Oakland Mayor Wants Raiders, But Not at Taxpayer Expense | NBC Bay Area
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Oakland Mayor Wants Raiders, But Not at Taxpayer Expense

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    NEWSLETTERS

    (Published Wednesday, Nov. 11, 2015)

    Oakland Mayor Libby Schaaf  was in New York on Wednesday, trying to convince NFL owners that the silver and black should stay as long as the city doesn’t have to use taxpayer dollars for a new stadium.

    Instead, the mayor says the city would seek a private investment, which would be paid back by future revenues.

    The Oakland Raiders and the San Diego Chargers have taken preliminary steps to getting approval for a joint stadium in Carson, California. The group created by the Chargers and Raiders to build a Carson stadium announced Wednesday it has hired one of biggest names in the entertainment industry to lead the effort, Disney CEO Bob Iger.

    Carmen Policy, who is helping spearhead the effort to build a $1.8 billion stadium in Carson, said the Carson proposal has the leadership, the financing and the fanbase the Raiders are looking for. Oakland's mayor insists the city can't help fund a new stadium, but Oakland fans are still hopeful the team won't head south.

    The league could make a decision by January.

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