Raiders' Move to Las Vegas Has Led to Ridiculous Increase in Corporate Money
By Nick Porr
Some teams need a jersey change, new stadium, or QB shuffle to wake them up after a long period of doldrums. In the case of the Las Vegas Raiders, hopefully a recent influx of cash will help speed up the turnaround.
The 2020 NFL Season will be the first season in Las Vegas, NV for the Raiders, who have played in Oakland since 1995. Vegas has never been home to an NFL team before, and the new market looks ready to fill the Raiders' pockets with cash -- per sources, Vegas has leapt 29 full spots in corporate partnership rankings before their first season in a new spot.
The move to Las Vegas has clearly caught the eyes of businesses, who are coming in droves to reach deals with the Raiders. Similarly, the NHL expanded to Vegas with the Las Vegas Golden Knights in 2017, also seeing a large and untapped market in the Nevada city.
Part of the Raiders' jump from the bottom to the top of the NFL is their new home, Allegient Stadium. The stadium's construction has brought multiple corporate partners to the Las Vegas Raiders.
The only thing that could potentially slow the Raiders' income climb, of course, would be if the NFL's 2020 Season were to be postponed due to the coronavirus outbreak, which is sadly a possibility. Vegas has already lost the 2020 Draft, which was moved to a studio instead of the Bellagio Hotel. Hopefully, they won't lose a season's worth of suite licenses, too.