According to InsideBayArea.com, the Raiders have extended their lease with the Oakland Coliseum.
The Oakland Raiders and Oakland A’s have both agreed to short-term lease extensions that buy time for East Bay leaders trying to keep both teams in Oakland well into the future.
The joint city of Oakland-Alameda County board that operates the Coliseum complex approved Monday a two-year extension for the A’s that will keep the team in Oakland through 2015 and a one-year extension with the Raiders through next football season.
The deals will require the A’s to more than double their total payments from $800,000 last season to $1.75 million in each of the next two years, while the Raiders total rent will drop from more than $3 million this year to just under $1 million next year.
I would bet that if the Raiders can’t get a new stadium plan hammered out with the City of Oakland by the end of the next season, he might be headed back to Los Angeles.