JUST IN: Raiders Announce They Will Stay at Coliseum for 2016 Season

The Oakland Raiders will stay at the O.co Coliseum in Oakland for at least one more year while continuing to pursue new stadium options, the team’s owner said today. Raiders owner Mark Davis joined members of the Oakland Alameda County Coliseum Authority for a news conference Thursday afternoon to announce a one-year lease extension agreement for the team to stay at the stadium.

The agreement also includes two one-year lease extension options following the 2016 season. The Raiders also announced that they will not raise ticket prices for the 11th straight year for season ticket holders at the Coliseum.

Past Raiders coverage on Patch:

• Head of Coliseum Board Expected to Meet With Raiders Next Week
• Livermore Amputee Veteran Enjoys Exclusive Tour of Raiders Team Facility
• Pro Football Inducts Late Raiders Quarterback to Hall of Fame
• Mayor Tells Raiders Fans to ‘Keep the Faith’ Despite Possible Move

By Bay City News

Oakland Raiders fans display a sign during the game against the Kansas City Chiefs at Arrowhead Stadium on October 28, 2012 in Kansas City, Missouri. (Photo by Jamie Squire/Getty Images)