The Oakland Raiders have been a staple of California ever since they arrived, but there was recent fear that the team could be moving out of Oakland and out of state.
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San Antonio was the most recently mentioned location for the Raiders to be moving too but that deal seems to not be going along as reported. While there may have been interest, there’s now a deal moving forward in Oakland that may save the Raiders from moving.
According to the San Francisco Chronicle, the Raiders are nearing a new stadium deal that would keep them in Oakland and not see them relocate to another city or state.
"A new Raiders stadium offer worked out by Oakland Mayor Jean Quan’s development people calls for giving free land to the team and for city and Alameda County taxpayers to pay off $120 million they still owe for the 1990s overhaul of the Coliseum – which would be demolished."
The report further stated that the deal is expected to be done soon, as all that is holding the deal up is word from Mark Davis.
"Now, Zach Wasserman, an attorney representing backers of a hoped-for sports, housing and retail complex called Coliseum City, says the “basic terms” of a financial deal have been worked out among his group, the city’s negotiators and the Raiders.“I expect it to be executed soon,” he said."
What this also means is the Raiders will not be moving to Los Angeles. If the stadium deal is in Oakland, Los Angeles can kiss away any hope of getting the team back.
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