Las Vegas Is A Great Market For The NFL’s Raiders From A Business Perspective
According to FORBES, the Oakland Raiders were the twentieth most valuable NFL franchise in 2016 with an estimated franchise value of $2.1 Billion. However, a move by the Raiders from Oakland to Las Vegas could reasonably increase the team’s financial value quickly into the NFL’s Top 10. This is based on the unique economics of both the City of Las Vegas and the NFL.
Las Vegas is not a market that one would traditionally consider ideal for pro sports. According to published sources, Las Vegas is just the forty-second largest media market in the United States — ranking behind cities such as Birmingham, AL and Hartford, CT. – READ MORE