Nevada Senate approves Raiders' $1.9 billion Las Vegas stadium deal
The Nevada Senate approved the Las Vegas stadium deal by a vote of 16-5 on Tuesday, taking another step toward luring the Raiders out of Oakland.
The next step for the proposed stadium to become a reality is for the State General Assembly, which reconvenes Thursday, to pass the measure. The $1.9 billion stadium project hinges on the approval of public funding. A two-thirds vote is needed in the General Assembly to push the project forward.
"If the NFL and the Raiders come because we build the stadium, and we won't build the stadium unless they're coming, for the first time in modern history the National Football League has signaled a willingness to allow the team to transfer," Steve Wynn, CEO of Wynn Resorts, told the Las Vegas Review Journal on Monday.
If the stadium measure passes, the league would have to approve the Raiders' move to Las Vegas. Three-quarters of NFL owners would need to give their blessing before the move can become official.