As expected, Nevada governor Brian Sandoval signed a bill green-lighting $750MM in public money for a $1.9 billion domed stadium for the Raiders in Las Vegas, as Michelle Rindels of the Associated Press writes. The Nevada Asssembly had approved the funding the bill last week, and the Raiders have now taken a major step towards relocating to Sin City.
[RELATED: UNLV Stadium Stopgap Option For Raiders?]
“Las Vegas is ready for this. Nevada is ready for this,” said Sandoval. “The best brand on the planet is coming together with one of the best brands in professional sports. It is truly one of those situations where 1+1=3.”
However, even after Nevada cleared a substantial financial hurdle, Raiders owner Mark Davis’ battle with the NFL and his fellow owners isn’t close to its conclusion. NFL ownership sources continue to maintain Davis might not have enough support to reach the 24-vote plateau required for a relocation, as Jason La Canfora of CBSSports.com reported yesterday.
That vote could is likely to take place within the next six-to-nine months, sources tell Mike Florio of Pro Football Talk, who hears that the chances of the Raiders getting the okay to move to Las Vegas are more positive (PFT pegs the odds of a “yes” at 75%). Of course, some owners could have voice concern with the potential move, especially given the prevalence of gambling activity in Las Vegas. But as Florio notes, any such questions raise could merely be a ploy to raise the Raiders’ relocation fee.