With so much uncertainty surrounding the Oakland Raiders these days the last thing the franchise needs to be concerned with is where they’ll be playing football on Sundays. In recent years there have been plenty of talks about the two Bay Area football teams sharing a stadium or even the possibility of the Raiders returning to Los Angeles. While every option remains on the table the Oakland City council voted to allocate funds towards redeveloping the Coliseum complex in hopes of keeping the Raiders, A’s and Warriors in East Oakland.
But those funds from the city are but a drop in the bucket. These days $3.5-million only goes so far. In order to truly modernize the complex that houses Oakland’s pro franchises its going to take private investors with enough capital.
About half of the city’s funds are going to a development team that will determine the feasibility of new facilities. The rest will be used for the planning and environmental studies necessary for any future construction.
None of this guarantees the Raiders or any of Oakland’s franchises will remain in East Oakland. With two competing bids to build stadiums in Los Angeles, budgetary issues statewide and a Coliseum sadly behind the times the clock is ticking. At this point it is really a race for whichever developer, city and planner that can put together the most realistic bid.
At least the City of Oakland is doing something to keep its historic franchises in their rightful home. And as a Los Angeles resident, that would love to see the Raiders back in SoCal, I say that will true reverence.