There was never any doubt the owners would approve the Raiders new lease in Oakland, but regardless, it was a step that had to be taken. So, the owners had their vote today at the owners meeting in Phoenix Arizona and they all approved it.
NFL owners approve #Raiders 2019 stadium lease in Oakland. We will see if Mark Davis talks to reporters when meeting here In Phoenix is over.— Vic Tafur (@VicTafur) March 25, 2019
This was a long process for the Raiders and the City of Oakland which ended right where it started — with the Raiders signing a one-year $7.5 million lease to play the 2019 season in the Oakland Coliseum. The deal comes with an option for 2020 in case the Vegas stadium isn’t ready in time. That additional season would see the rent go up to $10.5 million.