The Oakland Raiders could wind up staying in the city for two more seasons, the San Francisco Chronicle reported Wednesday.
The Raiders announced plans to move into a new stadium in Las Vegas before the 2020 season, but their lease to play their home games in Oakland expired at the end of the 2019 season.
Owner Mark Davis attempted to push the team for a one- or two-season stay in San Francisco — sharing a venue with baseball’s Giants — but that plan never got off the ground.
Despite a contentious history between the two sides, the Raiders and the Oakland Coliseum Authority resumed negotiations earlier this month, and the Chronicle reported that an announcement about a new, short-term lease could be made in the next two weeks.
“It’s for one year for sure, with an option for the second year,” a source told the Chronicle.
The two sides reportedly have agreed to a $7.5 million deal for the 2019 season with an increase to $10.5 million for the following season, should the Raiders need to utilize the facility for a second year.
The option for 2020 would kick in if the new $1.8 billion stadium in Las Vegas isn’t game ready.
The Raiders had a plan in place to play in Oakland in 2019, but Davis pulled out after the city joined a lawsuit seeking damages from the team. The Raiders had also discussed playing their home games in Santa Clara at Levi’s Stadium, sharing the venue with the 49ers.