Raiders News: NFL Owners Approve Oakland Stadium Lease Until Las Vegas Move

Timothy Rapp@@TRappaRTFeatured ColumnistMarch 25, 2019

Oakland Raiders wide receiver Antonio Brown, center, holds his jersey beside coach Jon Gruden, left, and general manager Mike Mayock during an NFL football news conference Wednesday, March 13, 2019, in Alameda, Calif. (AP Photo/Ben Margot)
Ben Margot/Associated Press

The Raiders' lease at the Oakland–Alameda County Coliseum has been officially given the NFL owners' approval until the organization relocates to Las Vegas, according to Michael Gehlken of the Las Vegas Review-Journal:

Michael Gehlken @GehlkenNFL

NFL owners unanimously have approved Raiders stadium lease, allowing team to stay in Oakland until Las Vegas relocation. The NFL, Coliseum Authority, Oakland City Council and Alameda County Board of Supervisors all approved deal. Raiders now can advance ticket-selling efforts. https://t.co/QXGGVJiVX8

The Raiders are making the move to Las Vegas for the 2020 season.

The Raiders' new stadium in Las Vegas is scheduled to be completed on July 31, 2020, according to Richard N. Velotta of the Las Vegas Review-Journal.

It was unclear coming into the offseason where the Raiders would play their home games, with their lease with the Oakland Coliseum Authority expiring and the organization's relationship with the city growing icy.

Per Scott Bair of NBC Bay Area, "Oakland sued the Raiders and the NFL over alleged antitrust violations and breach of contract. The team has filed a motion to dismiss the suit. Owner Mark Davis didn't want to play in a city that was suing him—the Raiders at one point abandoned active lease negotiations with the Coliseum Authority—but struggles to find a proper home proved difficult."

The team explored sharing Oracle Park with MLB's San Francisco Giants or sharing Levi's Stadium in Santa Clara with the San Francisco 49ers, but both options fell through.

Instead, the Raiders agreed to a one-year contract with the Oakland Coliseum Authority, with an option for 2020. The Raiders will pay the OCA $7.5 million per game in 2019, with the price rising to $10.5 million per game if they exercise the 2020 option.


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