LAS VEGAS DOME THE TIME IS NOW

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1 LAS VEGAS DOME THE TIME IS NOW Image Courtesy of MANICA Architecture. All Rights Reserved.

2 EXECUTIVE OVERVIEW Site Status Building Design and Site Layout Project Cost Estimation Financial Sources and Uses Benefits to UNLV, Las Vegas, Clark County and Nevada Residents A Super Bowl in Las Vegas Legislative Review Process and Approval 2

3 SITE STATUS 3 Image Courtesy of MANICA Architecture. All Rights Reserved.

4 BUILDING DESIGN AND SITE LAYOUT Image Courtesy of MANICA Architecture. All Rights Reserved.

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8 Image Courtesy of MANICA Architecture. All Rights Reserved. 8

9 Image Courtesy of MANICA Architecture. All Rights Reserved. 9

10 Image Courtesy of MANICA Architecture. All Rights Reserved. 10

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14 PROJECT COST ESTIMATION Image Courtesy of MANICA Architecture. All Rights Reserved.

15 PROJECT COST ESTIMATION COST BREAKDOWN ($M) Construction Costs $1,325 Land, Infrastructure and Site Costs 375 Practice Facility 100 Contingency 100 TOTAL PROJECT INVESTMENT $1,900 15

16 FINANCIAL SOURCES AND USES Image Courtesy of MANICA Architecture. All Rights Reserved.

17 FINANCIAL SOURCES AND USES SOURCES Team (Debt, PSLs and NFL G-4 Program) $500 Public Investment (39%) 750 Private Investment 650 TOTAL SOURCES $1,900 USES Stadium Construction $1,325 Land, Infrastructure and Site Costs 375 Practice Facility 100 Contingency 100 TOTAL USES $1,900 17

18 BENEFITS TO UNLV, LAS VEGAS, CLARK COUNTY AND NEVADA RESIDENTS Image Courtesy of MANICA Architecture. All Rights Reserved.

19 ECONOMIC & FISCAL IMPACT ECONOMIC IMPACT SUMMARY NFL INCLUDED NET NEW ANNUAL OPERATIONS IMPACTS: CLARK COUNTY STATE OF NEVADA Direct Spending $530,310,000 $410,405,000 Total Output $869,951,000 $678,710,000 Jobs (FTEs) 7,987 6,703 EARNINGS $335,113,000 $260,560,000 FISCAL IMPACT SUMMARY NFL INCLUDED NET NEW ANNUAL OPERATIONS IMPACTS: Sales Tax $10,868,000 $13,541,000 Live Entertainment Tax N/A $15,631,000 Modified Business Tax N/A $2,985,000 Hotel Tax $4,906,000 $3,504,000 NV General Fund Gaming Tax N/A $4,573,000 Car Rental Tax $243,000 $1,214,000 Subtotal $16,017,000 $41,448,000 TOTAL COMBINED $57,465,000 Source: Rosentraub, Mark. "Economic Impact Estimates." 28 April

20 MEDIA EXPOSURE The Raiders hired Nielsen Sports (formerly Repucom) to evaluate the potential media exposure value provided by the Raiders to Las Vegas The City of Las Vegas can expect to earn ~$100M in annual exposure value from the Raiders Value generated through text and logo exposure and verbal mentions across TV broadcasts, earned media and Raiders-owned digital and social platforms Attracting major sporting events can generate an additional $51.7M in value for the City of Las Vegas Reflects the combined media exposure value associated with the Super Bowl, College Football Championship and Final Four 20

21 INTANGIBLE BENEFITS COLTS CASE STUDY Indiana residents have firsthand experience with the level of excitement and interest created by sports, which are described as the intangible benefits of sports. In an effort to determine support for the construction of a new stadium in 2005, a research study was commissioned to understand the value of the Colts to the residents of the state of Indiana. The annual value of the intangible benefits provided by the Colts to Indiana residents was found to be $83.9M. Source: Rosentraub, Mark S., and David Swindell. The Value of the Indianapolis Colts To Indiana Residents and Their Willingness To Pay For A New Stadium. (March 2005). Print. 21

22 $830M+ ANNUAL BENEFIT TO NV TANGIBLE AND INTANGIBLE BENEFITS ($M) Net New Annual Operations Economic Impact Clark County $335.1 Net New Annual Operations Economic Impact State of NV $260.6 Net New Annual Operations Fiscal Impact $57.5 Annual Media Exposure Value $95.1 Annual Value of Intangible Benefits to Nevada Residents $

23 BENEFITS TO UNLV 1. Changing the identity of UNLV from a commuter school to a residential university 2. Enhancing student competitiveness and attractiveness to compete for students 3. Advancing to a major conference for athletics 4. Further regional economic diversity and enhancement What better way to tell our story about our new medical school, our young but acclaimed law school, our world-class hotel program, our impressive engineering department and the work being done to become a Tier One research university than through a nationally televised three-hour broadcast on Saturday afternoons while playing in a Power Five conference? Tony Sanchez, UNLV Head Football Coach 23

24 A SUPER BOWL IN LAS VEGAS

25 ECONOMIC IMPACT SB50 CASE STUDY An independent study of Super Bowl 50 found that the game and the events that surrounded it had a net positive economic impact on the Bay Area of nearly $240 million. $236.5M Net posi)ve economic impact $181.1M $35.8M $6.6M $13M Total hotel revenue Direct tax revenues Contracts awarded through Business Connect program Contributed through the 50 Fund $22.6M State sales taxes $13.2M Regional occupancy tax revenues Source: Sportsimpacts, Super Bowl 50: Bay Area Financial Impact Fact Sheet, August

26 RESIDENT APPROVAL RATING SB50 CASE STUDY The majority of Bay Area residents said they believed that Super Bowl 50 increased tourism, created local business opportunities and showcased the Bay Area as a destination % of Bay Area Residents Who Agree Super Bowl 50 Increased Tourism 78% Provided Opportuni6es for Local Businesses 70% Created Buzz 67% Source: Sportsimpacts, Super Bowl 50: Bay Area Financial Impact Fact Sheet, August

27 SUPER BOWL MEDIA EXPOSURE The Raiders hired Nielsen Sports (formerly Repucom) to evaluate the potential media exposure value provided to Las Vegas by a Super Bowl The City of Las Vegas can expect to earn $35M in media exposure value from a Super Bowl Value is generated from visual exposure and verbal mentions of the Las Vegas area during the Super Bowl game broadcast and in online and print news articles, local and sports news broadcasts and social media throughout Super Bowl week 27

28 LEGISLATIVE REVIEW PROCESS AND APPROVAL Image Courtesy of MANICA Architecture. All Rights Reserved.

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30 0.70% VS. 0.88%? +0.70% +0.88% Room Charge $ $ Existing Hotel Tax (12.00%) $13.08 $13.08 Convention Center Tax Increase (0.50%) $0.55 $0.55 Stadium Project Tax Increase $0.76 $0.96 Room Charge with Hotel Tax $ $ Difference $