Thread: Chiefs It's going to be kind of shitty when the Raiders have a better stadium than us
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Old 08-26-2016, 01:26 PM   #11
the Talking Can the Talking Can is offline
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Quote:
Originally Posted by DaneMcCloud View Post
It's a publicly funded stadium and will be publicly owned, not privately owned.

The $750 million will come from hotel taxation. Mark Davis is chipping in $500 million, the NFL $300 million and the rest from the group of investors, who will also be responsible for any construction overruns.

Vegas was awarded an NHL franchise and if they build this stadium for the Raiders, the NBA won't be far behind.
Quote:
“Not to be difficult, but we’re not negotiable,” said Sands President Rob Goldstein, who spoke on behalf of billionaire casino mogul Sheldon Adelson and his family. “If we can’t get 750, we respectfully thank you but we’re going to move on.”
being publicly owned doesn't matter, it just means the public is left holding the bag while the terms ensure the investors get rich

Sheldon Anderson can afford to build his own stadium


http://deadspin.com/raiders-stadium-...-mi-1785792123
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