Raiders president: Las Vegas stadium financing on track

Raiders president: Las Vegas stadium financing on track

LAS VEGAS -- The Oakland Raiders and the board overseeing the proposed NFL stadium in Las Vegas have high hopes for the project despite losing an instrumental supporter, but their plan is still missing hundreds of millions of dollars in financing.

Team leaders and the stadium authority board met publicly Thursday for the first time since casino magnate Sheldon Adelson withdrew a $650 million pledge for the project. Both sides plan to continue to work on a lease agreement, but the team didn't give a definitive answer for the major financial gap.

"The organization remains fully committed to this project," Raiders president Marc Badain told the stadium authority board members. "We are not deterred. Financing will not be an issue."

Badain told the board the team is in discussions with "multiple financial institutions," but declined to elaborate beyond that when asked by The Associated Press. The cost of the 65,000-seat domed stadium is pegged at $1.9 billion.

The meeting in Las Vegas came at a crucial time for the Raiders' proposed relocation: less than two weeks after Adelson pulled out of the project and six weeks before an NFL owners' meeting where they are expected to vote on whether to approve the move.

Badain and stadium authority board members on Thursday expressed confidence in their ability to make significant progress in a proposed lease and use agreement ahead of the owners gathering. A draft of the agreement that the Raiders presented to the stadium authority board last month includes a proposed $1 annual rent for the team.

"We'll work to make it better," board chairman Steve Hill said. "We may make six weeks' worth of progress in the next three or four weeks."

The Raiders paid $3.5 million in rent to play at Oakland-Alameda County Coliseum in 2016, up from $925,000 for the 2015 season. The team has options to remain at the stadium for the 2017 and 2018 seasons.

Adelson and his family had pledged $650 million and the Raiders promised $500 million, with the stadium authority putting up $750 million in Las Vegas tax revenues.

Adelson, the chief executive of Las Vegas Sands Corp. whose holdings include the Venetian and Palazzo resorts on the Las Vegas Strip, played an instrumental role in winning state approval to help fund the stadium with public money.

In withdrawing, he declared that he had been shut out of talks that led to the lease document being presented to the stadium authority.

Another lingering question is location. A site hasn't been picked for the stadium, although a parcel of land near the Las Vegas Strip has emerged as a preferred location.

The stadium authority is a public board whose operations will be funded by the newly approved Las Vegas-area hotel tax increase that's expected to yield $13 million a year. Casinos won't start collecting that until March 1, and money won't flow to the authority until April.

Raiders snap count: Maxx Crosby retains workload in loss vs. Packers

Raiders snap count: Maxx Crosby retains workload in loss vs. Packers

GREEN BAY, Wis. – Maxx Crosby earned his first start during a Week 5 victory over Chicago in London. The fourth-round draft pick was the next man up with Clelin Ferrell in the concussion protocol and turned in an impactful performance against the run and pass.

Ferrell was cleared to play Sunday in Green Bay and reclaimed his starting spot but lost some of his snaps. Ferrell, the No. 4 overall draft pick, selected 102 places above Crosby, saw some of his workload given to Crosby.

The Eastern Michigan product has earned it, getting his second NFL sack on a key early third down. He played more against the run than any other game save the Bears win, and took more snaps against the Packers than any other defensive lineman.

He played 42. Ferrell, who essentially was a three-down player, had 37. He did not show up on the stat sheet against Green Bay and was credited with just one quarterback hurry.

The Raiders didn’t do enough to pressure Aaron Rodgers in a 42-24 loss to the Packers, and the elite quarterback picked them apart.

Ferrell certainly needs to make a greater impact up front, even if rookies generally struggle some to start their NFL careers.

They don’t have the luxury of developing away from the spotlight. Not in a position group being slowly built through the NFL draft.

The Raiders still asked Tahir Whitehead and Nicholas Morrow to play every defensive snap, which should be a regular occurrence if both guys stay healthy, but they weren’t the only linebackers to play defense. Justin Phillips played 14 snaps after exclusively working on special teams.

The Raiders stuck with their starting secondary and never moved Daryl Worley around the formation as coaches discussed last week. He was locked at outside cornerback opposite Gareon Conley. Neither player fared well against Rodgers and a fast Packers receiver corps working without Davante Adams.

Nevin Lawson only played special teams in his return to action.

David Sharpe started and played every down at right tackle for Trent Brown (calf), and Gabe Jackson was able to play well over all 66 offensive snaps in his return from a knee injury.

[RELATED: Grading Raiders' offense, defense in loss vs. Packers]

Total offensive snaps: 66

Quarterback – Derek Carr 59, Mike Glennon 7

Running back – Josh Jacobs 37, Jalen Richard 15, Alec Ingold 16, DeAndre Washington 14

Wide receiver – Trevor Davis 50, Hunter Renfrow 30, Keelan Doss 29, Marcell Ateman 23

Tight end – Darren Waller 61, Foster Moreau 32, Derek Carrier 21

Offensive line – Richie Incognito 66, Kolton Miller 66, Gabe Jackson 66, Rodney Hudson 66, David Sharpe 66, Brandon Parker 2

Total defensive snaps:

Defensive line – Maxx Crosby 42, Johnathan Hankins 38, Clelin Ferrell 37, P.J. Hall 35, Josh Mauro 33, Maurice Hurst 22, Benson Mayowa 20, Corey Liuget 17

