Sheldon Adelson

Oakland, Alameda County officials to vote on proposal for a new Raiders stadium

Oakland, Alameda County officials to vote on proposal for a new Raiders stadium

In a bid to keep the Raiders from moving to Las Vegas, the Oakland City Council and Alameda County Board of Supervisors will vote Tuesday on a term sheet with a group of developers that want to help build a $1.3-billion stadium for the team.

“This term sheet agreement puts Oakland in the running to keep the Raiders in a way that is responsible to the team, the league, the fans and the taxpayers,” Oakland Mayor Libby Schaaf said in a statement.

The votes will come a day before NFL owners meet in Irving, Texas, and hear an update on the Raiders’ plan to relocate to Las Vegas as part of a stadium deal backed by casino magnate Sheldon Adelson. The Nevada...

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