Report: NFL approves Raiders' lease in Oakland for 2019

Reuters

The Raiders are officially back in Oakland.

After the Oakland Alameda County Coliseum Authority voted unanimously 10 days earlier to approve a new stadium lease with the franchise, NFL owners unanimously voted to approve the Raiders' lease agreement with the city -- keeping the team playing its home games in Oakland for one more season before relocating to Las Vegas for the 2020 season.

The vote was held Monday during the NFL's annual owners meetings in Phoenix.

Scroll to continue with content
Ad

The Raiders will play seven games in Oakland in 2019, with an eighth "home" game scheduled against the Chicago Bears in London.

The Raiders will pay $7.5 million to play at the Coliseum in 2019 and have a $10.5 million option to remain there in 2020, an insurance plan in case of construction delays in Nevada.

The team's $1.8 billion, 65,000-seat facility in Las Vegas is scheduled to be finished by July 31, 2020.

Team owner Mark Davis had explored other locations in the Bay Area, including the San Francisco 49ers' Levi's Stadium and the San Francisco Giants' Oracle Park.

--Field Level Media

What to Read Next