Adelson threatens to walk away from stadium deal

According to a Reuters report out of Tel Aviv, Sheldon Adelson, casino and newspaper owner, is willing to walk away from the stadium construction deal if the Raiders don’t meet his terms.

And you thought it was a “public” stadium being funded with $750 million in room tax money.

“They want so much,” Adelson was quoted as saying. “So I told my people, ‘Tell them I could live with the deal, I could live without the deal. Here’s the way it’s gonna go down. If they don’t want it, bye-bye.'”

And why shouldn’t he? He got what he really wanted — that poison pill clause in the law that creates an oversight panel for the convention center expansion that apparently has the power to veto the whole expansion and kill the competition for his privately owned Sands Expo.

Reuters photo of Sheldon Adelson

Reuters photo of Sheldon Adelson

21 comments on “Adelson threatens to walk away from stadium deal

  1. Steve says:

    Good catch!

    Add to that:
    Key takeaway;
    “It’s important to note, NFL relocation rules state if a viable stadium option can be submitted by a local market, the league will not accept an application for relocation. In this case, blocking any potential effort by the Raiders and Mark Davis to move to Las Vegas.”

  2. Steve says:

    Things are really rosy for the bid stadium deal….

    “Oakland Raiders owner Mark Davis told this newspaper Thursday that he had “no comment.”

    “When there’s something to say, I’ll say it,” Davis said. “But there’s nothing to say right now.””

  3. Oregon refuge occupiers acquitted. Their lawyers argued that prosecutors did not prove they illegally kept fed workers from doing their jobs.

  4. Steve says:

    Yep…Patricks head exploded but was taped back together when it was announced all the Bundy’s will remain in custody and returned to Nevada for trial on charges stemming from the standoff at their ranch in Bunkerville.

    Bet me the feds get their heads wrapped around “better” jury “selection” this time?

  5. Absolutely no ranchers on the jury.

  6. What a bunch of goons. Luckily the lawyer did not make a furtive move like Finicum.

  7. Steve says:

    Gotta wonder how the marshals get away with that action.

  8. nyp says:

    Today’s economic news: U.S. GDP grew at 2.9% in the third quarter, up from 1.1% in the second quarter.

    I blame that job-killing ObamaCare.

  9. Obama still can’t hit that 3% mark…and as usual, the 2.9% will be reduced down after all the stats come in…lipstick on a jackass.

  10. nyp says:

    yeah, it’s all a conspiracy. The statistics are rigged. Just like everything else.

  11. nyp says:

    Interesting to me that you would characterize a program that has brought health insurance to 20 million Americans and has reined in the growth in health care costs as being in a “coffin”.

  12. And it’s interesting to me that you’re still defending this unmitigated disaster…

  13. nyp says:

    given the millions and millions of people who now have access to health care that they previously did not have, and given the fact that the program is performing well below its cost estimates, it is quite easy for me to defend.

    It is a shame that you and your fellow Republicans want to take health insurance away from all of those people and to allow insurance companies to deny coverage to people with pre-existing conditions.

  14. Steve says:

    A program that has put Medicaid on steroids by pushing most of those “gains” onto that program.

  15. nyp says:

    Some people have obtained insurance through expansion of Medicaid, some though purchasing subsidized private insurance, and some because they can now obtain insurance on their parent’s plan. I can’t see what is wrong with any of those means of making sure American families have health converage.

  16. Rincon says:

    Obamacare did not raise or lower medical costs in any significant way when compared to the costs of the previous system, i.e., in overall costs, it didn’t make much difference, good or bad. By arguing about Obamacare, we miss the elephant in the room. We paid and still pay 40% more for our health care than any country on the planet, but our people are shorter lived than almost any other OECD country. Were you all satisfied with the previous system? If so, you may want to have your meds checked. If not, then you must agree that merely going back to the bad old ways is not only worthless, but disruptive. Do you have any real suggestions that don’t involve allowing people to bleed to death on the sidewalk?

  17. […] he heard about casino and newspaper owner Sheldon Adelson threatening to walk away from the deal if the Raiders don’t meet his […]

  18. […] in Oakland, suggesting he may be using the proposal as leverage with Adelson, who in October threatened to walk away from the deal if the Raiders did not meet his […]

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