Dec 8, 2013; East Rutherford, NJ, USA; Oakland Raiders owner Mark Davis on the field before the game against the New York Jets at MetLife Stadium. Mandatory Credit: Robert Deutsch-USA TODAY Sports

Mark Davis has $400 million for new Oakland stadium, local blogger claims


Much has been made of the Oakland Raiders battle with the City of Oakland and Mayor Jean Quan surrounding a proper facility being built for the Raiders with the finishing of their lease at the Oakland Coliseum. Owner Mark Davis has renewed their lease at the Coliseum (Or the O.co Coliseum for naming rights purposes) under good faith that a deal will get done, but while hope that a Coliseum City plan could solve the city’s problem in getting new homes for the A’s and Raiders built not much progress has been made.

According to local blogger Zennie Abraham the Raiders have significant cash prepared to get the deal done as Abraham reported in a YouTube video on Tuesday that he spoke with Davis who claimed that he has $400 million ready to put on the table in order to get a new deal done.

From Abraham’s blog post:

Mark Davis Says Oakland Raiders Have $400 Million For Coliseum City Stadium

I Just finished a lively talk with Oakland Raiders Owner Mark Davis, here at the NFL Spring League Meeting at The Ritz Carlton – Buckhead, in Atlanta. Mr. Davis says that the Raiders have $400 million to commit to a stadium but where is the other part?

He asked me if I knew? “Don’t ask me,” he said, “ask them” as long-time Oakland Raiders assistant Marc Badain stood by, texting.

In all there is no champion for the construction of a stadium in Oakland outside of Mark Davis. But he can’t do it alone.

If this recent report is factual that would put the money that Davis has been reported to have available for funding a new stadium construction at over the $300 million estimate that was reported a few months back. What that means is up for debate as the City of Oakland continues to drag its feet over funding any stadium building whether it be the Raiders or the A’s. Regardless of the real dollar amount Davis has in his pocket to get a stadium built it is very unlikely it could be built in Oakland without some sort of support from the city. Until that happens expect more and more of these back and forth reports to continue.

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  • chefmikeyd

    “If this recent report is factual that would put the money that Davis has been reported to have available for funding a new stadium construction at over the $300 million estimate that was reported a few months back.”
    Something is missing in this run on sentence, I cannot figure out what you are trying to say. There are commas or something missing!! Please explain.

  • EL CHOLO

    Sounds like bullshit to me.

  • Bob

    If the Raiders brand was not tainted from years of losing, selling the naming rights could build the stadium.

  • chase ruttig

    Editor’s Note: Not that run on or confusing at all. If the report is true Davis and the Raiders would have $400 million in funds for building a new stadium, which is over the $300 million that was reported a few months ago.

  • chase ruttig

    That $300 million figure that was going around months ago included the selling of the naming rights to my understanding Bob.

  • Bob

    Niners got like a billion from Levi’s did they not?

  • yosimmitysam

    Actually it was for 220 million over twenty years…. but close.

  • KloverJane

    Lol

  • KloverJane

    What’s the over/ under?

  • yosimmitysam

    haha nice edit

  • Bob

    Let’s do the math:

    Mark Davis $400M + NFL $200M = $600M. The City and County have the land, so $400M needed?

  • http://batman-news.com J K

    And all the staff has to wear 501′s at all times

  • http://batman-news.com J K

    I’ll bet that when the New Mayor gets elected a project of this magnitude, one that could put 10 of thousands of jobs and future commerce , tax dollars and recognition Of Oakland itself, will all be fast tracked.
    Money talks and all Quan has ever done is run to China to try to get investors out of there. Truthfully her Administration should have seen the value in this a long time ago. But she is not sports market minded!

  • GreeneWolfe

    If the NFL would simply treat the Raiders fairly like they did the NEw York Jets, New York Giants, SF 49ers, and Minnesota Vikings, and provide 200 million form the NFL General fund in their building of new stadiums, then the remaining sum could be tenable is left to public taxation. The NFL HATES THE RAIDERS. Always have, and always will. They need to get over their spat they had with AL Davis. He is gone now. The only people the NFL are hurting are the loyal Oakland Raider fan base, the best fans in all of sports.

  • GreeneWolfe

    yeah, on the backs of Chinese workers being paid .50 cents and hour to sow their denim.

  • GreeneWolfe

    The NFL REFUSED THE RAIDERS THAT SUM….

  • Raider Grant

    Once the Raiders return to EXCELLENCE, building a stadium won’t be an issue. It hasn’t been appropriately addressed since We’ve stunk it up for over a decade. Build a championship dynasty & the best of stadiums will follow! Long Live Raider Nation

  • Ray

    Absolutely right. The League office has hated the Raiders since Al Davis as AFL commissioner forced the merger between the two leagues and created the modern NFL. Pete Rozelle shed tears when told about the deal, which was done without his knowledge and I think he was resentful of Davis from then on. And passed that down to where it still exists to this day.

  • GreeneWolfe

    So true! Was nice to see AL Davis hoist Lombardi Trophy, after Lombardi Trophy, after Lombardi Trophy in front of Rozelle’s pitiful face during Super Bowl postgames….haha. The truth is, everyone is jealous of the Raider mystique, and deep down inside all the fans of these other pitiful teams are BORING!

  • SMG_VII

    That math is wrong. It’s $200 million from Davis + a theoretical $200 million from the league + a non-existent $100 million from the JPA. So really there is only $200 million in hand, $400 mil possible in total (that $100 mil doesn’t exist). That’s a $600 mil+ funding gap.

  • Harry Seaward

    That Zennie dude is a joke. He’s some racist hyperbole artist that used to try and blog on SFGATE but he got run out for being a racist liar. Don’t listen to him.
    I’d love this to be true, but the fact that he is the only one reporting it is extremely suspect. The quote from reputable sources was Davis saying he was trying to get the money and he did NOT have it yet. That was form 3 days ago in SI.

  • Harry Seaward

    8-8 two years in a row 3 years ago. Lost division and playoffs on last day of season both times.
    Not too great, but not part of “Stunk it up”. When Jason Campbell went down we were 5-3 and in first place I do believe.
    You’ve been watching to much main stream Raider coverage, and letting snarks cloud your memory

  • Harry Seaward

    She is another stupid liberal

  • Raider Grant

    Nothing clouding my memory Harry, love the fact you pointed out the 2 okay years though. My comment was based on how we did over the past decade. Look at the win to lose ratio over last decade & then tell me how we haven’t stunk. I was very proud of the years you referenced, went undefeated in conference play, but also DIDN’T make the PLAYOFFS??? Mainstream media has little to do with the knowledge I obtain from being a die hard Raider Fanatic! One must accept reality before they can make an effort to change it! Win back to back champions, and still be in mix for a third & a stadium will be built the next day. Long Live Raider Nation

  • Ray

    Outstanding.