First casino magnate Sheldon Adelson dropped out of the Raiders’ Las Vegas stadium plan, then investment firm Goldman Sachs bailed. Now, the proposed move to Vegas is “all but dead,” Daniel Kaplan of Sports Business Journal (on Twitter) hears. This week’s events took both the Raiders and the NFL by surprise. Despite some public bickering, the Raiders were hoping that they could take their deal with Adelson to the finish line. But, if that failed, they were under the impression that Goldman Sachs would help finance the stadium instead and that’s what they told the league just a couple of weeks ago. Now, it seems that the two parties are a package deal. Adelson and the firm have a long business history together and it appears that they will stand shoulder-to-shoulder with the Sands billionaire.
Raiders Move To Vegas “All But Dead”?
Pro Football Rumors | Feb 1