Sheldon Adelson withdrew a $650 million commitment to help develop a arena in Las Vegas for the Oakland Raiders after becoming frustrated utilizing the team’s overreaching demands and signals that are mixed him during negotiations.
Mark Davis and Sheldon Adelson, pictured here in happier times, are no further working together on the $1.9 billion ‘Las Vegas Raiders’ stadium project. Adelson spokesman Andy Abboud had some words that are harsh the Raiders this week.
This is according to Andy Abboud, vice president of government relations and community affairs for LVS.
Abboud told the Las vegas, nevada Review-Journal, a paper owned by his employer, Adelson, that the final straw came once the Raiders took a proposed arena rent contract to the Las vegas, nevada Stadium authority without informing the Adelsons.
The lease made no mention regarding the Adelsons being a partner, a turn of activities Abboud describes as ‘stunning.’
‘I’m still trying to figure out just what the hell they certainly were thinking,’ Abboud said. ‘Had they told anybody beforehand that they were likely to dump that document, even should they had told us, ‘We don’t want you in the offer anymore,’ should they had shown anyone that’s been associated with this procedure at all that document, we would have said, ‘What in the hell are you thinking?”
Four days after the meeting with the authority, on January 30th, A Continue reading