Raiders Given an Ultimatum by Oakland : Pro football: Davis must say yes or no by 5 p.m. today or deal to regain the team most likely will be dead, officials say.

Oakland authorities have given Los Angeles Raiders owner Al Davis until 5 p.m. today to decide whether he will return the team to Oakland.

If Davis doesn’t say yes, a meeting Monday, at which the City Council and the Alameda County Board of Supervisors are supposed to formally approve the deal, will be canceled, said Oakland Mayor Lionel Wilson and Don Perata, chairman of the county board.

Perata added that if the meeting is canceled, he believes the Oakland offer to the Raiders will be dead, leaving Davis negotiating only with Los Angeles Coliseum representatives on future playing arrangements for his team.

“I believe that I will receive the assurances that I have asked for, that (Mayor Wilson) has asked for, which will allow us to go into the Monday night meeting with the knowledge and assurance that if we vote to return the Raiders . . . we will have a deal,” Perata said.

“It is now coming down to just a single word answer from Mr. Davis, yes or no,” he said.

Wilson, at a late afternoon news conference, said Davis’ verbal assurance the team is moving would suffice for the governing bodies to approve the deal. “If I submit the proposal to my council, you’re going to be damn sure that the Raiders are coming,” the mayor told reporters.

At the Raider offices in El Segundo, Davis had no comment. Faced with a deadline last week for stating his intentions on moving his team to Sacramento, Davis refused to do so and allowed a Sacramento offer to his team to expire.

As Oakland tried to force the Raiders’ owner to commit himself, talks continued to keep the team in Los Angeles. But no progress was reported after a Wednesday night meeting between Davis and Ed Snider, head of Spectacor Management Group, representing the Los Angeles Coliseum’s private managers.

In Oakland, Wilson said a Raiders “contact” told him that Snider’s offer of advance money to the Raiders, which the team could keep if Los Angeles was unable to keep its promise of renovating the Coliseum, had been rejected by Davis.

Snider, who could not be reached Thursday, was reported by a source close to him to think that Los Angeles has more time to barter.

This may be, Perata said Thursday, but if Los Angeles does have more time, it will mean the Oakland deal is off.

Perata said Oakland authorities are determined not to be placed in the same position as Sacramento officials, where they approved partial city financing for a Raiders move only to wait months without confirmation from Davis about the move.

Perata said Oakland officials notified Davis of today’s deadline at a closed-door meeting with him there Tuesday night.

“I very clearly set forth for Davis our timetable and why we considered it irrevocable,” he said. “He understood it. He said he understood our position.”

The Oakland offer--including a franchise fee to be paid the team, guarantees of $28 million a year in ticket revenues, other fees and $53.5 million to expand the Oakland-Alameda County Coliseum--totals $660 million. City officials notified Davis this week, however, that $53.5 million might not be enough to fully finance the projected stadium expansion, and they asked the Raiders to pay the rest of the costs.

Perata said Thursday the remaining costs, however, are now estimated to be as little as $1 million. He said the Raiders had told him that, if the team returns to Oakland, it would pay the costs.

The Los Angeles offer to Davis reportedly includes about $70 million as a franchise fee, guarantees of a new or renovated Los Angeles Coliseum and an undisclosed slice of revenues from luxury boxes and club seating to be constructed at the Coliseum.

Davis is said to be asking for staggered payments totaling $15 million in advance and during construction to guarantee that Los Angeles will follow through with its promise to revamp the Coliseum. The renovations would involve private, not public, money.

Los Angeles Coliseum Commissioner Richard Riordan said Thursday he believes it will take two more weeks to sign an agreement keeping the Raiders in Los Angeles.

However, he said, if Davis “buckles under the pressure at Oakland, I can only wish him the best and will look forward to two more years of the Raiders being in Los Angeles” while the stadium expansion takes place in Oakland.

Irving Azoff, a Los Angeles Coliseum private management representative, speculated Thursday that Davis may say yes to Oakland since the Los Angeles talks seem to be moving slowly.