Raiders at Least 4 Years Past Due on Oakland Coliseum Parking Revenue Payments

The Oakland Raiders are in hot water with the Oakland-Alameda County Coliseum for unpaid parking revenue. 

Per Doug Sovern of KCBS News, the Raiders have to pay four years in past due parking revenues if they want to play at the Oakland Coliseum in 2017. 

Per a report from the Oakland Coliseum Board, the Oakland-Alameda County Coliseum Authority made the Raiders aware of the issue, and the team has "deposited funds into a segregated account to be transferred into an escrow account once the parties have negotiated the escrow agreement" given to the Raiders.

Sovern added the Raiders owe over $800,000 to the Coliseum Authority, but the board doesn't intend to use this as an excuse to force the franchise out of their home now.

As a result of the unpaid revenue, the Raiders don't have the right to exercise their 2017-18 option with the Oakland Coliseum while they are in monetary default. 

If the Raiders don't settle the dispute, the report noted it will "be promptly submitted to arbitration."

The Raiders are supposed play two more seasons in Oakland before relocating to Las Vegas before the 2019 NFL season. 

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