Mark Davis, Sheldon Adelson having a hard time striking a deal

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Raiders owner Mark Davis still hasn’t dismissed the formal Oakland proposal aimed at keeping the team in town. Maybe that’s because Davis needs the proposal, as leverage at a minimum.

Per a source with knowledge of the situation, Davis and Sands casino owner Sheldon Adelson (pictured) continue to have a difficult time striking a deal for a stadium that would be built with $750 million in taxpayer money and, beyond that, a collaboration between and among Adelson, Davis, and the NFL. The past two weeks have been particularly difficult for Davis and Adelson, according to the source.

It’s still believed that a deal will be struck, but it won’t happen because Adelson suddenly has gone soft. He has a long reputation of driving hard bargains, and he is still expected to push for partial ownership of the team and a path to control of the franchise, among other terms favorable to his interests.

News of the lingering difficulties puts the recent profile/puff piece penned by the Adelson-owned Las Vegas Review-Journal in a different light. The glowing article on Davis could be viewed as an olive branch on one hand, and/or an effort to pressure him to finalize a deal he already has promised to do.

“One thing about Mark Davis, he’s an honest guy and he believes in trustworthiness,” former Raiders receiver Cliff Branch says in the story. “When he gives his word about something, he’s totally committed.”

Coincidentally (or not) that quote provided the basis for a Monday morning tweet from the Review-Journal promoting the profile.

Meanwhile, NFL owners meet in two days, and the future location of the Raiders (while not officially up for vote) will surely be a focal point of the conversations.

43 responses to “Mark Davis, Sheldon Adelson having a hard time striking a deal

  1. Oakland doesnt want the Raiders
    Las Vegas doesnt either unless its a sweetheart deal.
    Who cares where the Raiders end up, they will always be 3rd or 4th in the AFC West.
    The AFC West belongs to the Kansas City Chiefs for at least the next dozen years.
    The Raiders bring the value of every other franchise down. Their fans are the worst in the league.

    Please move the Raiders to the NFC West, and bring Seattle back to the AFC west where it began.

    Seattle and KC are the classiest in the league anyway, with the loudest 2 stadiums, and the top 2 fan bases

  2. “One thing about Mark Davis, he’s an honest guy and he believes in trustworthiness. When he gives his word about something, he’s totally committed.”

    Something no one has ever said about Adelson

  3. If I’m Mark Davis, I wouldn’t do business with Sheldon Adelson. You don’t become as sucessful as Adelson is in a town like Vegas without leaving a trail of bodies behind you.

  4. About the only certain thing that can be said about those two guys, is that combined, they’d surely have the worst hair in the NFL.

  5. knowitall says:
    Dec 12, 2016 11:44 AM

    Please move the Raiders to the NFC West, and bring Seattle back to the AFC west where it began.

    ————————————————————-
    Ummm, go look at the 1976 standings, the Seahawks actually began in the NFC West.

  6. Go ahead Mark, move to Las Vegas! Give up your team to be a tenant in a new stadium that you will share with the Casinos and college.
    Or, you could try to keep your team and work with Oakland. Or move to Los Angeles, keep your team and share a new stadium with the Rams.
    Looks like you will lose your team if you go to Vegas. Just like everyone else who goes to Vegas, you lose!

  7. I’ve seen Casino, I know what happens when you think you can take on the house. Mark needs to get out of that potential mess before he finds himself out in the desert.

  8. yourunclerico says:
    Dec 12, 2016 11:52 AM
    Forget the raiders. let them stay in the ghetto
    Go after the Bolts! Vegas is the perfect city for them!
    ******************************************
    That’s hilarious!

    A team with no fanbase at all, a team nobody wants that’s never won a thing, is perfect for Vegas.

    The bell went off, time to go to class.

    SMH.

  9. I don’t think this Vegas deal happens. Adelson is more shady than NFL owners are comfortable with and Las Vegas is a tiny, tiny market. Relying on tourists to fill your stadium every week is a sketchy proposition at best. My guess is they find someway to remain in the Bay Area

  10. Iknowitall says:
    Dec 12, 2016 11:44 AM

    Who really cares what Iknowitall says? Go away troll.

