ONN – The Oakland Raiders have restarted talks with the Oakland Coliseum JPA. That news came to this vlogger Thursday night via a well-placed source (which, I really hate using that tired term, but it will do for now). The idea of San Francisco as a temporary home is off the table.
At any rate, the discussions are very sensitive, so don’t expect the Raiders to cough up any information in the next few days, or until all is done. The focus of the negotiations between the Raiders President Marc Badain and Managing Owner Mark Davis, and the Oakland-Alameda County Coliseum Joint Powers Authority Board of Directors, is a proposed lease extension that’s said to have a rent level of $7.5 million. However, that version of the lease extension is not the only one: another one was crafted such that if the City of Oakland wins the lawsuit filed against the Raiders, the JPA would give back $2 million or if the Raiders won the lawsuit, they would get back $2 million. Still, a third version of the proposed lease extension may not include a lease extension. That’s on the Coliseum side.
The Raiders have wanted the City of Oakland to drop the lawsuit, and so Mark Davis based his entire episode of searching for a new temporary home on the City of Oakland’s legal action. But, Davis either forgot, or did not know, that the Coliseum JPA paid the Raiders game day expenses every year for 23 years, totally a present value of $207 million – something no other stadium authority would match, even in Las Vegas.
The Coliseum is the Raiders best choice. Moreover, Mark’s father, Al Davis, had his Raiders play in the Oakland Coliseum, even during active lawsuits between the City of Oakland, the County of Alameda, and the Raiders Organization.
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.
Oakland News Now Related Posts
Oakland News Now Recent Posts
- Livestream: Blame To Go Around In Oakland A’s Relocation Threat? Start With Oakland Athletics
- MLB Ask Oakland Athletics To Threaten Relocation – Oakland City Council’s Progressive Wing Steps In
- Live: Dr. Fauci Testifies At Senate Hearing On Covid-19 Response | NBC News
- Watching Amanda Gorman Keynote At Professional Business Woman California Conference 2021
- Ben Barlett Berkeley Councilmember Meetings On Traffic, Fire Safety This Week
- Ultra Black News | Ahmed Muhammad | Oakland Tech’s First Black Male Valedictorian
- Asian American Attacks: Couple Dragged In Brazen Parking Lot Robbery In Oakland
- 5 7 2021 Auto Accident Hit N Run Oakland East 14th & 2nd
- Zennie62 YouTube At 2008 DNC Convention, United Airlines Flight To Denver, Meeting Ashley Wolfe Long
- Kenny Mayne: ESPN Tried To Keep Kenny Mayne For Less But He Said No – No Tears Here
- Andrew Peterson Oakland CIO Gets Harari Conscious Leadership And Social Innovation Award
- Oakland Councilmember Sheng Thao And Oakland Mutual Aid Collective Will Distribute PPE Kits To Students May 11th
- Ca Governor Gavin Newsom’s $100 Billion Rental Assistance Plan Debut With Oakland Mayor Schaff
- Governor Newsom Unveils his Economic Recovery Package
- Tim Sullivan Of Louisville Courier Journal Ambush Marketing In-And-Out Burger On CNN?
- Rotary Club Of Oakland Features Gary Meyer On The Oscars May 06 2021
- Resurrection Oakland Church | May 9, 2021. 10am
- Sharing The Beauty Of Lake Merritt, Oakland, California – Mothers Day 2021
- Mothers Day Drum Circle – Lake Merritt, Oakland, California, 2021
- Bike Oakland & Alameda: Alameda, Bay Farm, and 66th Ave