- Mar 1, 2008
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Is Vegas a viable solution for Raiders? - ESPN Video
While we are at it, has anyone anywhere bothered to talk about how Mark plans to deal with the half a billion needed to cover the relo fee?
From what I have read, the NFL prefers a 5 year term, and the franchise uses it's revenue/profits to cover the payment schedule.
He's on a fixed income from the Oakland Raiders revenue. So he can't afford a relocation fee, or to pay off a loan.
He will be forced to sell his majority share to rich bay area investors that will be instructed to stay in oakland
No what's disappointing is having an owner that is following in his father's footsteps, I always asked where Al got his $$$, he isn't a billionaire cable guy etc. So like his dad Mark is looking for the best deal available (in his mind) Mark sell theteam to a person or group that will work with Oakland, then live your life relaxing somewhere warm, you are doing nothing but driving the fringe fan away, look no further then when your dad moved to LA, coliseum was sold out every week last year lots of empty seats
Seems pretty obvious that Mark has backed himself into a corner. Oakland continues to remain his best option. He's pissed because he is going to have to sell a chunk of the team to get the stadium done. I think the NFL secretly wants him to force him to sell.
It other words if NFL G4 funds -$200 NFL gift to Oakland -$100 if Mark claim he has $300 =$600 million it's only a $300 shortfall there investors out there but Raiders don't want to do the work
Like·Reply·Yesterday at 10:09am
Jimmy RuizIt's only $100 million from the NFL. The other $100 million is to stay in Oakland. Also Mark is not putting up any of his family's $. They only have $500 million. He's proposal is to use revenue from the stadium to pay for his end for X amount of yrs.So in actuality he only has at his disposal $100 million from the NFL towards a new stadium if he leaves Oakland. Not to mention he will have to pay $500 million in relocation fees. Plus they still need to get the Los Vegas tax payers to agree to pay the $750 million gap they have right now to found a new stadium. Also the location they have picked is too close to the airport so the FAA will not allow them to build a stadium on that site.
Like·Reply·3·Yesterday at 3:29am·Edited
Shawn CrawfordAlso the 1.2 billion would be put on the taxpayers, which they will not pay, and the tourism infrastructure committee in nevada would prefer to choose to renovate the convention center that host conventions and shows like ces, e3 and the avn expo which is huge to vegas..so that is against him, mgm which is a big pull in Vegas will have a big problem with that because it will potentially create competition for events.
While we are at it, has anyone anywhere bothered to talk about how Mark plans to deal with the half a billion needed to cover the relo fee?
From what I have read, the NFL prefers a 5 year term, and the franchise uses it's revenue/profits to cover the payment schedule.
He's on a fixed income from the Oakland Raiders revenue. So he can't afford a relocation fee, or to pay off a loan.
he also knows that the bay area is the richest market in the U.S. because the raiders value will skyrocket....and that 2 million people in vegas he commented is over inflated reported by 65% its really 750,000 people
like I said there is no way the raiders will go...because john mara is the ringleader in that no to vegas movement
jerry is a smart businessman unlike our owner lol. I believe Mr. Jones know that Vegas is NOT going give Mark $750million just to help him become more richer. We can also add San Diego, SF, LA, and most definitely Carson to that list.
I think jerry is being asked by fellow owners to say something nice to lv, he knows davis is broke, and that stadium will not be approved by taxpayers, city council and state legislature, and the other owners will not approve also. The 300 million is approved for oakland only...this is nothing but a leverage ploy, not "real" according to davis. 6th largest television media market, annual median income to nearly 80,000 and top strong economic growth in the United States.
