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Monday, March 27, 2017

$750 million smooths a lot of moral speedbumps.

 ...Oakland was never going to have the money to build a stadium as grand as the one Raiders owner Mark Davis is getting in Vegas. No league plays leverage like the NFL. And with the Raiders the last team left in a 23-year shakedown of more than $5bn in public funds for stadiums, Oakland had served its purpose as ballast against Vegas’s riches: its usefulness was done. The Raiders pending move – which may not happen until 2020 – is about far more than a simple franchise transfer. The NFL is selling its long-held opposition to gambling in exchange for a football palace capable of holding Super Bowls, possibly becoming a solution for a tired Pro Bowl and maybe a future draft destination. To the modern NFL searching for their next revenue river, Las Vegas is an opportunity.

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