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Raiders Submit Draft Of Joint-Use Stadium Proposal To UNLV, Negotiations To Begin Soon

The Raiders recently submitted to UNLV officials their "first draft of the 30-year joint-use agreement required by state legislation," and a negotiating session based on the proposal "could take place within the next two weeks," according to sources cited by Adam Candee of the LAS VEGAS SUN. Within the draft, the Raiders "ask UNLV to use nearly 80 acres of its land for game-day and event parking, including the Thomas & Mack Center lot and a 42-acre parcel." The Raiders also "propose no payment to the university for using the land beyond net revenues from parking fees during home games, NFL events and any other event for which at least 30,000 tickets are available." The UNLV campus "sits more than three miles from the Raiders stadium site, meaning fans would need to shuttle from the university." The Raiders will "provide UNLV with either a grass or artificial field for its games at their own cost." The Raiders propose to "maintain the exclusive rights to sell luxury suits and club seating for UNLV football games as part of larger packages including Raiders games and other major events." For these sales, UNLV would "receive only an amount equal to the average per-ticket price for club seats" at UNLV games for the "number of tickets issued inside the suites." The university "could keep all revenue from these sales." UNLV "could sell temporary advertising like on-field signs and electronic ribbon boards for its game days, if it does not interfere with fixed advertising and permanent signage sold by the Raiders." The Raiders "want to protect naming rights sponsors and so-called 'founding partners' by preventing UNLV from selling ads to any competing companies." In terms of rent, UNLV will owe the Raiders "an amount equal to the cost of using the facility for each of its six home dates" (LAS VEGAS SUN, 7/7).

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