    The only reason the Davis family sells is because Carol, who I believe is now the true General Partner (via A.D. Football Inc.), dies and death taxes need to be paid. The only asset the family has is the team and when she passes, mucho cash needs to be paid.

  11. ab420420 says:
    Dec 12, 2016 11:52 AM

    Why is Adelson negotiating a deal to benefit himself on behalf of taxpayers that will be funding it?
    __________________________________

    Because Adelson will be putting in $650M-ish of his own funds into the deal.

  12. I am sure they will strike a deal. Davis gets revenue from Raider games, Adelson get non-Raider revenue. If Taylor Swift plays at the new Vegas stadium, Adleson would get the revenue. With being handed $750 million in public funds, I’m sure they can figure it out.

  13. Keep the team in Oakland Mark, your Dad would slap you silly for dealing with Adelson. I pay my respects to him every time I’m in town, my Stepdaughter’s interned 10 feet away.

  14. ‘It’s still believed that a deal will be struck, but it won’t happen because Adelson suddenly has gone soft. He has a long reputation of driving hard bargains, and he is still expected to push for partial ownership of the team and a path to control of the franchise, among other terms favorable to his interests.”

    Son-of-Al is a naive moron probably because he has no experience in the real working world. He expected to be “given” a stadium with no strings attached and it just doesn’t work that way. .

    He’d have been wise to take Floyd Kephart’s financing offer of a few years ago where the percentage of the Raiders sold would’ve been 20% and there were no demands by Kephart for controlling ownership. At this stage, dealing with Ronnie Lott’s group is a lot better option than with a proven sleaze like Adelson. It makes me ill thinking that Adelson could have any measure of control over the Raiders. And if Son-of-Al doesn’t want to give up any portion of the Raiders, there’s always the option of sharing Levi’s.

  15. Freaking Hilarious! Newbie Nation believes: 1) that the NFL will approve the move to Vegas and have the Raiders partially owned/controlled by the casino magnates; and 2) that Adelson will bankroll the deal for a free skybox and parking. Wake up my naive children. Vegas aint happening!! LOL!

  16. Mark is no business man, he’s a passionate owner. Stay away from Adelson if you want to keep the Raiders.

    Much better to deal with Peter L. Briger, Jr. (Chairman of Fortress). Briger has connections in the Bay Area with his charitable work for Tipping Point, along with Lott.

    Either way, Davis will need to give up some sort of ownership, he needs to choose wisely.

  17. squidlips82 says:
    Dec 12, 2016 12:48 PM
    Raiders should move to Minnesota…. they don’t have a team. LOL
    =========================================

    You won the internet with that one. I just keep laughing and laughing and wondering what you will come up with next. Don’t forget the LOL after your posts, so we’ll know when to laugh.

  18. ….Al has a great opportunity to create a stadium that serves not just the Oakland area but the San Francisco area. Get creative, downsize it litte and make it a statum of the future……What a great way to remeber your dad….Al Davis Thunderdome ….

  19. Iknowitall ,

    Bush tax cuts eliminated most of the estate taxes. Adelson is a scumbag. Nix this deal because I actually like the Raiders and would make it a special priority to root against them if that creep found a way to own them. It would be a slap in the face of its patriarch if he could get his hands on the franchise.

  20. Adelsons Vegas holdings are small potatoes compared to his holdings around the World. When he was asked here in Vegas if he wanted to make money off the Stadium deal he said no, he told the reporter he makes more in a day than the stadium would make in a year. Lets not forget you have Steve Wynn, the CEO of MGM, Governor of Nevada, X Speaker of the U.S.Senate, Mayor of Vegas all behind the Vegas deal. Last the deal is much more than the 750 million always being wrote about, add the 650 million from Adelson and the free money to NFL is closer to 1.4 Billion. Talk here in Vegas it is a done deal.

  21. 1. How much more would the Raiders earn in a new stadium, with more luxury boxes?

