Top Menu

Raiders, UNLV Making Progress on Las Vegas Stadium Agreement

Las Vegas Stadium rendering

A key component of the new Las Vegas stadium appears closer to be resolved, as the Oakland Raiders and UNLV have reportedly made significant progress on their joint-use agreement. 

Estimated for a 2020 opening, the new Las Vegas stadium is slated to be the home of the Raiders and UNLV football. In order for UNLV to have specific language over its use of the stadium, however, it must come to terms with the Raiders on a joint-use agreement.

The agreement will outline, among other issues, UNLV’s access to the facility, event scheduling, and certain revenue splits. Both sides have been working to complete the final deal, and it appears that they are now closer to achieving that objective. At this point, it is anticipated that the Nevada Board of Regents will be presented with a tentative agreement on January 4, potentially setting up final approval later in January. More from The Las Vegas Review-Journal:

“We had a very successful meeting with (representatives of) the Stadium Authority board and the Raiders, and feel we have come to agreement on all the major issues and we feel we’re at the point that we can take a draft agreement to the Board of Regents for their consideration,” [Nevada System of Higher Education Chancellor Thom] Reilly said on the Joint-use Agreement. “We went through every major open issue.”

Reilly said the only outstanding concern is a minor technical issue involving what system will be used to sell game tickets.

He did not detail how the many issues were resolved, but he added that he’s comfortable enough with the outcome to take the package to the regents.

A draft of the agreement will be made public when the regents see it initially in a special board meeting on Jan. 4. That will give the regents the opportunity to review the document in detail before it is brought to a vote at a Jan. 19 meeting along with with a scheduled strategic planning workshop.

It has been expected that the new stadium will allow UNLV football to replace Sam Boyd Stadium as its home.

Rendering courtesy MANICA Architecture. 

RELATED STORIES: Rep. Pushes for Tax-Exempt Bonds for Las Vegas StadiumOakland Raiders Increasing Las Vegas PresenceRaiders Break Ground on New Las Vegas StadiumLas Vegas Stadium Authority to Meet on ThursdayNew Las Vegas Stadium Could Be Affected by Tax Reform BillLas Vegas Stadium Groundbreaking Slated for NovemberFAA, Clark County Allow Oakland Raiders’ Las Vegas Stadium Construction to Move ForwardReview Could Delay Raiders’ Las Vegas Stadium ConstructionLas Vegas Stadium Financing Details to be Discussed on ThursdayUNLV Hires Law Firm as Negotiations with Raiders ContinueProposal: Raiders Could Use UNLV Land for ParkingFirm Cost of Las Vegas Stadium Remains UncertainRaiders, UNLV Discussing Agreement for Las Vegas StadiumStudy: Las Vegas Stadium Falls Short on Parking RequirementNFL Signs Off on Raiders’ Las Vegas Stadium LeaseRaiders Wrap up Lease Discussions with Stadium AuthorityTimeline: Work on Raiders Las Vegas Stadium to Finish in 2020Oakland Raiders Close Purchase of Las Vegas Stadium SiteOakland Raiders’ Lease in Las Vegas a Work in ProgressRaiders’ Las Vegas Stadium Still Slated for 2020 OpeningTax Hike for Raiders Las Vegas Stadium Closes First MonthColiseum Lease Under Review; Raiders Seek Stadium SiteNFL Approves Oakland Raiders Move to Las Vegas

, , , ,

August Publications