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January 4, 2018

Raiders headquarters land deal offered by city near Vegas

HENDERSON, Nev. (AP) — The Oakland Raiders came one step closer Wednesday to securing the land the team needs for its new headquarters and practice facility near Las Vegas, and at a steep discount.

Officials in suburban Henderson approved a resolution that allows the city to move forward with a direct sale of 55 acres (22 hectares) to the Raiders for more than $6 million — half the land's appraised value. The city is using a Nevada law that allows for no-bid sales at under-market prices when they are considered to be in the public interest.


 
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