Latest On Potential Cities For Raiders

Contrary to a report that the Raiders’ hopes of relocating to Las Vegas are “all but dead,” multiple sources have told Vincent Bonsignore of the Los Angeles Daily News that the plan is “absolutely salvageable.” Bosnignore adds that Las Vegas-based businessman Sheldon Adelson, who on Monday backed out of putting $650MM toward a new stadium for the Raiders, will attend the Super Bowl in Houston on Sunday. There’s no word as to whether he’ll meet with Raiders owner Mark Davis and restart negotiations, however (Twitter link).

Raiders Fan/Vegas

The loss of potential financial support from both Adelson and Goldman Sachs has led to optimism that the Raiders could end up staying in Oakland, but Davis still doesn’t seem eager to keep the franchise there. In fact, the Raiders haven’t even contacted Oakland officials since Adelson bailed, according to Jason Cole of Bleacher Report (video link). Three sources indicated to Cole that the Vegas dream is indeed “dead,” though, which conflicts with what Bonsignore has heard. If it is off the table and the Raiders aren’t open to remaining in Oakland, Cole names San Antonio – a city with which the Raiders have had past flirtations – as a possible destination.

Having lost the Chargers to LA last month, the city of San Diego has also come up as a suitor for the Raiders. Mayor Kevin Faulconer has already contacted the league to let it know of San Diego’s interest, and Don Banks of SI.com and NFL.com reports that the Raiders could head there and play in the Chargers’ longtime home, Qualcomm Stadium.

While the Chargers were unwilling to continue in the 50-year-old facility, the notion of it undergoing a significant facelift and then housing the Raiders “will gain support in league circles,” writes Banks. Should that come to fruition, the NFL would regain the San Diego market, which it didn’t want to lose in the first place; further, the Raiders would land a stadium upgrade over the Oakland Coliseum, notes Banks, who adds that the league wouldn’t be opposed to having three Southern California-based franchises.

Photo courtesy of USA Today Sports Images.

Raiders Move To Las Vegas “All But Dead”?

First casino magnate Sheldon Adelson dropped out of the Raiders’ Las Vegas stadium plan, then investment firm Goldman Sachs bailed. Now, the proposed move to Vegas is “all but dead,” Daniel Kaplan of Sports Business Journal (on Twitter) hears. Raiders Fan/Vegas

This week’s events took both the Raiders and the NFL by surprise. Despite some public bickering, the Raiders were hoping that they could take their deal with Adelson to the finish line. But, if that failed, they were under the impression that Goldman Sachs would help finance the stadium instead and that’s what they told the league just a couple of weeks ago. Now, it seems that the two parties are a package deal. Adelson and the firm have a long business history together and it appears that they will stand shoulder-to-shoulder with the Sands billionaire.

If the Vegas move is truly dead, this could theoretically help the team stay in Oakland. So far, owner Mark Davis hasn’t been keen on the proposal put forth by Ronnie Lott’s group, but he might not have a ton of options at this juncture. The Lott deal would call for Oakland to contribute 130 acres of land and absorb all related taxes. Meanwhile, the NFL would chip in $300MM with $300-$400MM from Lott’s Fortress Group. The Fortress Group could be looking for a piece of the team as a part of the transaction, but Jason La Canfora of CBS Sports hears there could be other ways to make it all work.

Meanwhile, in Houston on Wednesday, Goodell told reporters that the league still “hasn’t made a determination yet about Las Vegas as an NFL market.” The league, he adds, continues to review the Raiders’ application.

Raiders Work Out LB Justin Tuggle

  • Free agent linebacker Justin Tuggle worked out for the Raiders, tweets Aaron Wilson of the Houston Chronicle. The son of longtime NFL linebacker Jessie Tuggle spent 2013-15 in Houston, where he appeared in 42 games and started 11, but didn’t play this season after he was unable to survive the Browns’ final cuts in early September.

