Frank Schwab,Yahoo Sports•August 5, 2019

Construction on the Oakland Raiders’ new stadium in Las Vegas seems to be going well, and now we have a name for it.

According to the Las Vegas Review-Journal, the Raiders will be playing at Allegiant Stadium. The team announced Allegiant Travel Co., a Las Vegas-based company which is the parent company to Allegiant Air, bought the naming rights to the stadium. An official Twitter account for the stadium was renamed Allegiant Stadium.

The Raiders are hopeful to move into the new stadium in 2020. The stadium’s cost is approximately $1.9 billion.

The Raiders’ new stadium will be quite a financial boon for the franchise. Taxpayers are paying $750 million of the construction costs, which set a record for most public money ever for a sports stadium.

While terms of Allegiant’s naming rights weren’t disclosed, the Review-Journal speculated Allegiant is paying between $20 million and $25 million in cash, based on similar stadium deals.

The Raiders are going from one of the worst stadium situations in the NFL in Oakland, to perhaps one of the best.