Raiders Continue To See Increase Of PSL Sales For Allegiant Stadium
The budget for PSL sales at the Raiders' Allegiant Stadium has increased by $228M "over original estimates," according to Mick Akers of the LAS VEGAS REVIEW-JOURNAL. Initially projected to bring in $250M, better-than-forecast sales have "led the Raiders to increase the PSL budget" by 91.2% to $478M. All of that $478M has been "infused into" the $2B, 65,000-seat stadium. The increased budget has allowed the Raiders to "add new features such as additional suites, a 26,000-square-foot field-level club, upgraded fixtures and art and an upgraded internet connection." A total of 126 suites will be "featured in Allegiant Stadium." Raiders President Marc Badain said that the team's PSLs ranged from $500-75,000 and are 99% "sold out" (LAS VEGAS REVIEW-JOURNAL, 1/12).