Adelson withdraws from proposed Raiders stadium in Las Vegas

Adelson withdraws from proposed Raiders stadium in Las Vegas

Billionaire casino magnate Sheldon Adelson has withdrawn his proposed investment in a $1.9-billion stadium plan to house the Raiders and the UNLV football team. The Las Vegas Sands chairman and CEO announced his withdrawal via a statement acquired by the Las Vegas Review Journal. Adelson owns the newspaper.

“It’s clear the Raiders have decided their path for moving to Las Vegas does not include the Adelson family,” Adelson’s statement said, via the Review Journal. “So, regrettably, we will no longer be involved in any facet of the stadium discussion.”

Adelson was a major part of the original stadium financing plan. He committed to invest $650 million of his family’s personal wealth to the stadium project. The public committed $750 million from a hotel tax, and the Raiders pledged $500 million from the team and a loan from the NFL.

The Raiders applied for relocation to Las Vegas earlier this month. A vote could come this spring, possibly at the NFL owner meetings in late March.

The Raiders have also told the league and the Las Vegas Stadium Authority that they could continue without Adelson’s investment. Goldman Sachs is involved with the stadium financing and help bridge a funding gap. The team had been trying to work out a business deal with Adelson for some time, to no avail. 

The Raiders said in a statement they were firm in their commitment to move to Las Vegas. 

“I am hopeful that the Raiders are working to secure the additional funds that would have been provided by the Adelson family,” Nevada Governor Brian Sandoval said in a statement, via the Nevada Independent. “At a minimum, we have set up a framework and funding source for building a stadium for UNLV.”

The Associated Press reported that, per Sandoval's office, the Raiders are now responsible to invest $1.15 billion and take over stadium operating responsibilities.

According to the Las Vegas Review Journal, Adelson said was surprised by a proposed lease agreement presented to the stadium authority.

“It was certainly shocking to the Adelson family,” Adelson said. “We were not only excluded from the proposed agreement, we weren’t even aware of its existence.

“In addition to being discouraged by the surprise submission, I was deeply disappointed for the disregard the Raiders showed our community partners, particularly UNLV, through the proposed agreement.”


Raiders well equipped to 'slam the ball with a beast'


Raiders well equipped to 'slam the ball with a beast'

Raiders head coach Jon Gruden needed specific tools to run his running game. He wanted blocking tight ends and a bruising fullback, relics of a bygone offensive era.

“If Marshawn Lynch is the feature back, I think it’d be nice if we serviced him with a fullback,” Gruden said at the combine. … You need a blocking tight end if you’re going to slam the ball with a beast. So, those are two things that I’m looking for.”

Gruden said he wanted to import some old-school elements to help run with brute force.

Enter free-agent fullback Kyle Smith and tight end Derek Carrier. Welcome back, Lee Smith.

Then, on Sunday, Raiders made another vital move in this old school effort. They cut Marshawn Lynch a $1 million check.

The Oakland native’s roster bonus came due and the Raiders had no problem paying it, the clearest sign Lynch will be the Raiders feature back in 2018.

He’ll have a great chance to thrive in that role. The Raiders have a hulking, expensive offensive line (that still needs a right tackle). They have new ancillary blocking elements, and the centerpiece remains in place.

That last part was expected in recent weeks. The coaching staff, offensive line coach Tom Cable especially, wanted Lynch back. NFL Network confirmed those facts, stating Lynch will be around in 2018.

That was the case, even with Doug Martin’s addition. The former Tampa Bay back is expected to be a backup bruiser, someone who might put DeAndre Washington or (less likely) Jalen Richard’s job in jeopardy.

The Raiders can cut Lynch without a cap hit. Lynch is scheduled to make $6 million in salary and bonuses, with another $2 million available in incentives. The Raiders should hope to pay those; it would mean Lynch is running well.

The Raiders have given him a great opportunity to do so. They have solid blocking and a coach in Cable who helped him succeed during dominant days in Seattle.

Lynch proved he’s still got it in 2017’s second half, with 70 percent of his 891 rushing yards in the final eight games. He struggled early on, and upset some fans by helping the opposition during a scuffle with Kansas City. That mitigated a PR bump the Raiders looked for when signing a popular Oakland native just months after committing to Las Vegas long-term.

Jack Del Rio and staff grew tired of what they perceived as leeway given to Lynch unavailable to others, and probably wouldn’t have kept him on if still gainfully employed.

Gruden seems committed to Lynch this season, though nothing is ever 100 percent with an enigmatic rusher who doesn’t make private thoughts public.

