Board OKs conditional lease for Raiders stadium in Las Vegas

19 Mai, 2017, 23:27 | Author: Marie-Claire Cellier
  • Las Vegas. The public entity that oversees the proposed stadium where the Raiders want to start playing in 2020 has approved a conditional lease

The Las Vegas Stadium Authority on Thursday unanimously approved a conditional lease agreement for the Oakland Raiders, helping avoid any possible delays on the team's relocation.

Had a lease not been agreed to today, and ready for the league meetings next week, the next chance the Raiders would have to present the lease to the NFL wouldn't occur until the next league meeting in October.

The lease agreement has been approved by the Stadium Authority and the Raiders. The team also has to figure out parking options for the stadium that will be built near the Las Vegas Strip, west of the Mandalay Bay casino-resort.

Owners can now vote on ratifying the lease at this month's meetings.

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With the approval, the stadium is back on track to be completed for the 2020 campaign. The team hasn't decided where it will play in 2019, although owner Marc Davis has said he doesn't want to play at UNLV's Sam Boyd Stadium, which seats only 35,500.

The Raiders have two one-year leases at the Oakland Coliseum and plan on playing in their current home in 2017 and 2018 even with their loyal supporters knowing the team will be departing.

According to the Las Vegas Sun, the approved lease "offers the Raiders and their designated events company more confidentiality for their financial information during required audits".

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