After a long tumultuous adventure that featured city names such as Los Angeles, San Antonio and even Las Vegas, the Oakland Raiders will staying at O.Co Coliseum in Oakland.
The Oakland Alameda Joint Powers Authority scheduled a press conference on Thursday with Raiders owner Mark Davis in attendance, announcing that they two sides have agreed to a one-year lease extension.
"We've agreed in principle to a one-year lease to play our home games at O.Co Coliseum," Davis said during the press conference. "In addition, we have two one-year options for 2017 and 2018 that we can use."
Davis attended Saturday night's NFL Honors red carpet event and spoke with reporters, emphasizing the point that he wants to remain in Oakland. The owner also mentioned that he was in negotiations with the Coliseum about a lease extension, and it looks as if it has come to fruition now.
The move keeps the Raiders in Oakland for at least one more year, but will unfortunately bring up relocation talks again as the season progresses. The City of Oakland remains on the clock to get something done to keep the team around long term.