Oakland Raiders Will Sign Two Non-Relocation Agreements For Las Vegas NFL Stadium

July 25, 2017 by Zennie Abraham

Oakland Raiders Will Sign Two Non-Relocation Agreements For Las Vegas NFL Stadium

Oakland Raiders Will Sign Two Non-Relocation Agreements For Las Vegas NFL Stadium

According to a well-placed source, the Oakland Raiders will sign not one but two non-Relocation agreements related to the planned NFL Las Vegas Stadium: one for the Las Vegas Stadium Authority and the other for Bank Of America. This is important because without the agreements getting a loan from Bank Of America for a 30-year term would be impossible. It would also make the interest rate for the Stadium Construction Bonds higher than previously anticipated, making the debt service load greater than the revenue stream from the hotel tax could sustain under certain circumstances.

Stay tuned.

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Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.

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