The Oakland Raiders may have a new name shortly. The Raiders have officially filed their paperwork to move to Las Vegas, the league announced Thursday. For the team to relocate to Las Vegas it must be approved by three-fourths of the NFL’s team owners first.
The proposed 65,000-seat domed stadium the Raiders want to play in is expected to cost $1.9 billion, including $750 million in hotel tax revenue, $650 million from billionaire casino owner Sheldon Adelson and $500 million from the Raiders and the NFL.
The move has be anticipated, and was expected to happen before the league’s Feb. 15th deadline.
“I am happy to see the process moving forward, and greatly appreciate the commitment of the Raiders and work of the Adelson family to the hope of making Las Vegas the home of the Raiders,” Clark County (Nevada) Commission chairman Steve Sisolak told The Associated Press.
This has been the season of major changes. The Rams moved back the Los Angeles during the offseason. While just last week, the Chargers broke their fans hearts, by packing up and moving to Los Angeles as well.
Raiders owner Mark Davis went before the NFL’s stadium and finance committees in New York last week during a 3½-hour meeting, updating the league on his plans to relocate.
The Raiders played in Oakland from 1960 to 1981 before relocating to Los Angeles. They returned to Oakland in 1995.