Things aren’t looking great for Oakland Raiders fans hoping to keep their team in the East Bay.
The NFL’s stadium and finance committees held a fact-finding meeting on Wednesday in New York about Mark Davis’ team’s planned move to Las Vegas, according to media reports.
While nothing official was filed, the owners in attendance — including the 49ers’ Jed York — heard specifics about the proposal’s financial implications.
When asked if the league would approve a move to Sin City, Patriots owner and member of the finance committee Robert Kraft said, “I think it’s a good possibility,” according to the Los Angeles Daily News.
League executive Eric Grubman also reportedly said the Raiders’ progress has been “impressive.”
NFL rules disallow casino owners from having an ownership stake in a franchise. So before anything is approved, the Raiders will have to ensure Sheldon Adelson, who has played a major part in securing funds for a stadium in Vegas, doesn’t take on a formal role.
Another issue addressed in the meeting was the San Diego Chargers and their leadership’s efforts to move. Team chairman Dean Spanos was given until Tuesday to decide if he’d like to take an option of being the second team in Los Angeles after the Rams migrated there last offseason. ESPN reported the team will announce a move by the end of the week.