Latest On Raiders’ Future: Vegas, Oakland, SD

After casino magnate Sheldon Adelson scrapped his plan to commit $650MM toward a $1.9 billion stadium in Las Vegas for the Raiders on Monday, there was a report that Goldman Sachs might also bail because of its relationship with Adelson. It turns out that will be the case. The investment firm will not help the Raiders finance a stadium without the 83-year-old Adelson’s involvement, a source told Nathan Fenno of the Los Angeles Times (Twitter link).

Mark Davis

Goldman Sachs was supposed to be the Raiders’ fallback option in the event of Adelson’s withdrawal. Not having either could be a death blow to the franchise’s hopes of relocating to Las Vegas. With neither around to aid the Raiders, staying in Oakland for the long haul could become a more realistic scenario than it was was previously.

Raiders owner Mark Davis hasn’t been amenable to the joint stadium proposal that the city of Oakland and the Ronnie Lott-fronted Fortress Group have put forth, but the deal isn’t without merit, as CBS Sports’ Jason La Canfora writes. The city would set aside 130 acres of land for a stadium and handle all the taxes associated with it, per La Canfora, who adds that the NFL would chip in $300MM. Another $300MM to $400MM would come from Fortress (plus whatever else is necessary to complete construction) toward a stadium to replace the outdated Oakland Coliseum. Fortress would also perhaps want an ownership stake in the Raiders – something Davis is not open to giving out – but there could be other ways for him to “make them whole,” according to La Canfora.

Lott’s group issued a hopeful statement Tuesday in the wake of the Adelson news, saying (via Mike Florio of Pro Football Talk): “We stand ready to work with the team and NFL to keep the Raiders here at home. We have the land available at the existing Coliseum site following the actions of the City of Oakland and Alameda County last December. We have a strong financing partner in Fortress Investment Group. We have an additional $100 million due to the NFL incentive to keep the Raiders in Oakland. And of course, we have the best fans in the world right here in the heart of Raider Nation. Add to all that a diverse and fast growing community, a top 10 television market, and more Fortune 500 companies than any region in the western United States. Bottom line, if the Raiders want to stay in Oakland, we are more than ready to be a partner in making that happen.”

If Davis can’t make things work in either Vegas or Oakland, the suddenly Chargers-less city of San Diego could quickly regain entry into the league. Mayor Kevin Faulconer reached out to the NFL on Tuesday to let the league know it’s interested in the Oakland franchise, while another San Diego official at least made an attempt to contact the Raiders, but it’s unknown if the two sides spoke, reports Kevin Acee of the San Diego Union-Tribune.

San Diego’s plan to erect a stadium for a Major League Soccer franchise could help its cause in landing the Raiders, relays Acee, who notes that the proposal “sets aside a 16-acre parcel specifically for an NFL stadium” to replace Qualcomm Stadium. Further, Davis “loves” the city and might be more flexible in negotiations to build a facility there than Chargers owner Dean Spanos was. It’s also worth noting that the league didn’t want to lose the San Diego market, as the Chargers’ relocation left commissioner Roger Goodell “disappointed” and owners “very upset.” Those same parties haven’t been overly enthusiastic regarding the prospect of the Raiders playing in Las Vegas, the gambling capital of the United States.

Goldman Sachs May Bail On Raiders

On Monday, casino magnate Sheldon Adelson announced he will no longer contribute $650MM to the Raiders’ proposed $1.9 billion stadium in Las Vegas. Soon after, the Raiders issued a press release declaring that Adelson’s withdrawal would not affect their proposed move. Without Sands Corp., the Raiders were banking on the financial help of Goldman Sachs to get the stadium built, but the investment banking company is now having second thoughts about its involvement, according to a source who spoke with Ramona Shelburne of ESPN.comLas Vegas Raiders (vertical)

Adelson “has a longstanding business relationship with Goldman Sachs,” as Shelburne notes, but it’s not immediately clear whether that is playing a role in the firm’s trepidation. Without a significant outside contribution, it’s hard to see the Raiders getting a state of the art stadium built in the desert, and that could prevent them from making their long-rumored move. It is rumored that the Raiders are eyeing a domed facility near the Las Vegas strip that would seat 65,000 fans.

