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**Major Seahawk** · 11-19-2009, 04:24 PM

Quote:

Chris Metinko of the Oakland Tribune reports the Raiders and the Oakland-Alameda County Coliseum Authority announced Wednesday that they have reached a tentative agreement to extend their lease through the 2013 season. The lease had been set to expire after the 2010 season.

The Coliseum Authority, Oakland, Alameda County and the NFL must approve the agreement. County Supervisor Scott Haggerty, chairman of the authority, and Oakland Councilmember Ignacio De La Fuente, vice chairman of the authority, anticipate that the authority, county and city will vote on the proposal before the end of the year.

De La Fuente said terms of the extension are basically the same as the current lease, which calls for the team to pay $525,000 per season and share some other revenue with the authority, such as from concessions. The extension calls for the team to pay an additional $5 million over the additional three years. The team still would owe the $5 million if it moved to a stadium outside Alameda County.

http://blog.theredzone.org/ViewItem.asp?Entry=4216

Darn. I really hate the way their field looks.