The Oakland Raiders have reached an agreement with the Joint Powers Authority to remain as tenants at the Oakland Coliseum. The team and the Authority plan to remain in active discussions for future tenancies and even stadium projects on the site.
The lease for the Oakland Raiders was extended through the end of the 2015-2016 football season. The Raiders will pay a fee of $400,000 in December 2014 with an additional fee for use of the training facility in Alameda. The lease must now be approved by the Oakland City Council and the Alameda County Board of Supervisors.
