Raiders’ rent in Oakland more than triples for 2016
The Raiders’ rent to play at O.co Coliseum in Oakland has increased more than three-fold for the 2016 season.
The Oakland-Alameda County Coliseum Authority on Friday approved a one-year lease extension for the Raiders to use the stadium and training facility, Bay Area News Group reports. The rent for the year increases from $925,000 to $3.5 million.
One of the executives working for the stadium authority said the increase was in part to cover costs such as more security.
If a board of supervisors and city council approve the lease, the Raiders would be able to play at O.co Coliseum in the 2016-2017 season and have the option to play there two more seasons.
Due to their lack of suitable stadium options — just look at this for evidence — the Raiders have explored alternative options, such as moving to Los Angeles, San Antonio or Las Vegas.
Helmet smack to Pro Football Talk