Report: Goldman Sachs “Re-Evaluating” Relationship To Raiders, Las Vegas

Less than three weeks ago, ESPN’s Adam Schefter believed a Raiders move to Las Vegas was only a matter of “when” if would happen.

As of Tuesday, the Vegas outlook isn’t as optimistic.

News broke yesterday that casino mogul Sheldon Adelson was furious with Raiders’ ownership and released a statement indicating that he “will no longer be involved in any facet of the stadium discussion.”

Based on a proposal submitted by the Raiders last week, it was clear Raiders’ owner Mark Davis was moving away from Adelson and working toward a deal with league-preferred investment group Goldman Sachs.

Now it appears Plan B has hit a snag.

ESPN’s Ramona Shelburne is reporting the Raiders partnership with Goldman Sachs may be falling apart as the investment bank is “re-evaluating it’s relationship with the planned deal” following the Adelson news.

With Adelson out, the cost of the Vegas project continues to rise for the Raiders. Counting the relocation fee, Davis could soon be responsible for upwards of $2 billion in contributions toward a new stadium.

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