This is just my speculation, but Goldman Sachs may be exercising caution with regards to lending deals in the sports world after the Fed criticized its arrangement to help facilitate the $4 billion purchase of the UFC. According to Bloomberg, sources allege the UFC’s cash flow projections were doubled in order to make the company appear more creditworthy than it truly was. Following a stern warning from Federal Reserve bank supervisors, Goldman Sachs could be feeling the heat from the increased scrutiny. With the watchful eye of regulators, the firm will only want in on the deal if it can show profitability in a reasonable timeframe. Alternatively, this could be a power play from Goldman Sachs as the Raiders run out of financing options.

Raiders Issue Statement On Sheldon Adelson

Casino magnate Sheldon Adelson decided Monday to rescind his offer to help the relocation-minded Raiders pay for a stadium in Las Vegas, but that’s not going to faze the franchise. The Raiders issued a statement in response to Adelson’s choice to withdraw support, saying: “The Raiders deeply appreciate the efforts of the Adelson family to bring the Raiders to Las Vegas. We know this project could not have advanced to this point without them. The Raiders remain steadfast in honoring Mark Davis’ commitment to Governor Sandoval and the State of Nevada to pursue relocation to Las Vegas” (via Paul Gutierrez of ESPN.com).

Without Adelson, who had planned to give the Raiders $650MM toward a proposed $1.9 billion facility, the team plans to invest $1.15 billion and accept operating responsibilities, Sandoval’s office told the Associated Press (Twitter link via Vic Tafur of the San Francisco Chronicle). The Raiders could receive help from Goldman Sachs to make that happen.

Raiders Lose Sheldon Adelson’s Backing

If the Raiders are going to move to Las Vegas, they’ll have to do it without financial backing from local casino magnate Sheldon Adelson. The 83-year-old Las Vegas Sands Corp. Chairman and CEO announced Monday he’s not going to put $650MM toward a potential $1.9 billion Raiders stadium in Las Vegas.

Raiders Fan/Vegas

“It’s clear the Raiders have decided their path for moving to Las Vegas does not include the Adelson family,” Adelson stated (via Richard N. Velotta of the Las Vegas Review-Journal). “So, regrettably, we will no longer be involved in any facet of the stadium discussion.”

The final straw for Adelson came last Thursday, when the Raiders submitted a lease proposal that would see them pay $1 per year to play in the potential Vegas facility. That submission included no mention of Adelson, which he said “sent shock waves through our community.” Adelson is also “deeply disappointed for the disregard the Raiders showed our community partners, particularly UNLV, through the proposed agreement.”

Adelson’s decision to exit the Raiders’ stadium plan could be a death blow to the Mark Davis-owned franchise’s relocation hopes, according to the chairman of the Clark County (Nev.) Commission, Steve Sisolak.

“This is not a wrench in the wheel; the wheel fell off,” Sisolak told Riley Snyder of the Nevada Independent (Twitter link).

However, despite Sisolak’s pessimistic outlook, the Raiders have expressed confidence in the past about erecting the stadium without Adelson’s help. In fact, the team informed the NFL earlier this month that it would turn to Goldman Sachs for help if Adelson were to renege. Now that he has, the Raiders – who plan to combine with the league to commit $500MM to the stadium (with another $750MM coming in public money) – will have to seek the global investment company’s aid.

The league’s owners are scheduled to vote on the Raiders’ relocation plan in March. If 23 of Davis’ 31 colleagues approve, and if he finds a replacement for Adelson, the Raiders will head to Sin City in the near future.

Opinion: Raiders Should Extend Del Rio

Jack Del Rio has two years left on his original four-year contract, but it’s time for the Raiders to re-work his deal, Scott Bair of CSNBayArea.com opines. Currently the lowest-paid coach in the NFL, Del Rio guided the once-lowly Raiders to their first playoff appearance since 2002. And with GM Reggie McKenzie under contract through the 2021 season, it only makes sense for Del Rio to be locked up for the same period. Last week, we learned that the two sides are planning to discuss a new deal.

