By Steve Corkran
Monday, November 25th, 2013 at 12:48 pm in Oakland Raiders.
The Raiders signed a one-year extension on their lease with the Oakland Coliseum on Monday. Doing so ensures that the Raiders will remain in Oakland for at least one more season.
Owner Mark Davis has said that he is committed to keeping the Raiders in Oakland. For that to happen, though, he said he needs a new stadium.
There aren’t any firm plans in the works for a new stadium — Davis’ preference is for a new stadium to be built on the site of the current stadium.
Hence, Davis is keeping open his options and not getting tied up in a long-term agreement in case a better opportunity surfaces.
Here’s the story from colleague Matthew Artz: http://www.contracostatimes.com/news/ci_24597978/raiders-ink-lease-extensions-oakland?source=rss