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Tribune News Service
Tribune News Service
Sport
Jerry McDonald

Raiders appear on track for Las Vegas vote in late March

The Raiders appear to be on track for a vote later this month on their proposed relocation to Las Vegas.

Following a presentation by the club detailing the finances of a move, multiple outlets reported Tuesday the NFL's joint stadium and finance committees were likely to recommend a vote on the move to the league's ownership.

While the committees stopped short of advocating voting in favor of a move, the Washington Post reported such a recommendation could be made before the matter is put in the hands of the full ownership body.

The Raiders would need 24 of 32 owners to approve a move, with the vote likely coming at the NFL's owner's meeting in Phoenix on March 26-29.

Issues to be finalized before that time include a temporary stadium in 2019, lease negotiations and a relocation fee. According to USA Today Sports, the league will still consider new information from Oakland mayor Libby Schaaf, who presented her plan Monday.

NFL executive vice president Eric Grubman, however, said in an email that Oakland was still without a "clear, actionable plan" in part because there was no information on the presence of the A's, with whom the Raiders share the Coliseum.

The Raiders have two years remaining on their current lease in the Coliseum and are likely to play out those seasons in Oakland if a stadium is being built in Las Vegas.

Grubman said the Raiders and Bank of America had "presented a traditional structure for the full amount of financing" that needed to be addressed after casino magnate Sheldon Adelson and Goldman Sachs withdrew their support in January.

The pull outs left the Raiders $650 million short of being able to complete a deal that comes with $750 million in public money through a hotel tax.

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