Raiders Extend Deal to Stay in Oakland

By Joe Kukura
|  Wednesday, Oct 6, 2010  |  Updated 8:06 AM PDT
View Comments (
)
|
Email
|
Print
Celebrity Fans in the Stands: World Series Edition

Getty Images

The Raiders extended their deal with the Oakland Coliseum through 2013.

Photos and Videos
More Photos and Videos

Los Angeles' dreams of swiping back the Oakland Raiders franchise just went up in smog. For three more years, at least.

The Oakland Raiders football organization has extended its lease at the Oakland Coliseum through 2013, the San Francisco Chronicle reports. The previous lease committed the Raiders to the Coliseum -- and remaining in the city of Oakland -- only through 2010.

Three years is not an enormous extension, but it comes at a critical time. The City of Industry outside Los Angeles had recently obtained funding to build an NFL stadium, and the Raiders were on their list of teams to try to lure in.

More importantly, the Raiders and Coliseum Authority say they're also working on arrangements to keep the Raiders in Oakland beyond 2013. Raiders CEO Amy Trask the Chronicle that the two parties "have discussed some exciting concepts with us."

One of the exciting concepts for the city of Oakland was the Raiders agreeing to pay an additional $5 million on the new lease. The city estimates they lose $12 million a year on the current deal.

 
He doesn't sound like a guy negotiating from a position of strength. But his maneuvering to help keep the Raiders in Oakland will probably go over well with East Bay voters.
 
Joe Kukura is a freelance writer who is also going to approach the Raiders asking for an additional $5 million. 
 

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Bay Area Proud
Bay Area Proud is NBC Bay... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out