Oakland Coliseum JPA Agenda For February Indicates Raiders Lease Done




(Last Updated On: February 13, 2019)

Oakland Coliseum JPA Agenda For February Indicates Raiders Lease Done

ONN – JPA Agenda For February Indicates Raiders Lease Done

The Raiders appear to have made a major step toward playing football at the for the 2019 and 2020 Seasons. A source who did not wish to be known, texted a copy of the new agenda for the Friday February 15th meeting of the Alameda County Coliseum Joint Powers Authority.

The agenda for that meeting includes these words:

7. CLOSED SESSION
7a. Pursuant to California Government Code Section 54956.8:
CONFERENCE WITH REAL PROPERTY NEGOTIATORS

Property: 7000 Coliseum Way , CA 94621
Agency Negotiator: , Executive Director Alameda County Coliseum Authority
Negotiating Parties: , Principal Owner and Managing Partner, Raiders
Under Negotiation: Price and terms of payment for license agreement extension

The words “Under Negotiation: Price and terms of payment for license agreement extension” are new and indicate two things: 1) the JPA has offered a “price and terms of payment” for the “ license agreement extension”, and the have either accepted that proposal, or offered a counter for the Coliseum JPA Board to consider.

Given the way this has gone, it’s a fair hypothesis that there’s a done deal. Having written that, the word from Oakland official is that “Sometime in the next week this will be settled.”

In the history of this, it looks like the Raiders are staying home in Oakland for 2019 and 2020 Seasons.

How We Got Here To This Crazy Place

How did we get to this crazy place of and tweets and blog posts and videos turning on every move and words? To understand, one has to briefly go back to March 27th, 2017, and the National Football League Owners Meeting where the leadership voted 31 to 1 to allow the to embark on a “conditional” relocation to .

That decision angered Fans, who called for the and the County of Alameda, which together control the Coliseum JPA, to evict the Raiders from the storied sports palace. The Raiders eventually settled on a deal where they paid $3.5 million in rent in 2018 – the highest level in the history of the Silver and Black in Oakland.

The lease extention for 2019 and 2020 was to have a rent level of $10 million at one point. But cooler heads, encouraged by former Oakland City Council President Ignacio De La Fuente, managed to lower that to its present level of $7.5 million. Last week, when Coliseum JPA Executive Director met with Raiders President Marc Badain, that rent level remained in the proposal unchanged.

Files Lawsuit Against The and The

In December, the Oakland City Attorney filed a lawsuit against the Oakland Raiders and The , and for alleged violations of anti-trust and good-faith dealing. Barbara Parker, the Oakland lead lawyer, was given the permission to do this back in July 2018, and before the Oakland City Council took its summer recess. That action sent Davis to the moon.

Angry, frantically searched for a new place for his Raiders to play. had no venue that could be made NFL ready for a reasonable amount of money. Berkeley, San Diego, and even San Antonio and London did not work out for various reasons.

Finally, there was San Francisco, but the powerful Gavin Newsom-helmed California Democratic political bloc of which Oakland Mayor Libby Schaaf is a vital part blocked the Raiders attempt to get a deal done with the San Francisco Giants, and influenced the 49ers Owner Jed York to not grant jurisdictional rights to Davis and the Raiders.

The was left standing.

And, indeed, at $18 million less than the estimated $25 million the Oakland Raiders would have to pay to play at Levi Stadium (if a deal could be worked out), the historically recognized home of the Raiders is also the most financially sensible place for the organization to be. (As an added note, the rent for the 2020 NFL Season will go up from $7.5 million to $10.5 million.)

More on this to come.

Stay tuned.

Note: full agenda for Friday’s Coliseum JPA meeting:

Oakland-Alameda County
Coliseum Authority

OAKLAND-ALAMEDA COUNTY COLISEUM AUTHORITY

BOARD OF COMMISSIONERS
ORACLE ARENA PLAZA CLUB
7000 COLISEUM WAY
OAKLAND, CA 94621

Friday, February 15, 2019
8:30 a.m.

1. CALL TO ORDER

2. ROLL CALL

3. APPROVAL OF MINUTES

4. OPEN FORUM

5. REPORTS
5a. Executive Director’s Report

• Coliseum Naming Rights
• Homeless encampment/ project on Coliseum Property
• Ticket Policy

5b. General Manager’s Report

6. NEW BUSINESS

7. CLOSED SESSION
7a. Pursuant to California Government Code Section 54956.8:
CONFERENCE WITH REAL PROPERTY NEGOTIATORS

Property: 7000 Coliseum Way Oakland, CA 94621
Agency Negotiator: , Executive Director Oakland Alameda County Coliseum Authority
Negotiating Parties: , Principal Owner and Managing Partner, Oakland Raiders
Under Negotiation: Price and terms of payment for license agreement extension

7b. CONFERENCE WITH LEGAL COUNSEL – POTENTIAL LITIGATION
Initiation of litigation pursuant to Subdivision (d)(4) of Government Code § 54956.9: (Five Cases)

8. REPORT FROM COUNSEL ON CLOSED SESSION

9. ADJOURNMENT

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