Goodell “Disappointed” In Chargers’ Move

The Chargers’ decision to leave their longtime home, San Diego, in favor of Los Angeles has drawn the ire of the NFL’s owners, many of whom are reportedly “very upset.” Commissioner Roger Goodell isn’t thrilled, either, as he told FOX Sports’ Colin Cowherd on Thursday that the league is “disappointed” in Chargers owner Dean Spanos’ choice to relocate. Goodell added that the league “did some unprecedented things to try to keep the Chargers in San Diego,” though he didn’t elaborate further (via Mike Florio of Pro Football Talk).

Roger Goodell

One option would have been for Rams owner Stan Kroenke to help pay for a stadium in San Diego, which would have enabled him to keep the Los Angeles market to himself, a league source told Florio. The Chargers still wouldn’t have gotten enough public money for a new facility to come to fruition, however, Florio notes.

On the other hand, Jason Cole of Bleacher Report disputes the idea of Kroenke’s involvement, tweeting that he never offered to help the Chargers remain in San Diego. Had he done so, Kroenke would have had to pay more for his Inglewood stadium, and he could have opened up the LA market to the Raiders – something he didn’t want to do (Twitter links).

Regardless of what went on behind the scenes, the LA situation is settled. The Raiders’ future isn’t, though the franchise did file its relocation papers last week to move from Oakland to Las Vegas. The Mark Davis-led organization remains hopeful about casino magnate Sheldon Adelson’s involvement in a potential stadium, per Cole, who adds that Adelson believes contributing $650MM toward the planned $1.9 billion facility “would aid his legacy.” If Adelson doesn’t end up in the mix, Goldman Sachs would likely pick up the slack, according to Cole. However, whether it’s Adelson or Goldman Sachs helping him, Davis will need 23 of the league’s other 31 owners to sign off on his relocation plan in March. That’s “hardly a formality,” Cole relays (all Twitter links).

On the possibility of placing a team in America’s gambling capital, Goodell told Cowherd (via PFT’s Michael David Smith): “We’ve seen the changes in the culture around the country in gambling. We’re obviously very sensitive to that, but we’re also going to evaluate the Raiders case on the relocation application in what’s in the overall best interests of the league. But one thing we can’t ever do is compromise on the game. That’s one of the things we’ll do is to make sure the policies we’ve created, if we did in any way approve the Raiders, I don’t see us compromising on any of the policies.”

Top 3 Offsesason Needs: Oakland Raiders

In advance of March 9, the start of free agency in the NFL, Pro Football Rumors will detail each team’s three most glaring roster issues. We’ll continue this year’s series with the Oakland Raiders, who ended a 13-season playoff drought by going 12-4 and advancing to the AFC bracket. A historically ill-timed injury to Derek Carr spoiled the Raiders’ realistic chances at making a postseason run, but the team is well-positioned to be a factor for years to come. Whether they’re going to be identified with Oakland or Las Vegas, the Raiders have the pieces to be considered one of the AFC favorites in 2017.

Depth Chart (via Roster Resource)

Pending Free Agents:

Top 10 Cap Hits for 2017:

  1. Kelechi Osemele, G: $13,200,000
  2. Sean Smith, CB: $9,500,000
  3. David Amerson, CB: $8,500,000
  4. Michael Crabtree, WR: $7,000,000
  5. Bruce Irvin, LB: $7,000,000
  6. Rodney Hudson, C: $6,850,000
  7. Austin Howard, T: $6,400,000
  8. Amari Cooper, WR: $6,180,151
  9. Donald Penn, T: $6,100,000
  10. Khalil Mack, LB/DE: $5,942,683

Other:

  • Projected cap space (via OverTheCap): $46,560,487
  • 24th pick in draft
  • Must exercise or decline fifth-year option for LB Khalil Mack

Three Needs:

1.) Address the defensive interior: Extensions for Derek Carr and, eventually, Khalil Mack will begin to affect the Raiders’ offseason spending after years of the team’s payroll being devoid of homegrown re-ups. But if they were going to make a big outside investment at a position this year, interior defensive line would be a key spot to target. Oakland actually entered training camp in fairly good shape here, but enduring the ignominy of finishing a season with a league-worst 25 sacks despite having a possible defensive player of the year leading that charge will force Reggie McKenzie into addressing this area. Mack and Bruce Irvin delivered 18 of those 25 sacks and give the Raiders their best set of bookend pass-rushers since Howie Long and Greg Townsend during their early Los Angeles days. But they don’t have a lot of help right now.

