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#pounditFriday, December 4, 2020

Raiders’ rent in Oakland more than triples for 2016

Mark Davis

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

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