Las Vegas Sun

March 19, 2024

Raiders’ lease for Coliseum gets final approval

Raiders Stadium Oakland

Marcio Jose Sanchez / AP

In this Oct. 8, 2017, file photo, fans watch during the first half of an NFL football game between the Oakland Raiders and the Baltimore Ravens at Oakland Alameda County Coliseum in Oakland, Calif.

OAKLAND, Calif. — The Raiders have gotten final approval for their lease to remain in Oakland for at least one more season.

The Oakland City Council voted Thursday to approve the lease for 2019 with an option for 2020. The Alameda Board of Supervisors had voted earlier in the week in favor of the lease that had been formally approved by the Coliseum Authority last week.

The Raiders will pay $7.5 million in rent for the Coliseum and the practice facility in Alameda in 2019 and have a $10.5 million option for 2020 in case their new $1.8 billion, 65,000-seat stadium in Las Vegas isn't ready by then.

Barring any unforeseen setbacks in Las Vegas, this likely will be the Raiders' final season in Oakland after moving back from Los Angeles in 1995. The Raiders began playing at the Coliseum in 1966 and were there through the 1981 season before going to Southern California.