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Oakland Raiders pledge $500 million toward Las Vegas stadium project
1:11 | NFL
Oakland Raiders pledge $500 million toward Las Vegas stadium project
Wednesday April 27th, 2016

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Oakland Raiders owner Mark Davis will meet with Las Vegas tourism officials on Thursday to discuss a potential team relocation to the city, ESPN reports.

The Southern Nevada Tourism Infrastructure Committee meeting will take place at 11 a.m. ET on Thursday, which is also the first day of the NFL draft. The committee will consider the $1.3 billion stadium proposal put forth by Las Vegas Sands casinos CEO Sheldon Adelson, who has previously discussed the plan with Davis.

NFL Mock Draft: Round 1 picks teams should make but (likely) won’t

The Raiders will remain in Oakland for the 2016 season after the Rams won the bid to relocate to Los Angeles. The Raiders have the option to share the Rams’ L.A. stadium if the Chargers decline, but momentum is reportedly growing toward a Raiders move to Las Vegas, especially after their rent at O.co Coliseum was significantly raised.

In March the team signed a one-year agreement to stay at O.co, with the options to extend for 2017 and 2018, but the price of the lease was raised from $925,000 to $3.5 million.

The Raiders are nearing their first season-ticket sellout in franchise history.

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