OAKLAND, Calif. — With the Oakland Raiders’ long-term plans still up in the air, team officials announced Thursday afternoon that the team had agreed to a one-year lease extension to remain at the O.Co Coliseum for the 2016 NFL season.
The deal also includes options for the 2017 and 2018 seasons, Raiders owner Mark Davis said at the press conference.
“It’s a great day for Oakland,” said Councilmember Larry Reid, chairman of the Oakland-Alameda County Coliseum Joint Powers Authority.
“It’s a fair deal for the county, city and the Raiders,” said Alameda County Supervisor Scott Haggerty, also a member of the authority.
Owners of NFL teams in January voted to send the St. Louis Rams to Los Angeles and gave the option of the San Diego Chargers joining the Rams in Los Angeles, dashing the Raiders’ hopes of moving there.
The vote appeared to keep the Raiders in Oakland for next season, and the NFL offered a $100 million subsidy to build a stadium in Oakland. After the vote, Davis would not say where his team would play next season and would not commit to playing in Oakland.
Davis said it was possible his team could join the Rams in Los Angeles if the Chargers remain in San Diego. He only ruled out moving to St. Louis.
“America, the world is a possibility for Raider Nation,” Davis said at the time.
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