Raiders' Las Vegas home to be named Allegiant Stadium

The Oakland Raiders announced on Monday that Allegiant Stadium will be the name of their Las Vegas home when the team relocates in 2020.

The announcement was made during a topping out ceremony at the stadium's construction site in Paradise, Nev., with the Raiders marking the completion of the $1.9 billion, 65,000-seat venue.

"We're thrilled that our future home will be known as Allegiant Stadium," Raiders President Marc Badain said. "As the hometown airline, Allegiant is the perfect partner to showcase the incredible support we continue to receive from the southern Nevada community. We are grateful to all involved who worked diligently to make Allegiant Stadium a reality."

Allegiant had been speculated as the sponsor for the stadium since May when the travel company sought a trademark on "Allegiant Stadium."

The new venue will also be home to the UNLV football team and serve as the site of the Las Vegas Bowl beginning next year, in addition to hosting the 2020 and 2021 Pac-12 championship games.