As expected, the Raiders will play their games at O.co for at least one more year. The Oakland Alameda Joint Powers Authority announced today that the Raiders have signed a one-year lease extension for the 2016 season with one-year options for the 2017 and 2018 seasons. This is the Raiders third straight lease one-year extension as they continue to try to reach a deal on a new stadium.
Last offseason the Raiders and Chargers had joined forces on a stadium plan in Carson, just south of Los Angeles. That plan failed by owner vote last month in favor of the Rams' facility in Inglewood. The Chargers have the option to join them in that stadium with a deadline to make their decision of January 15, 2017.
It's the uncertainty of a new stadium either in Oakland or elsewhere that has the Raiders living on a year to year plan in Oakland. But with the Los Angeles option that the team had spent the past year working on not an option, remaining in Oakland for at least 2016 while they continue to work on a long term solution was their best option.