PFT - After having a pair of potential financing partners for the Raiders’ proposed Las Vegas stadium bow out, the Raiders have lined up Bank of America to provide the remaining capital, according to Vincent Bonsignore of the Los Angeles Daily News.
Previously, Sands casino owner Sheldon Adelson and investment firm Goldman Sachs had been separately lined up to kick in the $650 million needed to bridge the gap between the NFL/team contribution ($500 million) and the available taxpayer money ($750 million).
It's hard to get excited about any recent Oakland Raiders relocation story simply because of the fact that there have been so many in recent times, but this one seems like it's going to be enough to get the Raiders to Las Vegas.
Funding suddenly became a problem when Sheldon Adelson backed out, but with BOFA in place, this could be the beginning of a move out of Oakland.