The last time Oakland released information regarding its plan to build a stadium that would keep the Raiders from moving to Las Vegas, owner Mark Davis quickly made it clear that he’s not interested in deviating from his plan to relocate the team. With Oakland releasing a term sheet that outlines the project, Davis has said nothing, yet.
Meanwhile, the Las Vegas Review-Journal, a publication owned by casino mogul and potential Las Vegas stadium partner Sheldon Adelson, has published a profile (puff piece) about Davis that doesn’t even mention the effort in Oakland to persuade Davis to stay, or his reaction to it.
The Raiders did not respond to a request for comment on the Oakland proposal submitted early Saturday by PFT.
There’s still no reason to believe Davis will change his mind about moving, and it could be that he has opted to say nothing for now, allowing his partners come to the conclusion that the proposal isn’t as attractive as the Las Vegas plan, which carries with it $750 million in taxpayer money. The Oakland effort would result in a $1.3 billion, 55,000-seat venue, with the city putting up $200 million for infrastructure and site preparation via bond sales (not taxes) and donating $150 million in land. The group led by Hall of Fame safety Ronnie Lott would contribute $400 million toward the construction of the stadium.
The proposal goes nowhere if Davis wants nothing to do with it. For now, there’s no reason to think he has changed his mind.