The Raiders will officially become the Las Vegas Raiders in March. But they are already in the process of making that move from Oakland.
There’s also tremendous news on this front. Personal seat licenses (PSLs) for Allegiant Stadium are already sold out.
“Raiders President Marc Badain said Wednesday PSLs for the 65,000-seat, $2 billion stadium are sold out,” the Las Vegas Review-Journal noted. “The robust PSL sales have seen the budget increase by $228 million over original estimates, from $250 million to $478 million, according to the latest financial report provided by the Las Vegas Stadium Authority.”
Prices for the PSLs ranged from $500 to $75,000 for the 65,000 seat stadium. Allegiant Stadium is expected to cost $1.84 billion.
Given how the Raiders had a hard time selling out in Northern California, this is no small thing.
Las Vegas has already endeared itself to the NFL franchise, and that’s only going to see an uptick once the Raiders move to the desert metropolis and the city hosts the 2020 NFL Draft.