They would play a nine-game home schedule this season, beginning with a preseason game against the St. Louis Rams on Aug. 12.The agreement calls for $85 million worth of improvements to the Oakland Coliseum by August 1996, including increasing stadium capacity to 65,000 by constructing movable platforms, bringing the number of luxury suites to 175 and adding a special club area.Ticket-pricing details are to be revealed at a news conference today, but the average fan can expect to pay about $38 a game, said former Alameda County Administrator Steve Szalay. From all indications, the NFL – which initially expected its ownership to reject the Raiders’ move – has now decided not to fight the relocation, since the league already has lost one court battle with Davis in the past. But he was reportedly worried that the stadium could not be completed as planned by 1997, which would force the Raiders to remain at the antiquated Los Angeles Memorial Coliseum for three more years.Inglewood City Manager Paul Eckles said Davis has had recent conversations with Hollywood Park officials but declined to reveal exactly when or the nature of those discussions.“He signed a letter of intent in Oakland, but that’s not necessarily a done deal,” Eckles said. . Those one-time fees – which have been used in Charlotte, N.C., and St. Louis – would range from $250 to $4,000. A few months after the inaugural American Football League draft in 1959, the owners of the yet-unnamed Minneapolis franchise accepted an offer to join the established National Football League as an expansion team in 1961, sending the AFL scrambling for a replacement. In this Sept. 13, 2015, file photo, Oakland Raiders fans watch during the second half of an NFL football game between the Raiders and the Cincinnati Bengals in Oakland, Calif. Davis sent it back with his signature at 11:30 a.m. – just in time for Coliseum President George Vukasin to make a dramatic announcement during a press briefing.“There’s nothing you could say that would truly capture the emotion and spirit of this day,” Oakland Mayor Elihu Harris said. This officially marks the third time in franchise history that the Raiders have relocated. But the city and county would recoup that in penalties paid by construction contractors if they are at fault, officials said.The Raiders would pay $500,000 annually for Coliseum rent.All indications are that the current deal will be approved by East Bay officials. section: | slug: raiders-officially-say-goodbye-to-oakland-relocate-to-las-vegas-for-2020-and-beyond | sport: football | route: article_single.us | 6-keys: media/spln/nfl/reg/free/stories,at The city had not asked for a team, there was no ownership group and there was no stadium in Oakland suitable for pro football and there was already a su But the league will expect compensation in the form of a relocation fee and other payments.Several NFL sources said Friday the majority vote needed to approve the transfer – 23 of 30 owners – should come during a special league meeting the week of July 10 in Chicago. knows they’ve lost their team. 6:45 pm ET,Covering the impact of coronavirus on the sports world,Grades: Different story for Brady, Buccaneers,Report: McCaffrey to miss multiple weeks due to injury,Barkley likely has torn ACL, Freeman possible fill-in,Watt: Texans rookie 'stupid' and 'selfish' to get ejected,Injury tracker: Barkley, Bosa, Lock, Jimmy G and more,Chiefs win, but whopping 94% of betting tickets lose. Founded as a member of the American Football League in 1960, the Raiders played in Oakland for 22 seasons before moving to Los Angeles in 1982. . The team returned to … They erupted in cheers and high-fives as they watched the press conference on television, then listened as the song “The Boys are Back in Town” blared from the speakers.It was another scene in Southern California, where officials had a very different spin on the day’s developments. At 10:30 a.m., Oakland Coliseum board members unanimously approved the letter of intent, then faxed a copy to Davis in Southern California. Bay Area restaurants say their survival depends on it,On this date, 1995: Al Davis agrees to deal returning Raiders to Oakland,Inside the Raiders: Win over Saints would mean validation as a playoff contender,Five keys for Raiders to open new home with win over Saints,Stanford coach David Shaw on working with Raiders’ Jon Gruden, Saints’ Sean Payton,How Gruden and Saints’ Payton sharpened their football minds in Philly’s rat-infested Veterans Stadium,How Raiders compensate for likely loss of Trent Brown, Nick Kwiatkoski and Sam Young vs. Saints.All Access Digital offer for just 99 cents. I’m coming home.’ ”.The statement seemed timed for maximum effect. The 2018 and 2019 seasons marked the final time the Raiders called RingCentral Coliseum (previously Oakland–Alameda County Coliseum) their home stadium.© 2004-2020 CBS Interactive. GET BREAKING NEWS IN YOUR BROWSER. There would be a $1 surcharge on all tickets to support Oakland school projects and county human service programs.In addition, officials plan to charge a “personal license fee,” which would give fans the right to purchase seats at preferred locations for a 10-year period. CLICK HERE TO TURN ON NOTIFICATIONS.Al Davis, who has kept two cities on edge for months, finally broke his long silence Friday: He wants to bring the Silver and Black back to the scene of the team’s glory days.Davis has publicly announced plans to return the Los Angeles Raiders to Oakland in the past, but two previous deals fell through.Friday, however, marked the first time he actually put his John Hancock on a document. But the source of the loans is actually the bond proceeds or ticket revenues, and no city or county money is involved, Rapport said.To protect local governments – in case a snafu develops, such as the NFL blocking the team’s move – the Raiders would be required to provide a letter of credit for the loans.The deal also calls for the Raiders to be paid up to $5 million in damages for lost revenue from any seats or luxury suites not completed on time. At a ceremony at the Oakland Coliseum on Monday August 7, 1995, Raiders owner Al Davis, center, signs the contract officially bringing the Raiders back to Oakland.

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