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‘Allegiant Stadium’ official name for Raiders’ Las Vegas stadium

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August 05, 2019 By Richard N. Velotta

Construction crews placed one of the last steel beams connecting a ring of 26 roof trusses Monday on a newly named project — Allegiant Stadium.

Representatives of Las Vegas-based Allegiant Travel Co., parent company to Allegiant Air, were among the dignitaries signing the beam in a brief topping-out ceremony marking completion of the highest point of the $1.9 billion, 65,000-seat indoor stadium that will be the home of the Las Vegas Raiders in less than a year.

Allegiant Chairman and CEO Maury Gallagher, team owner Mark Davis, team President Marc Badain, and Rep. Dina Titus, D-Nev., whose congressional district includes the stadium site, spoke briefly before the beam was lifted into place.

As the signed beam was lifted before a crowd of several hundred well-wishers and construction workers, flags representing the United States, the state of Nevada and the Raiders unfurled beneath the beam labeled “Las Vegas Raiders” as it was raised about 150 feet to its final spot. A pine tree — a topping-off ceremony tradition, representing that a building has reached its final height — was mounted atop the beam that was raised skyward through the 95-degree morning heat.

Allegiant, which had been speculated to be the name sponsor for the stadium since May when the company sought a trademark on “Allegiant Stadium” with the U.S. Patent and Trademark Office, acknowledged the naming rights deal with the Raiders Monday. Terms were not disclosed, but experts with experience on similar deals say Allegiant is likely paying between $20 million and $25 million in cash and in-kind services a year to put its name on the building.

Naming deals usually give the sponsor exclusive access to customers of the venue at various events.


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