The Jon Gruden hiring as Raiders head coach will have a financial impact on the Raiders stadium in Las Vegas.

Las Vegas Stadium Gets Little Pub During Gruden Presser, But Chucky Will Affect Stadium Economics

By ALAN SNEL

LVSportsBiz.com

 

Jon Gruden talked about a lot of topics  from being ticked off that his last game as a Raider was a playoff loss to the New England “Tuck Rule” Patriots to feeling split about broadcasting the Chiefs-Titans playoff game Saturday.

 

But one topic that he did sidestep was Las Vegas.

 

In fact, Gruden cited the Oakland fan base and the community as a factor for returning to the Raiders head coach job.

 

But there was only question during a press conference that addressed Las Vegas and Gruden answered it by saying it was probably better to pose that question to owner Mark Davis.

 

Las Vegas figured little into a media gathering that was aired live by ESPN.

Jon Gruden became a football personality besides a coach thanks to Monday Night Football and ESPN programming.

 

But even though Las Vegas and the $1.9 billion stadium project did not receive much air time, make no mistake that the Gruden hiring is a business decision with direct implications on the Raiders’ capacity to generate personal seat license income to help pay of the team’s financing share of the Las Vegas stadium.

 

Gruden’s nine-year run as a Monday Night Football broadcaster gave him appeal to not only to the Oakland and Las Vegas markets but also to regions around the country.

 

This is an economic key because more than half of the PSL license deposits are coming from outside the state of Nevada. More than 25 percent of the PSLs are from California and another 27 percent or so are coming from states outside of California and Nevada.

The Raiders will need Gruden to help usher in their new stadium in Las Vegas.

 

The Raiders will be in Oakland for the 2018 and 2019 seasons, so Gruden wants to focus on the team that will call Oakland home for two years. He mentioned he’s focused on the short-term goal of flipping the Raiders’ dismal and disappointing 6-10 record.

 

LVSportsBiz.com will be focused on the Raiders stadium Thursday when we report from the Las Vegas Stadium Authority Board meeting at 1 p.m. and then review the meeting with LV Raiders Report after the session at the Clark County government center on Facebook live.

 

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Follow LVSportsBiz.com on Twitter, Facebook and Instagram. Contact LVSportsBiz.com founder/writer Alan Snel at asnel@LVSportsBiz.com

 

 

 

Alan Snel

Alan Snel brings decades of sports-business reporting experience to LVSportsBiz.com. Snel covered the business side of sports for the South Florida (Fort Lauderdale) Sun-Sentinel, the Tampa Tribune and Las Vegas Review-Journal. As a city hall beat reporter, Snel also covered stadium deals in Denver and Seattle. In 2000, Snel launched a sport-business website for FoxSports.com called FoxSportsBiz.com. After reporting sports-business for the RJ, Snel wrote hard-hitting stories on the Raiders stadium for the Desert Companion magazine in Las Vegas and The Nevada Independent. Snel is also one of the top bicycle advocates in the country.

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