Raiders’ Deal OKd by Alameda County : Football: Supervisors approve latest attempt to get team back in Oakland.

Alameda County supervisors today approved the latest deal to lure the Raiders football team back to Oakland, but board members conceded public perception could hurt chances of success for the $127-million proposal.

The board also approved a new lease agreement with the Oakland Athletics baseball team.

“This is a good deal for the Raiders and the community, and it’s also a good deal for the A’s because they will reap the advantages of an improved stadium at no cost to the team,” board Chairman Don Perata said after the 4-1 vote on the proposal.

But Supervisor Ed Campbell, who had expressed concern over the previous failed deal, said public perception about the lure-the-Raiders plan is “that we’re dealing with a tough organization . . . and ‘how can we possibly get a deal with (Raiders owner) Al Davis?’ ”

“Everybody thinks we’re going to get trounced again.”

However, Campbell said there are benefits in the new 1,000-page deal for the county and the city, which have been trying to bring back the club that left the San Francisco Bay Area 12 years ago.

“Guarantees (for ticket sales) have been removed, and public money is not jeopardized,” he said.

The proposed deal also has benefits for local government leaders, according to the San Jose Mercury News. The newspaper reported that East Bay officials set aside 100 prime football seats for themselves as part of the deal, although they already have four $50,000 sky boxes at their disposal. The seats are worth $60,000-$70,000 each annually.

Under the previous deal, which the Raiders had accepted before local residents objected, the team was offered more than $600 million in ticket guarantees, which put the city’s general operating fund at risk.

According to the latest deal, Oakland and Alameda County would sell $127 million in bonds to raise money to lend the Raiders for renovating the Oakland Coliseum and for relocation and related costs. The bonds would be repaid over 15 years with proceeds from ticket sales, stadium club memberships and team rent payments--$500,000 a year.

The deal calls for the return of the football team by 1992, but Perata said it might happen sooner than that.

Jack Brooks, a Raider partner and chief negotiator for an Oakland deal, has been coy about whether the club will accept the proposal.

“We’re not going to make any decision on anything until it’s fully approved by all three agencies involved,” said Brooks, a Fremont developer.

The Oakland Coliseum Commission approved the deal Friday. The City Council, which gave initial approval to the proposal last week, was scheduled to take a final vote on the deal tonight.