Sponsorship, Raiders' Equity On Vegas Stadium Authority Agenda

Las Vegas Stadium COO Don Webb today is expected to "update the authority board on adjustments resulting from new relationships with third parties that have become sponsors of the project." Founding partners include Allegiant Travel and Twitch. Also, the Raiders are "upping their equity stake" from $930M to $1.02B, "thanks primarily to personal seat license sales that have been more successful than the team had projected." The Raiders "plan to invest the additional revenue in new premium seating and marketing, stadium furniture, fixtures and equipment and additional design, engineering and soft costs." Parking also will be on today’s agenda (LAS VEGAS REVIEW-JOURNAL, 9/14).