Report: Oakland offers to forgive Raiders’ debt, help build new stadium

According to the SF Chronicle, the city of Oakland has proposed to give the Raiders free land on which to build a new stadium.

Per the report, taxpayers would not be burdened with paying construction costs for a new Black Hole.

However, Alameda County residents would be saddled with $120M of the Raiders' 1990s-era debt from a renovation of the O.Co Coliseum. (via PFT)

Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM

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