ONN – Oakland Coliseum JPA, Raiders Lease Talks Done, NFL News On Monday
Oakland Raiders Coliseum Lease Extension Update: Coliseum JPA Exec Dir Scott McKibben told me “Terms sheets have been exchanged and lawyers are doing final reviews. We should know late Monday if we have a fully agreed upon deal.”
A “term sheet” is just a set of bullet points that outline a deal. The lawyers exchange term sheets in an effort to produce one final agreement. The end result would be good for the Coliseum in that it would be the largest single amount of money to the Coliseum JPA in its history.
That reflects decades of mismanagement prior to the arrival of McKibben in 2014.
Oakland News Now Note: this post demonstrates the full and live operation of the latest version of an experimental Zennie62Media mobile media video-blogging system network – part of a new approach to the production of media. The uploaded video is from a vlogger with the Zennie62 on YouTube Partner Channel, then uploaded to and formatted automatically at the Oakland News Now site and social media pages. The objective is real-time on the scene reporting of news, interviews, observations, and happenings anywhere in the World and within seconds and not hours. We are constantly working to improve the system network coding and also seek interested content and media technology partners.