Artist’s drawing of a proposed stadium for the NFL’s Raiders in Las Vegas. (Drawing courtesy of the Southern Nevada Tourism Infrastructure Committee)

Proponents of an NFL stadium in Las Vegas say they've narrowed their list to two potential sites and are unwilling to accept any less than $750 million in public funding toward the project, which they hope will provide a new home for the Raiders.

"The numbers aren’t going down, so if we can’t get 750, we respectfully thank you. We’re going to move on. That’s our position. We need to know if we have the support. If we don’t, we made our best effort and we’re glad we did it" said Las Vegas Sands CEO Robert Goldstein.



"We want to do this. We’re very committed to it. Mr. Adelson would love to see this happen, but 750 is the number and he’s not equivocating," said Goldstein.

Representatives from Majestic Realty and the Las Vegas Sands casino company updated an oversight committee Thursday on their effort to reach a deal to lure the Raiders from Oakland.

Developers estimate that a 65,000-seat domed stadium near Interstate 15 and the Las Vegas Strip will cost $1.9 billion, and they want to use hotel tax revenue to help pay for it.

Las Vegas Sands officials, including owner Sheldon Adelson, met with the Governor yesterday in Carson City.

"We had a good meeting with the Governor. I think it was important for him to understand the financial equation here, the cost of the stadium. Again, this is a publicly owned stadium with a 60 percent private investment, and that’s what we presented to the committee today," said Las Vegas Sands Corp, Andy Abboud.



They want Nevada lawmakers to approve the deal in a special session in September so they can present their proposal to NFL owners in January. Three-quarters of the owners must approve any team relocation.

"What we’re asking here is a point eight percent increase in the room tax to allow us to build an almost two billion dollar stadium and increase visitation from the day the stadium opens," said Abboud.



On how time is crucial. The Raiders and the stadium backers, Sands, Majestic Realty, want a special session in September.



“They need something, like, today," said Steve Sisolak, Clark County Commission Chair.



