Moving the team has to be one of the dumbest business decisions in sports history.
The Raiders are located in a region experiencing the highest rate of economic growth in the country...and their current stadium is perfectly situated within the commuting zone. Only a 20 minute drive from the San Francisco Financial District
They're moving to a city whose primary attraction is legal gambling..right when sports gambling is legalized nationwide and is set for some explosive growth over the next couple of years
The 49ers moving all the way down to Santa Clara was a perfect opportunity for the Raiders to poach a whole lot of higher-income football fans. Especially the younger folks with money to burn that live in San Francisco proper - they aren't trying to spend an hour and a half driving to fukking Santa Clara, or up to 2 hours and multiple bus / train transfers if they're taking public transportation.
A half-decent remodel of the existing stadium, or constructing a brand-new one in the same location would have let the Raiders really capitalize on selling luxury boxes to young millionaires, VC firms, etc. while being able to preserve what makes the Raiders such a unique franchise (hardcore working / middle-class fanbase). I can't believe that they wouldn't be able to pre-sell at least half a billion in luxury box / premium seat season ticket PSLs to help put together a stadium financing package...and there was plenty of room to maneuver with local authorities as far as municipal financing so long as the Davis' were negotiating in good faith.
All-time fukkup...shyt is baffling.
Move your franchise from one of the wealthiest and most desirable places to live on Earth to the middle of the fukking desert, brehs