The Raiders will remain in Oakland for the 2019 season. The Oakland Alameda County Coliseum Authority voted unanimously Friday to approve a new stadium lease with the Raiders, who are scheduled to relocate to Las Vegas in 2020.
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.
The Oakland City Council and Alameda County Board of Supervisors still need to approve the deal, but that is considered a formality. 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.
(With inputs from agencies.)