Oakland Raiders RUMORS: San Antonio Relocation Land Secured For Possible Move
Raiders’ owner Mark David doesn’t have the money to build a stadium, The City of Oakland doesn’t have the money to build a stadium and the estimated $100 million loan the Raiders can have from the National Football League as a matter of appeasement is a fraction of what’s needed.
McCombs told ESPN San Antonio that if Davis “does decide to go somewhere we want him to decide to come here”. The chargers have a yearlong option to join the Rams. However, Oakland might be looking to move out of the Bay Area sooner than later.
“We’ll sit down one day next week and review what the next steps might be”, said Scott McKibben, executive director the Oakland-Alameda Coliseum Joint Powers Authority. “America, the world is a possibility for the Raider Nation”.
Texas billionaire Red McCombs, a former owner of the NFL Minnesota Vikings and NBA San Antonio Spurs, is encouraging the Oakland Raiders to consider relocating to San Antonio. However, there still is a slim chance they could move south if the San Diego Chargers are unable to reach a lease agreement with the Rams on the planned stadium in Inglewood, Calif. McCombs says that he has twelve corporate sponsors lined up that are willing to make substantial commitments, and land in-between Austin and San Antonio that a stadium could be built on. Late owner Al Davis moved the Raiders back to Oakland in 1995.
McCombs played an instrumental part in getting the Spurs to move to San Antonio in the early 1970s, and he wants to do the same for the Raiders. When the Raiders met with San Antonio officials last summer about potentially relocating there, Texans owner Bob McNair said he wouldn’t oppose the move. The Raiders have shared the O.co Coliseum with the Oakland Athletics since 1995, and have yet to renew their lease there for next season, according to Davis. But could they be moving to San Antonio instead? “So if they go down there, they’ll be surrounded with a lot of Cowboy fans and that’s good, that’s good”. While NFL teams share television revenue equally, local television rights are an increasingly big chunk of a baseball team’s revenues.
Schaaf said Wednesday she understands the team’s frustration with stadium process, and hopes to fix that sentiment in coming weeks.
Oakland Mayor Libby Schaaf has indicated she might like to keep the Raiders at the Coliseum and the A’s in a new park at Howard Terminal just north of Jack London Square.
The other issue for the Raiders is that they don’t know what the Chargers will do.