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Oakland Raiders say talks for new stadium in 11th hour, ask for public help

Rich Graessle/Icon SMI Owner Mark Davis wants to keep the Raiders in Oakland. But he'll need help. (Rich Graessle/Icon SMI)

In just two seasons, O.co Stadium (better known as the Oakland Coliseum) will celebrate its 50th birthday.

Although there was a small renovation in 1995, it's safe to say the Raiders organization is in dire need of a new venue. However, the team has struggled to make progress on such, despite working on the issue for more than a decade.

Now with the Raiders' lease set to expire after the season, owner Mark Davis is hopeful the team can put together $400 million for a new stadium but knows time isn't on its side.

"I would probably say [negotiations are in] the 11th hour," Davis said. "It's always the 11th hour because we've been waiting a long time on this project. If it doesn't happen, then we have to start looking at the other options. ... We want to stay in Oakland. We want to get something done."

Those other options are a kind way to suggest relocation would be on the menu, possibly including a move back to Los Angeles as Davis previously hinted.

Davis also didn't shy away from implying that outside donations may be needed, saying, "[money] has to come [from] somewhere, whether it's private, public — somewhere."
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