Levi’s Stadium Could Also Be Home To The Raiders?

 

The San Francisco 49ers officially unveiled their brand new Leviโ€™s Stadium on Thursday.

NFL Commissioner Roger Goodell was in attendance for the event and suggested that the new facility could be a potential option for the Oakland Raiders, who happen to be dealing with stadium issues right now.

โ€œThey have to make that determination, whether theyโ€™re in a new stadium in Oakland or whether they feel that itโ€™s best to join this stadium,โ€ Goodell said, via the Bay Area Sports Guy. โ€œWeโ€™re working on that, and thatโ€™s one of the decisions theyโ€™ll have to make.โ€

Goodell and the league haveย backed the idea of the Raiders rentingย Leviโ€™s Stadium from the 49ers. However, Raiders owner Markk Davis hasn’t shown much interestย in a short-term loan that would allow them to host their home games in Santa Monica.

Tim Kawakami of theย San Joseย Mercury Newsย mentioned that the NFL actually loaned theย 49ers $200 million, and as part of the deal, ensured that they had the ability to pressureย CEO Jed York toย considering taking on the Raiders asย tenants.

Phillip Matier and Andrew Rossย of SFGate.comย previously reported that the Raiders believe demolishing O.co Stadium is essential for their plans moving forward.

A new stadium has come up as an option, but early estimates suggest that the price could be close to $1 billion.ย Davis has said that the Raiders can put up $400 million of their own, but they would obviously need help in order to close the gap.

The Oakland Athletics are trying toย negotiate a ten-year extension to retain theย facility, but their lease includes a stipulationย that would force them to move in two years if the Raiders wound up putting downย a $10 million deposit on aย new stadium.

There is a long way to go in regards to the Raiders options for a new home. We’ll have more on this topic as the news is available.

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