News

Tentative agreement reached to extend Oakland Raiders' lease

NFL pushing for new stadium to serve both Raiders, S.F. 49ers

The agency that oversees the Oakland Coliseum complex said yesterday that it has reached a tentative agreement with the Oakland Raiders to extend the football team's lease at the Coliseum three more years, through the 2013 season.

However, the Oakland Alameda County Coliseum Authority said the agreement must still be formally approved by the Oakland City Council, the Alameda County Board of Supervisors and the National Football League as well as the authority's own board.

Currently, the Raiders' lease at the Coliseum is scheduled to expire at the end of the 2010 season.

Oakland City Councilman Ignacio De La Fuente, who's been on the Coliseum Authority's board for many years, said the goal of the tentative agreement is to get the lease issue out of the way so the authority can work with the Raiders on trying to build a new football stadium for the team.

De La Fuente said one intriguing possibility is having a new stadium built that could be used by both the Raiders and the San Francisco 49ers.

He said the NFL is pushing the concept of having a single stadium serve both teams in a two-team market, noting that a precedent has been set in New York, where the New York Giants and the New York Jets play in the same stadium.

De La Fuente said he thinks the best site for a joint stadium in the Bay Area is on the Oakland Coliseum complex because it's served by BART, AC Transit and Amtrak and is adjacent to Interstate Highway 880.

In a tersely worded prepared statement, the Raiders, who are known for their secretive ways, neither confirmed or denied that a tentative agreement has been reached.

Raiders chief executive Amy Trask said in the statement, "We enjoy a productive working relationship with the city, the county and the Joint Powers Authority (another name for the Coliseum Authority) and we enjoy collaborating with them on many issues."

Trask said, "Both (Alameda County) Supervisor (Scott) Haggerty and Councilmember De La Fuente have discussed some exciting concepts to use

exciting for the Raiders, the Raider nation (the team's fans) the community and the region - and we look forward to further pursuing these ideas."

Raiders spokesman Mike Taylor said Trask and other team officials wouldn't make any other comment on the issue.

Coliseum Authority interim executive director Deena McClain said the tentative agreement calls for the Raiders to pay an additional $5 million to the city and county over the three-year lease extension period.

She said the Raiders currently pay $525,000 a year to lease the Oakland Coliseum and the city and county also get all net parking revenues, three quarters of net concession revenues and half of club dues.

McClain said the tentative agreement gives the Raiders the ability to terminate their lease but if they do so they must still pay the additional $5 million, unless they move to another location in Alameda County.

De La Fuente said he expects that the authority's board, the Oakland City Council and the Alameda County Board of Supervisors will vote on the tentative agreement in public meetings before the end of the year.

In a statement, Haggerty said, "This agreement is a milestone in our improved working relationship with the team. There are many uncertainties in Bay Area sports and during these tough economic times we hope this agreement will help us build on the great Raiders tradition in the East Bay."

Jeff Shuttleworth, Bat City News

Comments

 +   Like this comment
Posted by Anonymous
a resident of Amador Estates
on Nov 19, 2009 at 6:25 pm

Why do people like the Oakland raiders? As a football team, they kind of suck.


 +   Like this comment
Posted by Jerry
a resident of Oak Hill
on Nov 20, 2009 at 12:04 am

I guess a true Raider fan(me include)is kinda like the owner of an old truck - The old truck has very little power, could use some new tires, doesn't go very fast, sometimes it leaves you somewhere, sometimes it gets you there and back, but with all its faults, you've had that old truck a long time and, even though it sucks, just can't let it go...:)


 +   Like this comment
Posted by Anonymous
a resident of Amador Estates
on Nov 20, 2009 at 12:36 am

That's a good explanation. I guess there is a lot of tradition and history.


 +   Like this comment
Posted by Brandon
a resident of Avignon
on Nov 20, 2009 at 2:33 pm

Hey, don't forget about the free ticket giveaway Jets vs. Panthers November 29, 2009 on www.ticketchest.com. The drawing takes place Nov. 24. Don't miss this!!


 +   Like this comment
Posted by raiderh8tr
a resident of Deer Oaks/Twelve Oaks
on Dec 9, 2009 at 4:23 pm

wow anonymous way to waiver on your opinon...LOL...do you only support a team when they win? We've been niner fans since the kezar days...happy when they lose, sad but still supportive when they win:0
GO NINERS!


 +   Like this comment
Posted by raiderh8tr
a resident of Deer Oaks/Twelve Oaks
on Dec 9, 2009 at 4:25 pm

oops...correction..."happy when they win, sad but supportive, when they lose...


 +   Like this comment
Posted by RaiderFan-NonCriminal
a resident of Val Vista
on Dec 15, 2009 at 8:47 am

Raiders were once a great orginazation and one day will be back. They get a bad wrap with Raider fans being alcholics and criminals but thats not true for every raider fan. I like the fact that the raiders are here in oakland. It got great tradition but with these bad econmical times, they need a solution to stay in the bay area longer then 2013. And the cost to build a new stadium just for the raiders is pretty much out of the question. What I think the NFL should do is split a stadium with the 49ers. Just like the NY Giants and NY Jets do in the meadowlands. It makes perfect sense. And a dream location would be on treasure island. You could ferry in Fans from SF Piers and also from Jack London Square. It would be eye candy for TV stations to shoot and bring more tourist to SF and Oakland areas. But im not rich or powerful enough to make this happen. I just a dude at work killing time reading blogs from the Pleasanton Weekly.


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