The City of Oakland and an investment group tied to Hall of Fame safety Ronnie Lott engaged in negotiations geared on selling O.co Coliseum and keeping the Raiders from bolting for Los Angeles or Las Vegas.
According to the East Bay Times, Stadium Real Estate Partners and The Integral Group made an informal offer to buy the Coliseum and the surrounding land for $167.3 million. The goal would be renovating the stadium or building a "state-of-the-art" facility to entice the Raiders to resist moving to Las Vegas or Los Angeles.