Linebacker – Tahir Whitehead 60, Nicholas Morrow 60, Justin Phillips 14, Kyle Wilber 2

Defensive back – Karl Joseph 60, Erik Harris 60, Gareon Conley 58, Daryl Worley 57, Lamarcus Joyner 44, Trayvon Mullen 1


Wilber 23, Nevin Lawson 23, Curtis Riley 17, Moreau 16, Dallin Leavitt 16, Phillips 14, Harris 14, Dakota Allen 12, Ingold 12, Joseph 11, Joyner 10, Davis 10, Daniel Carlson 9, Mullen 8, Morrow 8, Washington 7, Hurst 6, Hankins 6, Trent Sieg 6, Worley 6, Crosby 6, Whitehead 6, A.J. Cole 6, Ferrell 5, Andre James 4, Denzelle Good 4, Parker 4, Incognito 4, Sharpe 4, Miller 4.

Raiders report card: Grades on offense, defense in 42-24 loss to Packers

Raiders report card: Grades on offense, defense in 42-24 loss to Packers

GREEN BAY, Wis. -- The Raiders knew they had to score consistently to keep up with Aaron Rodgers and the Packers. This had the makings of a shootout early as teams exchanged blows, but the back and forth went lopsided during a second-quarter swing that turned this game on its ear.

It was the first of three Raiders red-zone disasters, with Derek Carr’s fumble out of the end zone for a touchback, Josh Jacobs’ turnover on downs after getting stuffed before the goal line and Carr’s late interception. That’s 21 points taken off the board in an 18-point loss to the Packers.

“We were able to throw it and run it efficiently for most of the game,” Carr said. “When we got inside the 5 is where we let it go. Turning the ball over down there can’t happen. At the end of the day, we have to finish. We have to finish those drives. We were doing a great job on third down, but finishing in the red zone will be a point of emphasis this week.”

That was a major Raiders failing in this outcome, where the Silver and Black struggled in some area and excelled in others. Let’s take a look at the complete Raiders report card from Sunday’s loss to the Packers:

Rushing Offense

Josh Jacobs keeps on breaking personal bests. The rookie had a career-high 124 yards on 21 carries, including a bruising opening salvo certainly felt by Adrian Amos, with a 42-yard scamper two plays later and a 27-yard run in the second half. He churned out 5.9 yards per carry and was as effective and efficient as ever in his latest performance, continuing a stack of excellent showings. 

Jacobs said the fullback and offensive line set the tone, but he was the star of the show. Jacobs got shut down at the goal line, however, with a leap that went nowhere after the Packers sniffed it out. He has been excellent near the end zone but couldn’t get it done on a few occasions Sunday and Carr was running when he fumbled out of the end zone. Those play really that hurt the team.

Grade: B-minus

Passing Offense

Carr missed some early throws high but found great rhythm after that, completing 22-of-28 passes for 293 yards and two touchdowns. His interception in the end zone came late but still isn’t a risk worth taking trying to throw over double coverage trying to connect with Foster Moreau.

Carr was efficient despite not having Tyrell Williams and Zay Jones, who were rendered inactive. Darren Waller was awesome as usual and Moreau had another solid day. Tight ends paced the passing game yet again and have become a formidable force each week.

Grade: B

Run Defense

The typically stout Raiders run defense had another strong day, allowing just 60 yards on 23 total carries. Take away Aaron Jones’ 15-yard run and the Packers averaged 2.04 yards per carry. That’s a solid sum and a sign that the linebackers, defensive linemen in the base defense especially were typically solid slowing down the opposing ground game. 

That’s the Raiders’ defensive bedrock and will be all season. It’s a positive that run defense has held strong since getting gashed by Dalvin Cook back in Week 3.

Grade: A-minus

Pass Defense

Rodgers had a perfect passer rating over 31 throws. Wrap your head around that. That has happened just a handful of times in modern NFL history. That’s how good Rodgers was on Sunday. He completed nine passes of 21 yards or more, including three scores, and had five passing touchdowns total. Sure, Rodgers is awesome. The Raiders also didn’t play well. 

Gareon Conley in particular struggled to cover and tackle well, though most cornerbacks got beat handily at least once. It was a bad day at the office for all involved, from the pass rush -- Clelin Ferrell was invisible on Sunday -- to the guys asked to cover in the secondary. This constituted a no-good, very-bad day for the pass defense, giving up 429 yards through the air and averaged 13.2 yards per attempt. That’s terrible. The Raiders simply must do better.

Grade: F

[RELATED: Raiders reported to be trade-deadline buyers]

Special Teams

Trevor Davis had a a nice kickoff return and a nice punt return against his old team. A.J. Cole only punted twice and put both attempts inside the opposing 20-yard line and had a 59-yard boomer. Daniel Carlson hit his lone field goal attempt. The Raiders pinned the Packers deep on every drive, but then couldn’t stop them defensively. That’s not the kicking game’s fault.

Grade: B


The Raiders don’t have the talent and quick-strike capability to make up for major mistakes, and they made too many against an excellent Packers team. That’s a recipe for trouble. The costly late-first-half swing completely changed this game, and the Raiders never recovered. They have won games playing their way, establishing early leads held by an efficient run game. 

The Packers' passing attack was relentless, and Rodgers went for the knockout when he saw the Raiders wobble. This doesn’t mean the Raiders are a bad team or have no chance to beat similarly proficient competition. But, on this day, they were the inferior team unable to rebound after a major setback.

Grade: F