LAS VEGAS (KXNT) – The Oakland mayor’s office has confirmed the city has reached a “framework deal” to keep the Raiders football team in Oakland, ultimately ending plans for the organization to move to Las Vegas, according to a published report.
“There is a framework that has been agreed upon and is currently in closed session with the county and will be in closed session on Nov. 29 with the city council,” Oakland mayor Libby Schaaf’s director of communication Erica Terry Derryck told NBC Bay Area. “Both bodies will review so we know if we can move forward.”
No details of the plan were released and neither the Raiders or the NFL immediately commented on the mayor’s announcement.
Schaaf had been working with an investment group led by former Raider and NFL Hall of Famer Ronnie Lott in an effort to keep the team in Oakland. Original plans for the group to purchase the land currently housing the Oakland Coliseum and next door Oracle Arena with an eye toward constructing a new football stadium on the site fell apart last month.
After years of failed efforts to get a new stadium built in Oakland, Raiders owner Mark Davis has become a vocal proponent of moving the franchise to Las Vegas.