assembly opposed the bill, which made unlikely allies out of people on the far left and far right of the political spectrum. The project was nearly derailed late Thursday by a state report that said the Nevada Department of Transportation wants to accelerate nearly $900 million in planned road work to accommodate stadium-related traffic. Lawmakers said they felt blindsided after not being warned about the estimate during routine discussions on the project. Transportation officials clarified that the projects were already planned and wouldn't require raising additional revenue. Critics also decried the rushed deal, which is happening in an abbreviated special session rather than the four-month regular session next spring, and complained that the legislature was applying new tax revenue to a stadium instead of reserving it to alleviate an anticipated state budget shortfall. "We are funding luxury items before we're taking care of our needs," said Democratic Assemblywoman Teresa Benitez-Thompson, who opposed the deal. "I don't let that happen in my home, and I'm not going to let it happen ... in this house." T he public contribution will be larger in raw dollars than for any other NFL stadium, although the public's share of the costs -- 39 percent -- is smaller than for stadiums in cities of a similar size, such as Indianapolis, Cleveland and Cincinnati. Critics pointed out that some outside economists, including Stanford professor and sports economist Roger Noll, have panned the deal as a boondoggle based on outlandish financial expectations. Defenders of the stadium say Las Vegas' outsized tourism economy, with 150,000 hotel rooms and 42 million visitors each year, is different than other markets that are more dependent on locals and where stadiums are more likely to cannibalize other businesses. "If we take the visitor component out of our economic impact model, it is negative," said economist Jeremy Aguero, who helped develop the deal. "I do not disagree with the analyses that have been done. ... It's inappropriately applied here." Proponents project 451,000 new visitors will come to Las Vegas as a result of the stadium, ushering in $620 million in economic impact. That is based on the stadium hosting 46 events, including 10 NFL games, six UNLV football games and a variety of concerts, sports and other events. Laborers and veterans said they needed the estimated 25,000 construction jobs the project will bring after the industry was devastated in the recession. The stadium is expected to bring 14,000 permanent jobs to the Las Vegas area. The total deal also sends $420 million for convention center improvements aimed at keeping Las Vegas' lucrative convention industry competitive. The hotel bill for an average-price night at a Las Vegas Strip hotel would go up about $1.50 as a result. www.espn.com/nfl/story/_/id/17795602/las-vegas-nfl-stadium-plan-clears-nevada-legislature
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Post by Bruinsfan on Oct 17, 2016 19:24:19 GMT -6
question is how long does it take and do they stay in oakland during the wait?
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Post by mikecubs on Oct 17, 2016 23:54:04 GMT -6
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Post by mikecubs on Oct 19, 2016 16:03:19 GMT -6
Mark Davis tells owners he will file for Raiders to move to VegasRaiders owner Mark Davis could not have been more clear about his intentions Wednesday, when he informed fellow owners that, barring an unexpected surprise, he plans in January to file papers to move his team from Oakland to Las Vegas, multiple sources told ESPN. "Mark Davis said that he was committed to Las Vegas 100 percent, and that there were several market studies being done by the Raiders," said one source who was present when Davis made his presentation at the league meetings in Houston. There appears to be growing support for Davis among some owners as he has made no progress with Oakland officials over the last few years and was given clearance to file for relocation to Los Angeles earlier this year, though he lost out to Rams owner Stan Kroenke. Also, Las Vegas has committed $750 million in public money toward building a new stadium, presumably near the Strip. "I don't know what there is to say other than, 'Congrats, Raiders on getting the largest public subsidy ever and cleaning up our L.A. [mess]," another source familiar with the Raiders' presentation told ESPN. "They've busted their ass to get something done. I respect that. ... Once you've stepped up and produced something, you deserve better." Following his presentation, Davis told reporters he hasn't shut the door on anything, although Oakland might have shut the door on itself as home for his team. "Oakland was in the driver's seat if they could've put together anything," Davis said Wednesday at the NFL's fall meetings, after updating his fellow owners on his desire to relocate to the gambling capital. "They came up with nothing. "Las Vegas has already done what it is supposed to do and we have to bring it up to the National Football League and get permission to move to Las Vegas." Nevada lawmakers approved a deal last week that increases hotel taxes in the Las Vegas area to raise $750 million for a stadium and more than $400 million to expand and upgrade the Las Vegas Convention Center. Billionaire casino owner Sheldon Adelson is putting $650 million toward the project, while the Raiders and the NFL will kick in $500 million. Commissioner Roger Goodell tried to pump the brakes on the Raiders-to-Vegas talk Wednesday afternoon, telling the media there are a lot of unanswered questions and the league plans to do yet another home market study in Oakland. Goodell, however, supported Davis' assertion there has been no movement toward keeping