Found July 16, 2013 on Minus Twenty-Two:
Good news! The Radiers, unlike their professional sports brethren in Oakland, actually want to stay in the city long-term. The bad news? It appears they’re not able to afford their share of the cost for a potential new stadium. Cue the following sound effect: The team is reportedly eyeing a proposed 56,500-seat stadium — the smallest capacity in the NFL — on the current Coliseum site. City of Oakland and Alameda County officials are being advised that such an undertaking would cost an estimated $800 million (the 49ers’ 68,000-capacity Levi’s Stadium is costing $1.3 billion, just for comparison’s sake). The Raiders, however, are reportedly only willing to foot about $300 million of that bill. Assuming the NFL could kick in $200 million for the project, as Roger Goodell has has said he is open to do, that leaves about a $300 million check left to write for somebody who probably doesn’t want to end up writing it. All of this was discussed Monday in the city-and-county-run Coliseum Au...
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