Vegas stadium backers down to 2 top sites for Raiders - FOX5 Vegas - KVVU

Vegas stadium backers down to 2 top sites for Raiders

Posted: Updated:
Renderings were presented of a stadium built for the NFL's Raiders on August 25, 2016. (Source: SNTIC.org) Renderings were presented of a stadium built for the NFL's Raiders on August 25, 2016. (Source: SNTIC.org)
Another rendering of the proposed Raiders stadium was presented on August 25, 2016. (Source: SNTIC.org) Another rendering of the proposed Raiders stadium was presented on August 25, 2016. (Source: SNTIC.org)
LAS VEGAS (AP) -

Proponents of an NFL stadium in Las Vegas say they've narrowed their list to two potential sites and are unwilling to accept any less than $750 million in public funding toward the project, which they hope will provide a new home for the Raiders.

Representatives from Majestic Realty and the Las Vegas Sands casino company updated an oversight committee Thursday on their effort to reach a deal to lure the Raiders from Oakland.

Developers estimate that a 65,000-seat domed stadium near Interstate 15 and the Las Vegas Strip will cost $1.9 billion, and they want to use hotel tax revenue to help pay for it.

They want Nevada lawmakers to approve the deal in a special session in September so they can present their proposal to NFL owners in January. Three-quarters of the owners must approve any team relocation.

Copyright 2016 The Associated Press. All rights reserved.

Powered by Frankly
Fox 5
Powered by WorldNow CNN
All content © 2017, KVVU Broadcasting Corporation, Las Vegas, NV and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.