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Per ESPN
Raiders' Mark Davis to meet with officials about possible relocation to Las Vegas
Raiders' Mark Davis to meet with officials about possible relocation to Las Vegas
Oakland Raiders owner Mark Davis will attend a meeting with Nevada tourism officials Thursday in Las Vegas to discuss relocating to a proposed domed stadium there, a source in the Nevada Governor's Office of Economic Development confirmed to ESPN.
Davis is scheduled to appear at the Southern Nevada Tourism Infrastructure Committee meeting at 11 a.m. ET, Thursday in Las Vegas. The meeting will include more on a $1.3 billion stadium project being proposed by casino mogul Sheldon Adelson and real estate agency Majestic Realty.
The Raiders have signed a one-year lease for the 2016 season at the Oakland Alameda Coliseum. The lease includes two one-year options for 2017 and 2018, but financial developments have added incentives to relocate. The team's rent tripled in the agreement and they lost revenue from stadium naming rights, when O.co opted out of its agreement in early April.
Davis has met with Adelson and toured UNLV's Sam Boyd Stadium as a potential temporary home. The location for the proposed Las Vegas stadium is a 42-acre lot on Tropical Avenue, a few blocks off the Strip.
Davis declined comment in regards to Thursday's meeting to ESPN. Thursday is also the first day of the NFL draft.
Los Angeles remains an option for the Raiders, if the San Diego Chargers elect to remain in San Diego instead of joining the Los Angeles Rams in Inglewood, California.
The Chargers have until Jan. 15, 2017 to decide whether to join the Rams in L.A., according to a relocation agreement between the two teams. The deadline could be extended until Jan. 15, 2015, if a referendum for public financing in San Diego is not approved prior to Nov. 15 of this year. A $1.8 billion stadium project for the Chargers has been proposed.