Mario Edwards remains an intriguing prospect, but this latest injury — a hip malady that sidelined him for 14 regular-season games after he was initially expected to be shelved for merely a few — showed durability will likely be an issue. He’s now missed 16 games in two years. The Raiders can’t count on him to be the top interior presence he was in 2015, when he graded out as a top-10 run-stopper among edge defenders (per Pro Football Focus). Edwards is the Raiders’ best holdover interior rusher and when available solves multiple problems for a defense that ranked 23rd against ground attacks, but Oakland needs help here.

Its investment in Jihad Ward did not reveal a piece ready to make an impact, with the raw second-rounder recording no sacks in 13 starts. PFF tabbed the Illinois product as its worst interior defender. Denico Autry profiles as a backup at best. Stacy McGee finished with 2.5 sacks to lead the uninspiring supporting cast, and he’s a UFA. Oakland uses both 4-3 and 3-4 looks, with new defensive assistant John Pagano likely to implement additional usage of the latter alignment, and has run-stopping DTs Dan Williams and Justin Ellis under contract for 2017. Neither is a high-end option, and Williams’ $4.5MM cap number can be shed entirely to gain more space if the Raiders so choose. But the team will need some incumbents to supplement whatever talent is acquired. However, as the only non-rookie-deal player in this mix, Williams looms as a release candidate.

An issue in upgrading on the D-line could be a lack of realistic options to make any kind of real impact on the UFA market. Kawann Short is unlikely to leave Carolina, and if Calais Campbell manages to make it to the market, he will be seeking a major payday. The 30-year-old dynamo would obviously be a fit, but given the current level at which he’s playing, Campbell could command $10MM per year or close to it on a medium-length deal. That would be a pursuit McKenzie would be wise to be involved in, but again, the Cardinals — who have spent to retain their homegrown defenders — would have to pass on him before the new league year commences. Nick Fairley capitalized on his prove-it deal with the Saints and could have a robust market for his services. Fairley’s career-high 6.5 sacks gave the former first-rounder three seasons of at least 5.5 takdeowns. While he’s not known as being a particularly formidable run-defending presence, the 29-year-old would provide a major upgrade as an inside pass-rusher. He would prefer to stay in New Orleans but may like what he encounters on the market if he makes it back to free agency.

Beyond Campbell and Fairley, players like former Raider Vance Walker — who is coming off a torn ACL but was productive in 2015 for the Broncos as an off-the-bench pass-rusher — and Alan Branch would represent some mid-tier stopgap avenues. The Titans’ Karl Klug also profiles as an under-the-radar buy and would fit as a three-technique rusher the Raiders covet.

ESPN.com’s Mel Kiper Jr. has the Raiders taking Michigan State defensive tackle Malik McDowell in the first round of his initial mock draft (ESPN Insider link). Florida’s Caleb Brantley also could be available when the Raiders pick at 24, but with this position generally flooding first rounds in the recent past, it’s difficult to see a gap between Jonathan Allen — expected to go in the top five — and these talents existing in time for the Raiders to potentially choose between them. One of them might still be around by the time the Raiders are on the clock, however. McDowell is a proven disruptive presence who, while not being the most productive sacker (7.5 in three seasons in East Lansing), would add much-needed young talent to the Raiders’ rotation. If they wanted to wait until Day 2 to address this need, players like Chris Wormley (Michigan) and Jaleel Johnson (Iowa) showed ability to beat Big Ten offensive linemen, registering 5.5 and 7.5 sacks, respectively, in 2016.

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