Casino mogul Adelson pulls out of Raiders-Vegas stadium deal (Yahoo Sports)

FILE - In this April 28, 2016, file photo, Oakland Raiders owner Mark Davis, center, meets with Raiders fans after speaking at a meeting of the Southern Nevada Tourism Infrastructure Committee in Las Vegas. America's most popular sport is in the midst of its greatest migration in a quarter century. In a little over a year, three NFL franchises have either moved, announced a resettlement or filed paperwork seeking to relocate. (AP Photo/John Locher, File)

Billionaire casino mogul Sheldon Adelson pulled out of a deal Monday to build a $1.9 billion domed stadium for the Oakland Raiders in Las Vegas. The move comes on the heels of a team proposal to pay $1 a year in rent and operate the stadium, and it deprives the project of a chief financial backer as officials seek to bring professional football to Las Vegas for the first time. Adelson played an instrumental role in the effort to lure the Raiders, which eventually grew into a $750 million commitment of taxpayer money to the deal.


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