Over the past couple of weeks, the Oakland Raiders have been attempting a return back to the Oakland Coliseum. Both sides have had “meaningful and productive” discussions since resuming negotiations. The lease to the stadium expires this upcoming Wednesday.
Reportedly, both sides have agreed on terms that include around $7.5 million for rent next year. However, the team has other options as well. This includes an agreement with Oracle Park in San Franciso, the home of MLB's San Francisco Giants. However, the 49ers aren't giving up their territorial rights to allow them to play there.
Scott McKibben, executive director of the Oakland-Alameda County Coliseum Authority, told Michael Gehlken of the Las Vegas Review-Journal.
“I will confirm that we, late last week, started sitting down and talking with the Raiders about the potential of a 2019 season deal. In my view, the discussions have been meaningful and productive.”
The organization remains confident that the team will figure out a deal to remain in Oakland. Team owner Michael Davis has made it clear that his biggest concern is the fans. What they want, he also does as well.
Davis also told the Las Vegas Review-Journal:
“I’ve said from the beginning, my biggest concern is our fans, and it’s my hope and preference to remain in the Bay Area (in 2019) for them. The fans have always been first in my heart. We do have other options, but the hope is to remain in the Bay Area next season until we move to Las Vegas in 2020, which I remain very excited about.”
Last season, the Raiders hired Jon Gruden to a 10 year, $100 million contract. The Raiders went 4-12 and finished last in the AFC West Division.
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