the franchise in the Bay Area, saying "we have been working to see if there are alternatives and we don't have one" in Oakland.Any relocation needs approval from three-fourths of the 32 NFL owners. There's also the potential for the Raiders to join the Rams in Los Angeles, where a new facility is being built; they would have that option should the Chargers, who have the first option, remain in San Diego, a decision that team must make by mid-January. Those scenarios also have the possibility of being put on hold -- the Chargers could request a delay, something the owners also would need to vote on.Davis also said he believes having a new stadium ready in Las Vegas by 2019 "would be really quick." He admitted the Raiders could play a preseason game as soon as next summer in the existing Sam Boyd Stadium, but that that facility isn't up to NFL standards for regular-season games. Besides, Davis plans to play the next two years in Oakland because the team has a lease with two one-year options there. He cited "stability" for the players and front office, insisting he doesn't envision a "scorched earth policy" from the fans. www.espn.com/nfl/story/_/id/17834575/mark-davis-tells-owners-plans-file-raiders-move-las-vegas
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Post by mikecubs on Jan 31, 2017 10:26:04 GMT -6
Source: Raiders move in doubt as Goldman Sachs mulls involvement following investor's exitThe Oakland Raiders' bid to relocate to Las Vegas has hit another financial roadblock that could put the team's planned move to the desert in jeopardy, a source told ESPN's Ramona Shelburne. With billionaire casino mogul Sheldon Adelson angrily withdrawing from the Raiders' stadium deal on Monday, investment bank Goldman Sachs is also re-evaluating its relationship with the planned deal, a source close to the negotiations told Shelburne. Adelson had previously committed $650 million to get the $1.9 billion project completed but announced the removal of his stake in a statement Monday. Adelson, the CEO of Las Vegas Sands Corp., declared that he had been shut out of talks that led to the lease document presented to the Clark County Stadium Authority. "We were not only excluded from the proposed agreement," Adelson said, "we weren't even aware of its existence." Adelson has a longstanding business relationship with Goldman Sachs. Nevada Gov. Brian Sandoval's office said a lease-agreement proposal submitted last week expressed that the Raiders had intended to pick up the tab for Adelson's pulled $650 million, which would up their total commitment to $1.15 billion for a deal in which they would also accept operation responsibilities and risk. A source told ESPN's Darren Rovell that the Raiders' relocation application to the NFL filed on Jan. 19 also did not include Adelson. On Jan. 12, the Las Vegas Review-Journal reported that the Raiders had told the NFL that it had assurance from Goldman Sachs that the financial firm would continue to back the team's relocation effort even if Adelson was out of the picture. Goldman Sachs had been in line to help underwrite Raiders owner Mark Davis' financial commitment, but with the financial giant now re-evaluating its position and Adelson's withdrawal, the entire deal could be in danger, a source told Shelburne. With the Raiders franchise being the largest financial chip in Davis' portfolio, the inclusion of Goldman Sachs would be relied upon to carry out a deal. In that situation, the investment firm would be on board only if a large return on investment was likely. " If [Adelson] doesn't think it will pencil out for him, it won't pencil out for Goldman Sachs or anybody else that thinks they want to step up to it," Clark County commissioner Chris Giunchigliani told the San Jose Mercury News. "I hate to say it, some of my concerns are starting to bear out. I don't think Mr. Davis cared about either community, ours or Oakland. He's using us against each other." The Las Vegas project includes a domed stadium to be built at a site yet to be decided, probably just off the Las Vegas Strip. It would seat 65,000. In a statement, the Raiders acknowledged Adelson's involvement in the project over the past year and promised to make good on Davis' vow to move to Las Vegas. The Las Vegas Review-Journal, which is owned by the Adelson family, reported Davis had been in Adelson's office "negotiating with the family" even as Raiders president Marc Badain and executive vice president Dan Ventrelle were making a presentation to the authority board on the proposed lease agreement Thursday. Any relocation to Las Vegas must be approved by 24 of the 32 NFL team owners. A vote is expected during league meetings in March in Phoenix. www.espn.com/nfl/story/_/id/18590188/oakland-raiders-las-vegas-stadium-deal-doubt-goldman-sachs-re-evaluates-involvement
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Post by Bruinsfan on Feb 1, 2017 21:27:11 GMT -6
Lol so your telling me Goldman sachs wont finance a guy who eats every meal at PF changs and drives an old mini van around to get his bowl cut haircuts? nooooo
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Post by mikecubs on Feb 2, 2017 8:56:57 GMT -6
Guess what it's worst than the article I posted. Davis tried to double cross Aldeson and Aldeson is one of Goldman sachs top clients. Davis thought he'd get the money without ALdeson. Aldeson called Goldman sachs and told them not to do business with Davis. Aldeson runs Las Vegas. You don't screw him. Listen to the 1st 11 min of this. LOL you can't make this up. am570lasports.iheart.com/onair/la-today-55470/raiders-to-las-vegas-public-money-15522485/Now there are rumors of the Raiders to San Diego and doing a Qualcomm renovation. LOL What a joke the NFL is!
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