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Las Vegas NFL stadium loses $650M of private investment??
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bluesox Offline
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Post: #11
RE: Las Vegas NFL stadium loses $650M of private investment??
I could see adelson throw his money to unlv to build a new football stadium. Yeah, add some state help and maybe unlv shares it with an MLS expansion. I mean they got 800 million in hotel tax money
01-31-2017 07:08 PM
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MplsBison Offline
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Post: #12
RE: Las Vegas NFL stadium loses $650M of private investment??
(01-31-2017 06:27 PM)Brookes Owl Wrote:  Can't rule it out but that'd be hard to do with the statement released by the governor today. The deal already has $750MM in public funding - a record amount. Gonna be tough to justify an increase.

The justification is the easy part -- does Nevada/Clark/LV want the prestige of having an NFL franchise?? If yes, then pay up.

It's the getting people to agree to pay up, that might be the hard part.
02-01-2017 12:59 PM
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Post: #13
RE: Las Vegas NFL stadium loses $650M of private investment??
(01-31-2017 05:55 PM)MplsBison Wrote:  
(01-31-2017 05:25 PM)Brookes Owl Wrote:  Goldman Sachs is now out too. I think NFL Las Vegas is toast, at least as far as Raiders are concerned. Here's the question: Did Mark screw this up because he is completely out of his depth, or was this the plan all along because he was hoping to leverage Oakland into a better deal? The latter doesn't rule out the former - it could be both.

Vince Sapienza ‏@VinceSapienza

Just got off the phone with Goldman Sachs reps, who say GS had deal to finance LV stadium with Adelson AND Raiders. With no Adelson, no deal



Wild guess: NFL owners told Davis that they will vote no if the money comes from Casinos -- have to draw the line somewhere.



Will be interesting to see if state of NV, Clark County, and/or local municipalities will publicly fund the stadium. I think everyone knows the current Raiders ownership has no money, and no interest taking on ownership partners.

This is exactly what I think happened. Adelson has every right to be upset and to pull out. When does Kroenke intend to sell the Rams because I feel like this is exactly why the owners are "opposed" to taking $$'s from casinos. I believe the current Raiders ownership does have interest on taking ownership partners just so long as it doesn't torpedo what the Raiders are trying to do. I have to wonder if Kroenke is waiting to sell the Rams until after the Jags owner can pull off the NFL to London move, because I believe Kroenke will get a kickback from that, and I'm thinking that Kroenke thinks the Las Vegas Raiders could hurt the value of his franchise when he tries to sell them. Bottom line: the NFL isn't about ethics , it's all about $$$'s.
02-04-2017 01:42 PM
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Post: #14
RE: Las Vegas NFL stadium loses $650M of private investment??
(02-01-2017 12:59 PM)MplsBison Wrote:  
(01-31-2017 06:27 PM)Brookes Owl Wrote:  Can't rule it out but that'd be hard to do with the statement released by the governor today. The deal already has $750MM in public funding - a record amount. Gonna be tough to justify an increase.

The justification is the easy part -- does Nevada/Clark/LV want the prestige of having an NFL franchise?? If yes, then pay up.

It's the getting people to agree to pay up, that might be the hard part.

Vegas honestly doesn't need it though. It's not begging people to move there and like LA, New York, Chicago and Hawai'I can just wait until someone comes along and decides to build a stadium if it wants.
02-04-2017 11:21 PM
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