Jason Cole: NFL Owners Not Optimistic About Oakland Stadium Plan


Jason Cole of Bleacher Report sent out a series of tweets regarding the Oakland Raiders and their pursuit of a new stadium in Las Vegas.
In a series of tweets relating to the Oakland Raiders and their current stadium debacle, Jason Cole of Bleacher Report provided detailed updates on both Las Vegas and Oakland.
Here are his 8 tweets, in chronological order:
1/5 on #Raiders relocation: Raiders made 2 proposals to owners on NFL Finance and Stadium Committees on Wednesday according to 3 sources
— Jason Cole (@JasonColeBR) December 2, 2016
2/5. First concept included #Raiders partnering with Sheldon Adelson/Sands Corp on development of new stadium in Las Vegas.
— Jason Cole (@JasonColeBR) December 2, 2016
3/5 Second proposal from #Raiders featured team going alone in LV WITHOUT Adelson/Sands. Goldman Sachs reps told other owners it could work
— Jason Cole (@JasonColeBR) December 2, 2016
4/5 Second proposal was troubling to some owners. Concern about #Raiders ability to do that, even tho marketing studies for LV were positive
— Jason Cole (@JasonColeBR) December 2, 2016
5/5 But there is clear indication of problems between #Raiders & Adelson about how deal will be structured in LV. Other owners have concerns
— Jason Cole (@JasonColeBR) December 2, 2016
More on #Raiders relocation: That said, there was no discussion of news from Oakland on Wednesday, owners not optimistic about city's plan
— Jason Cole (@JasonColeBR) December 2, 2016
More on relo: But idea of #Raiders trying to break from Adelson/Sands at this point could be problematic because of Adelson's power/respect
— Jason Cole (@JasonColeBR) December 2, 2016
That’s quite the series of tweets. Let’s sort through it.
The first five tweets are about Mark Davis’ pursuit of the Las Vegas project, and the growing riff between Davis and Sheldon Adelson. Davis made two proposals to the NFL’s Finance and Stadium committee, one of which was a plan to move forward in Las Vegas, but without the help of Adelson.
The Owners, according to Cole, expressed concern about Davis’ ability to get something done in Las Vegas without the help of Adelson.
To provide some context, Adelson made a public statement roughly one month ago that was essentially “take it or leave it” to Mark Davis, saying that the Raiders are asking for too much. The safe assumption is Adelson wants to own part of the team, and Davis doesn’t want that to happen.
But Cole also went on to say that NFL Owners aren’t optimistic about the city of Oakland getting anything done, either. Even in light of the Ronnie Lott group trying to help get an 11th hour deal done.
So in summary, both plans suck. Las Vegas isn’t likely to happen without Adelson, and there are plenty of Owners who have concerns about Vegas, with or without Adelson.
And the city of Oakland has done very little to this point, and NFL Owners aren’t all that optimistic about this latest proposal.
This means we get to talk more about this for who knows how long. Yay.
http://justblogbaby.com/2016/12/02/does-gronks-injury-clear-way-for-raiders-to-be-no-1-seed/
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