Report: Raiders, Coliseum JPA close to deal to play next season in Oakland

Oakland and Alameda County officials will vote on a one-year lease agreement for the Raiders to play at the Oakland Coliseum this fall, according to the San Francisco Chronicle.

The vagabond NFL team, upset over a lawsuit filed by the city of Oakland last December, searched in recent monts for an alternative venue to play the 2019 football season, possibly its last before moving to a new stadium in Las Vegas.

The Chronicle and the Las Vegas Review-Journal both cited sources who say a lease agreement calling for the team to pay $7.5 million in 2019 could be signed next week.

A team-option for 2020, including $10.5 million in rent, is part of the deal. Presumably triggered if the Las Vegas stadium is not completed in time for the 2020 season.

The Coliseum JPA, made up of Oakland and Alameda County elected officials and members appointed both each jurisdiction, typically meet once a month. If a deal is made some time in the next week, the Coliseum JPA may choose to call a special meeting.

Coliseum JPA officials met in closed season on Feb. 15 to discuss the Raiders lease agreement proposal. The session lasted 15 minutes



Categories: Coliseum JPA, Raiders, Uncategorized

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