Raiders’ new Las Vegas stadium will officially be called ‘Allegiant Stadium’

Kirby Lee-USA TODAY Sports

The Oakland Raiders will spend one more year in Northern California before making their way to the desert, where a brand new stadium awaits their arrival. On Monday, news broke that the shiny new digs has an official name.

According to the Las Vegas Review-Journal, the venue will be called “Allegiant Stadium.”

The name was made public in a ceremony Monday.

“Representatives of Las Vegas-based Allegiant Travel Co., parent company to Allegiant Air, were among the dignitaries signing the beam in a brief topping-out ceremony marking completion of the highest point of the $1.9 billion, 65,000-seat indoor stadium that will be the home of the Las Vegas Raiders in less than a year.”

Allegiant Travel Co. is said to be paying between $20-25 million per year to have its name on the stadium, per the report.

With Monday’s ceremony, Allegiant Stadium is that much closer to being a completed project. In addition to the Raiders playing under its roof next season, the NFL is holding the 2020 NFL Draft at Allegiant Stadium, and it’s expected that the venue will be host to some a major college bowl games in the near future.