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Oakland Coliseum Newsbeat

Tuesday, January 12, 2016

Koo: Raiders will remain at Oakland Coliseum in 2016, get additional NFL loan money for new stadium

So A’s fans will have to put up with the Silver and Blah for a little while longer…

The Oakland Raiders have lost their bid to move to Los Angeles and will remain at the Oakland Coliseum for the 2016-17 NFL season, according to multiple reports from the NFL owners’ meetings in Houston.

National Football League owners will soon vote to approve a proposal that the St. Louis Rams will be permitted to move immediately to Los Angeles, taking up temporary residence at the Los Angeles Coliseum pending the completion of an Inglewood stadium. The San Diego Chargers will have the first right to join the Rams in Los Angeles, though this new deal allows them to continue to try to work out a stadium deal in San Diego and not move right away.

Under the terms of the Oakland Athletics’ 10-year lease at the Oakland Coliseum that runs through 2024, the Joint Powers Authority must provide the A’s two years notice to vacate if they approve an Oakland Raiders stadium plan that results in the demolition of the Coliseum. While at present the Raiders do not have a viable stadium plan at the Coliseum, the additional loan possibilities from the NFL to build could put the Raiders closer to one, at least.

JEe (Jason) Posted: January 12, 2016 at 08:50 PM | 60 comment(s)
  Beats: athletics, football, nfl, oakland coliseum

 

 

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