Raiders Would Play in Vegas Rent-free
LAS VEGAS (AP) — The Oakland Raiders wouldn’t pay rent at a proposed tax-funded stadium they want to call home in Las Vegas. That’s according to the most recent version of a lease agreement unveiled Thursday during a meeting of the public entity overseeing plans for the $1.9 billion project.
The stadium authority board justified the lack of rent for the Raiders with the investment that the team is making on the 65,000-seat domed stadium. Guests of hotels and other lodging facilities in the Las Vegas area are contributing $750 million through a room tax increase.