Panel Studying Possible Raiders Stadium In Vegas Gets Changing Numbers
LAS VEGAS (CBS SF/AP) — A day after Las Vegas won a bid for an NHL hockey team, a governor's panel studying a proposal for a 65,000-seat stadium to lure the NFL's Oakland Raiders was met with a cascade of changing figures.
Officials focused on the key question of finding a site on which to build a stadium now projected to cost $1.45 billion.
Southern Nevada Tourism Infrastructure Committee members heard again that the project won't cost the public more than $750 million — mostly through a hotel room tax increase.
Davis is featured in a promotional video released in May that was put together for the Vegas Dome proposal.
"When our season's over, we stay. 24-7, 365 days a year," said Davis in the clip. "The players working with the schools, working with the other organizations, charities, are things I don't think anybody else can bring that the Raiders and the National Football League can bring to the city."
The Raiders team president and some Nevada politicians pushing for the stadium to be built also appear in the video.
Last month, Las Vegas Mayor Carolyn Goodman reportedly said she was confident about the Raiders relocating after owner Mark Davis pledged to spend hundreds of millions of dollars to build a stadium there.
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Goodman said the team would leave Oakland for a new stadium off the Las Vegas Strip if the deal is handled properly.
"Mark Davis has assured us that Las Vegas is not getting played in a Raiders stadium deal," Goodman said in an ESPN podcast. "I know we will have a team."
Funding for the stadium won't be an issue according to the mayor, saying she is receiving calls from outside the region offering to help pay for the $1.4 billion facility.
Davis spoke to the committee studying the proposed Las Vegas stadium last month, saying, "there has been no progress in Oakland over the last few months." At the meeting, the owner pledged $500 million towards the project.
A top executive with casino mogul Sheldon Adelson's Las Vegas Sands Corp. is vowing the deal will get done.
There was no talk Thursday about whether gambling on pro sports is a good idea.
Around town, legal sports books are already taking bets on how the as-yet unnamed hockey team will score its first goal.
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