As early as Monday morning, the most up to date information was that the Oakland Raiders were still full-steam ahead to Las Vegas. With $750 million in public funding and $650 million as an additional investment from billionaire Sheldon Adelson, the Raiders thought they had found themselves a new home.
And them Monday night rolled around.
Sheldon Adelson pulled out of the deal, leaving a massive void in financing to complete the project. But not to fret, many pointed to Goldman Sachs filling that gap, and matching what Adelson’s contribution would have been.
Well, that won’t be happening either.