If there were any fans in Oakland who were hoping that Raiders owner Mark Davis might change his mind about moving the team to Las Vegas, you can probably go ahead and give up on those hopes now. 

Clark County commissioner Steve Sisolak announced on Monday that the Raiders have officially purchased the land where they'll be building their new stadium in Vegas, and let's just say, it wasn't cheap. 

According to the website of the Clark County records' office, the Raiders paid $77.5 million for a 62-acre chunk of land that sits just west of the south end of the Las Vegas Strip, near Mandalay Bay. 

If you're having trouble picturing that site in your head, here's a look at the area. 

The Raiders were so sure that they would eventually purchase the land for the site that they actually had some renderings made of what the stadium will look like at the site once it's done. 

The team released renderings back in March. 

Although the Raiders have the land and the NFL's approval to move to Vegas, the relocation still won't be happening any time soon. 

Since the stadium in Vegas won't be done until 2020 at the earliest, Davis has made it clear that he wants to remain in Oakland until the team's lease is up at the coliseum in 2018. Davis has also said he'd like to stay until 2019, if the fans in Oakland want him. 

"We have two more years of lease options for Oakland right now," Davis said. "If the fans would like us to stay there, we'd love to be there for that and possibly talk to them about extending it for maybe 2019 as well and try to bring a championship back to Oakland."

As for the Vegas stadium, the team still has to potentially wait for an FAA review before construction can start, according to the Las Vegas Review Journal

That's just a small obstacle for the Raiders, though. The team is so excited about their new city that they've already put up a billboard at the site of their soon-to-be-built new stadium. 

The Raiders relationship with Vegas officially started on Saturday when the team held a draft event in the city, where they announced all of their picks in Rounds 4-7 from the iconic "Welcome to Las Vegas" sign.