Lack of lease could delay opening of Raiders’ new stadium to 2021

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The Raiders have the funding in place for a new stadium in a new state, along with permission to move there. They don’t have a lease, however, and that could delay everything by a year.

As explained by the Las Vegas Sun, if a lease isn’t ready for approval by owners at their upcoming meeting on May 22-23, the stadium may not be completed by 2021.

“If you miss the May deadline and push to October, we would lose a year,” Raiders President Marc Badain said Thursday, via the Sun. “Everybody wants to get this project going. Everybody wants to get these guys to work, so we want to respect that.”

The NFL’s owners must approve the lease before the project can proceed, and they won’t meet again until October. If the lease isn’t approved until October, the Raiders may end up having two limbo seasons beyond the expiration of their rental rights in Oakland following the 2018 season.

16 responses to “Lack of lease could delay opening of Raiders’ new stadium to 2021

  1. Uhhh…it’s 2017. You’re telling me the owners can’t get together on a web conference to discuss the lease? Between May and October there’s no way to communicate?

  2. The Phantom Stranger says:
    May 12, 2017 4:47 PM

    Uhhh…it’s 2017. You’re telling me the owners can’t get together on a web conference to discuss the lease? Between May and October there’s no way to communicate?

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    The poor owners need that time to figure out how to milk every single nickle out of the project that way they have enough money to feed their families.

  3. Shocking! The Raiders are still dealing with the financial impact of paying their minimum wage cheer leaders. Financially, this is a goat ranch organization. Beg much?

  4. Landlords are scum. Just go month-to-month like people do with apartments.
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    Spoken like a true costumed Goon Nation Member. Kid, you are an idiot. Give the checkbook to your wife.

  5. The Phantom Stranger says:
    May 12, 2017 4:47 PM
    Uhhh…it’s 2017. You’re telling me the owners can’t get together on a web conference to discuss the lease? Between May and October there’s no way to communicate?

    The owners probably still send Telegrams to each other… had me cracking up when I read your comment. Mostly because I work with people with old school methods

  6. the only place that makes sense is Steve Wynn’s golf course. You have the monorail,and plenty of parking at the convention center.

  7. fakebookfreddy says:
    May 12, 2017 5:13 PM
    Landlords are scum. Just go month-to-month like people do with apartments.
    _________________________________
    Spoken like a true costumed Goon Nation Member. Kid, you are an idiot. Give the checkbook to your wife.
    ==========================

    What makes you think his sister is any smarter?

  8. raidercode says:
    May 12, 2017 4:31 PM
    Good, they can stay in Oakland till 2021 …

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    I know they have an exciting team at the moment but are fans going to support them? It is like a girl that dumped you but won’t leave your house because her new guy is homeless. I don’t care how hot she is, you kick her to the curb. Let the Raiders get used to playing in front of opposing teams fans. Not going to cultivate a home fan base in Vegas.

  9. They may have to play their home games in the San Jose Earthquakes soccer stadium for a few years while waiting for their stadium construction to be completed.

  10. Oakland City officials should demand that the Raiders sign a lease that is 10 years or longer when their current lease expires, or else they will have to leave the Coliseum right away. No short term leases.

  11. Knowing the Raiders and their inept business acumen and constant lack of financial liquidity, what is the over and under this new stadium never gets built?

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