The Oakland Raiders and Allegiant (NASDAQ: ALGT) announced an agreement for the naming rights to their new Las Vegas Stadium, the under-construction future home of the Raiders and UNLV football.
“We’re thrilled that our future home will be known as Allegiant Stadium,” said Raiders President Marc Badain. “As the hometown airline, Allegiant is the perfect partner to showcase the incredible support we continue to receive from the Southern Nevada community. We are grateful to all involved who worked diligently to make Allegiant Stadium a reality.”
The stadium is still around a year away from being completed, so the Raiders are playing one last season in Oakland in 2019 before moving to Las Vegas in 2020.
According to the press release, this partnership will allow Allegiant to feature exterior signage at the transformational facility that is set to become the latest jewel along the internationally-known, iconic skyline of the Las Vegas Strip.
“This partnership is an incredibly exciting opportunity to join Las Vegas’ hometown airline with its new hometown NFL team,” said Maury Gallagher, Allegiant chairman and chief executive officer. “It will not only amplify our growing brand as the only U.S. airline focused on leisure travel and experiences, but will also provide access to NFL games and special opportunities for fans across the country. We are thrilled to be able to bring Raider Nation to its new capital—Las Vegas.”
In addition to Raiders and UNLV games, Allegiant Stadium will also serve as site of the Las Vegas Bowl beginning in 2020, as well as the 2020 and 2021 Pac-12 Football Championship Game.
The stadium is expected that have a capacity of 65,000, and will be located about 62 acres west of Mandalay Bay at Russell Road and Hacienda Avenue and between Polaris Avenue and Dean Martin Drive, just west of Interstate 15.
