The Raiders hopes of remaining in Oakland, specifically on the land they currently call home in the East Bay, took a step forward Friday when the Oakland City Council unanimously approved an exclusive negotiating agreement between the city, the County of Alameda and the developer of a project that could include a new stadium for the Raiders.
The ENA now goes to the Alameda County Board of Supervisors, who will consider the matter on Tuesday.
If approval is granted – as expected – New City Development LLC can approach the Raiders about a stadium deal with full confidence Oakland and Alameda are on board with plans for the 120 acres of land they both own that surrounds both the O,co Coliseum and Oracle Arena.
That won’t mean the Raiders are staying put in Oakland, and the developer and county and city must still resolve the $100 million dept still tied to the Coliseum dating back to the Raiders return to Oakland 20 years ago.
But it will mean the county and city, which have been at odds for years, are finally working together on the jointly owned land and helps paves the way for the Raiders to remain in Oakland.