The Raiders could play at Oakland Coliseum in 2019, and possibly in 2020 according to a report from the San Francisco Chronicle,
Under the proposed deal, the Raiders would pay $7.5 million this year with the rent rising to $10.5 million if the team stays on through 2020. The option for an extra year is insurance in case the team’s new $1.8 billion stadium in Las Vegas isn’t ready.
“All of the major issues … have been resolved,” the source said.
The deal is being worked out between Oakland-Alameda County Coliseum Authority Executive Director Scott McKibben and Raiders President Marc Badain. Authority members have been kept abreast of the talks in closed session and are barred from speaking publicly on the details at this point.
An announcement is expected to take place this week or early next week.
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