At long last, it’s a done deal. The Raiders finalized a lease agreement to play at the Oakland-Alameda Coliseum in 2019, a source tells Michael Gehlken of the Review-Journal (on Twitter). Meanwhile, the Coliseum Authority board voted to approve the agreement (Twitter link via David DeBolt of the East Bay Times).
There were a number of scenarios discussed for the Raiders in recent months, including one in which the Raiders would play in San Francisco’s Oracle Park, the home of MLB’s Giants. That accord ran into issues, however, as the 49ers refused to waive their territorial rights to the San Francisco area. Ultimately, they circled back to Oakland where they’ll play until their new Las Vegas stadium is open for business.
The Raiders are expected to pay a $7.5MM fee to play in the Coliseum in 2019, a price tag that has been agreed upon for some time. Additionally, the deal will come with an option that would let the Raiders spend the 2020 campaign in Oakland if the LV site is not ready by then.