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Raiders mum about loan while Las Vegas officials have questions

Related Topics: Bank of America, Loan

LAS VEGAS — The biggest question about the Raiders’ relocation to Las Vegas remained unanswered Thursday when team executives didn’t appear before the agency that is overseeing the building of a new $1.9 billion stadium.
Three days after team executives told NFL owners they had secured a $650 million loan from Bank of America to help pay for the project, no details about the agreement were revealed during the Las Vegas Stadium Authority board meeting downtown.
The team’s excused absence Thursday means the 11-member board won’t know the details of the loan before NFL owners are expected to vote in three weeks on the move to southern Nevada.