WATCH: Owners vote to relocate Raiders to Las Vegas via The Telegraph

Nfl owners and executives approved the relocation of the Raiders from Oakland to Las Vegas at their annual spring meeting on Monday.

Raiders’ owner Mark Davis required 24 approved votes for the proposed relocation to go ahead, with the Miami Dolphins being the only franchise to vote “no” out of 32 teams in the league.

Davis released a statement via CBS Sports: “My father always said, ‘the greatness of the Raiders is in it’s future,’ and the opportunity to build a world-class stadium in the entertainment capital of the world is a significant step towards achieving greatness.”

The team will remain in Oakland and play at the Alameda County Coliseum for two more years, before moving to Las Vegas for the opening of their new $1.7 bn stadium.

“We plan to play at the Coliseum in 2017 and 2018, and hope to stay there as the Oakland Raiders until the new stadium opens,” said Davis. “We would love nothing more than to bring a championship back to the Bay Area.”

Derek Carr, Captain and quarterback of the Raiders, says that he is overwhelmed with emotion as has loved playing in Oakland for the entirety of his career, but “understands the business side of the NFL.

“It affects all of us. Oakland, our team loves you, and my family and I love you!”

Mercury News’ Elliot Almad reported that the state of Nevada will contribute $750 million towards the development of the new stadium, with the Bank of America also giving Davis a $650 million loan to help fund the project.

Click on the link above to see the proposed new home of the Las Vegas Raiders via MANICA Architecture

This will be the second move in Raiders’ franchise history, first moving from Los Angeles to Oakland in 1982.

And, will mark the third move approved by the NFL executives since the start of the 2016 season, with the Rams and Chargers both moving to LA.

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