Report: NFL sets Raiders’ Vegas relocation fee between $325M-$375M

Posted: 23/03/2017 in NFL, Sports
Tags: , , , ,

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The NFL has set a relocation fee between $325 million and $375 million for the Oakland Raiders, as the club continues to pursue a potential move to Las Vegas, Albert Breer of The MMQB reports, citing sources.

A final number in that range would be significantly less than the $650 million that both the Rams and Chargers were required to pay as part of their respective moves to Los Angeles.

The league is seemingly doing the Raiders a favor, which can be taken as the latest sign in an increasingly long line of positive developments on the Las Vegas front.

And while approval from the NFL could be contingent upon the Raiders meeting certain objectives moving forward – an indication there’s still work to be done – a vote on the proposed move is on the agenda for next week’s owners meetings, according to CBS Sports’ Jason La Canfora.

As with any relocation bid, the Raiders would need the green light from 24 of the league’s 32 owners.

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