His elusive, rough-and-tumble rushing style fits well with what Gruden wants, though he demands commitment to the team and sport. Sports Illustrated relayed a story of Gruden saying he needed a “full-time Lynch.”

If he gets that, the Raiders run game should thrive.


Raiders roster turning over quickly with Gruden in town


Raiders roster turning over quickly with Gruden in town

The Raiders went quiet during free agency’s first wave. They avoided paying heavy freight for some top talent with name recognition, but came on strong as last week grew late.

Most moves came from Thursday on, with a flurry of activity that radically changed the Raiders roster. There was something for everybody, with a receiver, and critical nuts and bolts of Jon Gruden’s run game. Defensive coordinator Paul Guenther’s starting lineup got upgraded at linebacker and the secondary. A versatile defensive lineman joined the crew. Special teams got a new long snapper and some core coverage guys.

Michael Crabtree got cut. Cordarrelle Patterson was traded. Gruden found an upgrade over one guy, didn’t need the other.

The Raiders signed 10 players through Sunday night virtually guaranteed to make the 53-man roster, and Griff Whalen's got a shot. That’s a roughly 20 percent roster turnover right there – a draft class is also on the way – and the Raiders aren’t done in free agency.

Receiver Ryan Grant’s reportedly due in Alameda on Monday, and he might not leave. The Raiders have Patterson’s money to spare, assuming, of course, Grant passes a physical.

A bargain defensive tackle might be coming down the pike. Maybe. Time will tell on that front.

The Raiders had $20-plus million in salary-cap space entering free agency, but managed to spend smart in an attempt to get quality and quantity.

They’re believed to be close the salary cap after all this activity, but can create space by releasing veterans without guaranteed money. That happened with Sean Smith and the Patterson trade. Others can be cleared easily to import players who fit Gruden’s style and come available late.

Significant roster turnover is common with new coaches, who need fits for new offensive and defensive systems. Gruden was able to move fast in those aims, armed with significant clout in roster construction.

The head coach got hired in January, hired a staff to build schemes and evaluated the roster. The Raiders have some excellent pieces, Derek Carr and Khalil Mack chief among them.

It was also clear Gruden considered the roster lacking on several fronts. He said the Raiders weren’t getting enough from their last three draft classes, an accurate statement to be sure. He purged some productive members of last year’s squad he didn’t consider fits, and those already gone won’t be the last.

Recently signed free agents will take jobs. So will draft picks selected next month, as Gruden works to overhaul a roster and get more out of talent already on the roster.

It’s clear he’s heavily involved in picking these players, and will be responsible for getting the most out of the group, understanding full well it will probably take a few offseasons to get it just right.

Let’s take a look at key free-agents the Raiders have added so far, and what to expect from each guy:

-- WR Jordy Nelson: He’s the offseason’s big fish. The Raiders expect Nelson to be a locker room leader and a steadying on-field presence. They had no problem choosing him over Crabtree as part of a complete makeover at receiver.

-- CB Rashaan Melvin: Pencil him in to start opposite Gareon Conley. Better yet, use pen.

-- LB Tahir Whitehead: He’s a versatile talent with experience at every linebacker position, with success on the weak side. Whitehead can play in the middle, a role he might assume if NaVorro Bowman isn’t re-signed. Bringing Bowman back remains a possibility, however, especially if his market isn’t stout. Whitehead should also help Cory James and Marquel Lee and Nicholas Morrow grow.

-- S Marcus Gilchrist: He isn’t a dynamic playmaker, but is a solid versatile talent who can play either safety spot or in the slot. He should start right away.

-- RB Doug Martin: He’ll be a secondary option to Marshawn Lynch, but should see significant carries. His presence might spell trouble for DeAndre Washington or (less likely) Jalen Richard.

-- FB Keith Smith: Gruden said told the former Cowboy he has big plans for him. The blocking fullback will be integral to this scheme, and he’ll certainly help on special teams.

-- TE Derek Carrier: A blocking tight end can help in the run game, and has versatility required to catch passes. He’ll join Lee Smith in jumbo sets.

-- DE Tank Carradine: A solid run stopper who will compete for time at base defensive end, but believes he can be a better pass rusher than his stats suggest.

-- LB Kyle Wilbur: The Raiders need core special teams players. Wilbur can be one, and could help on defense in a pinch.

-- LS Andrew DePaola: Jon Condo’s replacement.

-- WR Griff Whalen: The Stanford product will compete for a return gig, and a spot as a backup receiver.