Become a Vegas Insider
We are one day away from the first Sunday of the NFL season and just two days away from the Raiders Monday Night Football showdown with the rival Broncos. With all the drama (looking at you AB), actual football will be a welcome sight. But there has also been lots of updates looking forward to the move to Vegas in 2020, so lets take a look of some of those story lines to keep in mind before the 2019 season kicks off.
The new home has a name: Allegiant Stadium
The new palace has a name: Allegiant Stadium. The low cost airline carrier has made a big bet on Vegas and hopefully will include more low-cost tickets to Vegas from cities across the country to ensure all of Raider Nation gets to experience Raiders football.
The new stadium is coming along nicely and should be ready just before opening day in 2020. Besides hosting a full slate of Raiders Games in 2020, it will also host Las Vegas Bowl and Pac-12 Championship. Want to get in on the action? They are currently accepting $100 deposits for season tickets here.
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The first major Vegas casino partner is announced: Caesars
Caesars Entertainment will be a founding partner of the new stadium and plans to have a close relationship with the Raiders. This means that the Caesars 10 Vegas properties could be ground zero for Raider Nation on gameday.
“Sports have long been a core part of the Caesars’ experience,” said Chris Holdren, Chief Marketing Officer for Caesars Entertainment. “With this deep partnership, Caesars will become an essential part of the game time ritual for Raiders fans everywhere. From activations to exclusive experiences, fans of the silver and black will see Caesars as their home on game day.”
As a Founding Partner, Caesars Entertainment will host a branded stadium entrance and drop off zone, digital signage, media, radio and print assets in addition to alumni, player and cheerleader appearances – giving the company a commanding presence.
Two phases of Season Tickets & PSLs are sold
Season tickets for 2020 are going fast, but many of the more affordable seats are still available. In the first two phases of season tickets, current season ticket holders, club seats, VVIP areas, and local Vegas fans had a chance to buy PSL and season tickets. These Personal Seat Licenses (PSL) started at $3,900 and went up to nearly $75,000 for the VVIP sections.
In leading up to the final phase of PSL and season ticket sales, the Raiders gave some refunds to a select group of PSL owners for a portion of their license, as they wanted to ensure that phase 3 prices aligned with the previous phase.
Phase three for season tickets will include PSLs as low as $500
If you still want season tickets for the 2020 Raiders season in Vegas, you still have a chance, but you need to take advantage soon. The first step is getting your $100 deposits for season tickets here. This will ensure you get an email when the next round of PSLs open. They will have a lower price-point (starting at $500 for the PSL and tickets as low as $65/seat).
SAVE BIG IN VEGAS
If you decide to take the plunge, they do offer 6-year financing for the PSLs, so if you decide to spend a little more, there is a low-interest (6%) option to spread out the payments.
The Raiders value jumps $1.5B with move to Vegas, now 12th most valuable NFL team (from 31st)
As expected, the move from Oakland to Vegas is going to help the team financially, but for the first time, we know how much. Forbes has increased their valuation of the Raiders by $1.5B, which now ranks the Raiders as the 12th most valuable team in the NFL. This is a huge jump from 31st before relocation talks surfaced.
“I think being (ranked 12th) is a testament to all the people working so hard in our organization, beginning with (team president) Marc Badain,” Davis said Wednesday. “They’ve all done a wonderful job getting us to this point. The only way (rankings) would really mean anything to me is if I was looking to sell the team, and I’m definitely not selling it.”
With more founding sponsorship deals slated to be announced in the coming year, the team’s value should surpass $3 billion before they kick off the first game in Allegiant Stadium, Michael Ozanian, the Forbes executive editor who created the publication’s sports team valuation lists said.
“I think by the time they move in based on the new revenues that they’ll have at the stadium, it’ll probably be greater than $3 billion,” he said.
Tailgating & Parking Updates
Parking and tailgating is one of the hottest topics on the move to Vegas, and the team announced that they have doubled parking allocation from their previous plans.
“We’ve been actively acquiring real estate near the stadium, which we intend to develop and devote to parking,” he said. “One such current acquisition will more than double the parking that we currently control.”
The number Webb alluded to doubling is tied to the 2,725 on-site spots at the stadium site. An additional 11,925 spaces were identified last year through four satellite parking lots, bringing the total number of planned spots to 14,650 spaces, 1,600 short of the 16,250 Clark County requires for the project. – Full story here