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Mark Davis: Raiders finalizing plans to stay in Oakland through 2016

Oakland Raiders owner Mark Davis is currently negotiating a one-year lease extension with the O.co Coliseum that will keep the team in place at least temporarily. 
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Oakland Raiders owner Mark Davis is currently negotiating a one-year lease extension with the O.co Coliseum that will keep the team in place at least temporarily, according to the San Jose Mercury News.

Davis said that the team is finalizing the lease and that no other sites were seriously considered once a move to Los Angeles was taken off the table by the NFL owners. 

Davis also talked about a recent trip to Las Vegas, where the Las Vegas Sands corporation plans to build a $1 billion, domed stadium near UNLV’s campus. The city hopes to attract an NFL team, but questions remain over whether the league would move a franchise to Nevada, where sports gambling in legal.

"I think Las Vegas is coming along," Davis said. "I don't know if the environment is correct for the National Football League or not. That's for the other [31] owners to decide."

The rise, fall and return of the NFL in Los Angeles

Davis also said that he has not made a recent visit to San Antonio. He last made his way to Texas to look at the city in 2014.

The Raiders have played in the 50-year-old O.co Coliseum since 1995, and previously played in the stadium from 1966–1981.