ALAMEDA, Calif. (AP) — The Oakland Raiders told the NFL on Monday they have found a new partner to finance their proposed stadium in Las Vegas: Bank of America.
A person familiar with the Raiders' plans said the team presented the new proposal with financing backed by Bank of America to the NFL's stadium and finance committees. The person spoke on condition of anonymity because the plan was not made public.
The Raiders had been seeking a new partner for the proposed $1.9 billion, 65,000-seat domed stadium after casino magnate Sheldon Adelson withdrew a $650 million pledge last month.