State legislatures and taxpayers will cringe at this 1.2 billion that they have to pay no way, faa will not like because of the proximity of the airport, casinos will have a say because that is 16 games where they have to take your games off of the board, plus I know jerry is talking about the hype but better believe this, he knows and the others know that the nfl is market driven, having two teams in the bay area is huge...don't believe all what oakland is not doing they are ready to negotiate but davis is not negotiating in good faith or even attending meetings how is that possible. .we all know John mara and the steelers group is the ring leader in this no to las vegas movement the other owners will fall in line..the media are making different stories after stories but the media does not know the truth
AWESOME.
I have sources in the NFL and he told me no way the other owners will not approve a move to Las Vegas. The owners don't respect him, and they want Mark to sell the team.Also this is a bad for Las Vegas tax payers. That could bankrupt the town. No tax payers should be paying that kind of money towards a stadium hell no!
Another $100 mil is money awarded following the LA vote that can ONLY BE USED TO BUILD A STADIUM IN OAKLAND!
So, in summary, Bowl Cut really has only $200 mil to give for Vegas. Vegas isn't going to happen.
I don't see this plan to Vegas as viable, or happening at all. Mark has been trying to find a partner to build the stadium for him, without selling a share of ownership, and there is no way the Vegas tax payers are gonna vote for this.
"Oakland Raiders owner Mark Davis told the Southern Nevada Tourism Infrastructure Committee that he was willing to move the team to Las Vegas and commit $500 million toward the construction of a 65,000-seat, $1.4-billion domed stadium if the Legislature approves a public-private financing plan."
$2 billion for the whole shebang. $200 million from the NFL stadium fund. $450 million in private investor funds. $500 million from Mark (which is a payback over time).
$780 mill from the public is not a sure thing.
We all see why San Diego is putting together their own facility plan in their respective market....because they know los angeles is unreachable...Davis is using lv to get to la and that will not work.what makes green bay so special, they have shareholders which means the fans owns the team .So davis needs to swallow is ego and pride and just find investors and work on the oakland stadium or matter of fact just sell the team.
He is getting his hopes up until 31 no's comes his way and it will be hilarious.....mark is like a hooker looking for the next sugar daddy to take care of him........the bay area has the highest population and top economic stability....Los Angeles he can forget about that also
While we are at it, has anyone anywhere bothered to talk about how Mark plans to deal with the half a billion needed to cover the relo fee?
From what I have read, the NFL prefers a 5 year term, and the franchise uses it's revenue/profits to cover the payment schedule.
He's on a fixed income from the Oakland Raiders revenue. So he can't afford a relocation fee, or to pay off a loan.
He will be forced to sell his majority share to rich bay area investors that will be instructed to stay in oakland
No what's disappointing is having an owner that is following in his father's footsteps, I always asked where Al got his $$$, he isn't a billionaire cable guy etc. So like his dad Mark is looking for the best deal available (in his mind) Mark sell theteam to a person or group that will work with Oakland, then live your life relaxing somewhere warm, you are doing nothing but driving the fringe fan away, look no further then when your dad moved to LA, coliseum was sold out every week last year lots of empty seats
Seems pretty obvious that Mark has backed himself into a corner. Oakland continues to remain his best option. He's pissed because he is going to have to sell a chunk of the team to get the stadium done. I think the NFL secretly wants him to force him to sell.
It other words if NFL G4 funds -$200 NFL gift to Oakland -$100 if Mark claim he has $300 =$600 million it's only a $300 shortfall there investors out there but Raiders don't want to do the work
Like·Reply·Yesterday at 10:09am
Jimmy RuizIt's only $100 million from the NFL. The other $100 million is to stay in Oakland. Also Mark is not putting up any of his family's $. They only have $500 million. He's proposal is to use revenue from the stadium to pay for his end for X amount of yrs.So in actuality he only has at his disposal $100 million from the NFL towards a new stadium if he leaves Oakland. Not to mention he will have to pay $500 million in relocation fees. Plus they still need to get the Los Vegas tax payers to agree to pay the $750 million gap they have right now to found a new stadium. Also the location they have picked is too close to the airport so the FAA will not allow them to build a stadium on that site.
