Raiders to announce some draft picks from Vegas

Raiders to announce some draft picks from Vegas

Oakland Raiders president Marc Badain says the team will announce its third-day draft picks from the "Welcome to Las Vegas" sign next week.

Badain made the announcement Thursday during a gathering of the public entity overseeing the proposed 65,000-seat stadium the team wants to occupy in Las Vegas.

NFL league owners approved the Raiders relocation last month. Badain says the team has received thousands of $100 deposits for personal seat licenses.

Guests of hotels and other lodging facilities in the Las Vegas area covering $750 million of the $1.9 billion project through a room tax increase.

The Raiders won't pay any rent at the new stadium, according to the most recent draft of a lease agreement.

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