OAKLAND (KRON) — The Oakland Raiders have officially filed their paperwork to relocate to Las Vegas Thursday morning, according to Clark County Commission Chair Steve Sisolak.
This is the next step for their push to move to Las Vegas. However, the Raiders will still need 24 votes from the league’s owners to formally make the move. That vote is expected to happen late March.
Sisolak is part of an 11-member panel that was appointed by Nevada Gov. Brian Sandoval to study plans for a proposal backed by billionaire casino owner Sheldon Adelson’s company, Las Vegas Sands Corp., to build a domed stadium to lure the Raiders to town.
The proposed 65,000-seat domed stadium is expected to cost $1.9 billion, including $750 million in hotel tax revenue, $650 million from Adelson, and $500 million from the Raiders and the NFL.
“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,” Sisolak said.
Owner Mark Davis has been pushing for the team to move to Las Vegas. He’s already filed for trademarks for the phrase “Las Vegas Raiders.”
The City of Oakland is hoping to keep the team in The Town. But with city officials struggling to compete with the deals in place with Vegas politicians, the chances of keeping the Silver and Black are beginning to look slim.