Like·Reply·3·Yesterday at 3:29am·Edited
Shawn CrawfordAlso the 1.2 billion would be put on the taxpayers, which they will not pay, and the tourism infrastructure committee in nevada would prefer to choose to renovate the convention center that host conventions and shows like ces, e3 and the avn expo which is huge to vegas..so that is against him, mgm which is a big pull in Vegas will have a big problem with that because it will potentially create competition for events.
While we are at it, has anyone anywhere bothered to talk about how Mark plans to deal with the half a billion needed to cover the relo fee?
From what I have read, the NFL prefers a 5 year term, and the franchise uses it's revenue/profits to cover the payment schedule.
He's on a fixed income from the Oakland Raiders revenue. So he can't afford a relocation fee, or to pay off a loan.
he also knows that the bay area is the richest market in the U.S. because the raiders value will skyrocket....and that 2 million people in vegas he commented is over inflated reported by 65% its really 750,000 people
like I said there is no way the raiders will go...because john mara is the ringleader in that no to vegas movement
jerry is a smart businessman unlike our owner lol. I believe Mr. Jones know that Vegas is NOT going give Mark $750million just to help him become more richer. We can also add San Diego, SF, LA, and most definitely Carson to that list.
I think jerry is being asked by fellow owners to say something nice to lv, he knows davis is broke, and that stadium will not be approved by taxpayers, city council and state legislature, and the other owners will not approve also. The 300 million is approved for oakland only...this is nothing but a leverage ploy, not "real" according to davis. 6th largest television media market, annual median income to nearly 80,000 and top strong economic growth in the United States.
State legislatures and taxpayers will cringe at this 1.2 billion that they have to pay no way, faa will not like because of the proximity of the airport, casinos will have a say because that is 16 games where they have to take your games off of the board, plus I know jerry is talking about the hype but better believe this, he knows and the others know that the nfl is market driven, having two teams in the bay area is huge...don't believe all what oakland is not doing they are ready to negotiate but davis is not negotiating in good faith or even attending meetings how is that possible. .we all know John mara and the steelers group is the ring leader in this no to las vegas movement the other owners will fall in line..the media are making different stories after stories but the media does not know the truth
AWESOME.
I have sources in the NFL and he told me no way the other owners will not approve a move to Las Vegas. The owners don't respect him, and they want Mark to sell the team.Also this is a bad for Las Vegas tax payers. That could bankrupt the town. No tax payers should be paying that kind of money towards a stadium hell no!
Another $100 mil is money awarded following the LA vote that can ONLY BE USED TO BUILD A STADIUM IN OAKLAND!
So, in summary, Bowl Cut really has only $200 mil to give for Vegas. Vegas isn't going to happen.
I don't see this plan to Vegas as viable, or happening at all. Mark has been trying to find a partner to build the stadium for him, without selling a share of ownership, and there is no way the Vegas tax payers are gonna vote for this.
"Oakland Raiders owner Mark Davis told the Southern Nevada Tourism Infrastructure Committee that he was willing to move the team to Las Vegas and commit $500 million toward the construction of a 65,000-seat, $1.4-billion domed stadium if the Legislature approves a public-private financing plan."
$2 billion for the whole shebang. $200 million from the NFL stadium fund. $450 million in private investor funds. $500 million from Mark (which is a payback over time).
$780 mill from the public is not a sure thing.
We all see why San Diego is putting together their own facility plan in their respective market....because they know los angeles is unreachable...Davis is using lv to get to la and that will not work.what makes green bay so special, they have shareholders which means the fans owns the team .So davis needs to swallow is ego and pride and just find investors and work on the oakland stadium or matter of fact just sell the team.
He is getting his hopes up until 31 no's comes his way and it will be hilarious.....mark is like a hooker looking for the next sugar daddy to take care of him........the bay area has the highest population and top economic stability....Los Angeles he can forget about that also
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