ONN – Oakland Raiders Lease Finished, NFL Will Return To Oakland For 2019-2020.
Zennie62Media was just informed that the Oakland Raiders have agreed to return to the Oakland Coliseum, according to Coliseum JPA Exec Director Scott McKibben.
The Public meeting to sign the deal will be this Friday March 15th at Oracle Arena.
The lease extension consists of two levels of rent: $7.5 million and $10.5 million in 2019 and 2020 respectively. The teams game day expenses will continue to be paid by the Coliseum JPA. But the deal returns a gain of $2 million to the Coliseum Authority. That is the most money from a single transaction, not annualized, in the history of the Oakland Coliseum.
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.