    2. How much would the team have to spend – the PSL costs (recovered money)?

    3. Add in the relocation fee to the NFL ($600 million?)

    How do the numbers work out?

  22. Adelsons Vegas holdings are small potatoes compared to his holdings around the World. When he was asked here in Vegas if he wanted to make money off the Stadium deal he said no, he told the reporter he makes more in a day than the stadium would make in a year. Lets not forget you have Steve Wynn, the CEO of MGM, Governor of Nevada, X Speaker of the U.S.Senate, Mayor of Vegas all behind the Vegas deal. Last the deal is much more than the 750 million always being wrote about, add the 650 million from Adelson and the free money to NFL is closer to 1.4 Billion. Talk here in Vegas it is a done deal.
    ——————————————————————–
    I buy that. The money an NFL team in Vegas would bring to that town would be crazy and the home field advantage for the team would be gone. It would be a great place to see your team play the Raiders though.

  23. Insane that taxpayer money is used for any of these stadiums.

    The time are changing with the recent Election: Stand up to your corrupt politicians and tell them no more crony capitalist deals that take from the many to give to the few!

  24. araidersfan says:
    Dec 12, 2016 12:15 PM

    And if Son-of-Al doesn’t want to give up any portion of the Raiders, there’s always the option of sharing Levi’s.

    —————————

    Levi looked pathetic this weekend.

    So, what would it cost to paint every seat either Silver or Black?

    68,500 capacity X $5.00 per seat = $34,250.00

    Seriously, it takes MetLife 12hrs to transform, from endzone logos, lighting, tee-shirts, banners, artwork ..etc.

    I realize that it’s not ideal, both the smart business move. It also buys Davis some time to get that Oakland deal done right.

  25. I see SD getting money from the NFL to build a stadium. Raiders go to LA . Im having a hard time believing the NFL wants anything to do with this guy although he would fit right in. If Chargers go to LA and Davis cant work this out in LV ? What happens to the Raiders ? They continue to play in Oakland or does the NFL build a stadium for him ? This would all be worked out if Carson was picked instead of Inglewood.

  26. wow, what an embarrassment to Governor Sandoval, and the entire State of Nevada…is Sheldon really this big of a scumbag….The Governor should call James Murren (CEO MGM Resorts) today, and put him in touch with Mark Davis…..at the end of the day does the State of NV , really need Sheldon, and his slime ball antics?

  27. intrafinesse says:
    Dec 12, 2016 2:02 PM

    1. How much more would the Raiders earn in a new stadium, with more luxury boxes?

    2. How much would the team have to spend – the PSL costs (recovered money)?

    3. Add in the relocation fee to the NFL ($600 million?)

    How do the numbers work out?
    ________________________________

    Highly unlikely the relo fee is that high. It was $500M to move the Rams to LA, which is a much more profitable market than Vegas for the other owners. The relo fee is a way for the other owners to be made whole on their share of lost TV revenue. Given the relatively small size of the Vegas market and large size of the bay area market, the NFL should pay him to relocate as the bay area would no longer be tied to Raider games and they could show 4 games on weekends when the niners are out of town.

  28. stlouisfan says:
    Dec 12, 2016 3:01 PM
    I see SD getting money from the NFL to build a stadium. Raiders go to LA . Im having a hard time believing the NFL wants anything to do with this guy although he would fit right in. If Chargers go to LA and Davis cant work this out in LV ? What happens to the Raiders ? They continue to play in Oakland or does the NFL build a stadium for him ? This would all be worked out if Carson was picked instead of Inglewood.

    —————————————————-

    If the NFL is going to directly develop a stadium, it would make more sense to do it in Oakland. The Bay Area is a much more attractive market than SD from an economic/return perspective. Also, it’s highly unlikely the league wants 3 teams in SoCal area. Getting public funding for pro sport stadiums is nearly impossible in CA. But private funding are possible in markets like LA and the Bay Area due to their sheer size and economics.

  29. LV provides publicly funded new stadium but does not provide retention of ownership. oakland does not provide publicly funded new stadium but does provide retention of ownership.

    davis, as he should, wants both. can anyone say…

    san antonio ??

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