Report: NFL approves Raiders' lease in Oakland for 2019
ByReuters
Published 25/03/2019 at 20:24 GMT
The Raiders are officially back in Oakland.
After the Oakland Alameda County Coliseum Authority voted unanimously 10 days
earlier to approve a new stadium lease with the franchise, NFL owners
unanimously voted to approve the Raiders' lease agreement with the city --
keeping the team playing its home games in Oakland for one more season before
relocating to Las Vegas for the 2020 season.
earlier to approve a new stadium lease with the franchise, NFL owners
unanimously voted to approve the Raiders' lease agreement with the city --
keeping the team playing its home games in Oakland for one more season before
relocating to Las Vegas for the 2020 season.
The vote was held Monday during the NFL's annual owners meetings in Phoenix.
The Raiders will play seven games in Oakland in 2019, with an eighth "home"
game scheduled against the Chicago Bears in London.
game scheduled against the Chicago Bears in London.
The Raiders will pay $7.5 million to play at the Coliseum in 2019 and have a
$10.5 million option to remain there in 2020, an insurance plan in case of
construction delays in Nevada.
$10.5 million option to remain there in 2020, an insurance plan in case of
construction delays in Nevada.
The team's $1.8 billion, 65,000-seat facility in Las Vegas is scheduled to be
finished by July 31, 2020.
finished by July 31, 2020.
Team owner Mark Davis had explored other locations in the Bay Area, including
the San Francisco 49ers' Levi's Stadium and the San Francisco Giants' Oracle
Park.
the San Francisco 49ers' Levi's Stadium and the San Francisco Giants' Oracle
Park.
--Field Level Media
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