Good News, Raider Nation! Team To Stay In Oakland Through 2016 Season

The Oakland Raiders will stay at the O.co Coliseum in Oakland for at least one more year while continuing to pursue new stadium options, the team’s owner said today.

Raiders owner Mark Davis joined members of the Oakland Alameda County Coliseum Authority for a news conference this afternoon to announce a one-year lease extension agreement for the team to stay at the stadium.

The agreement also includes two one-year lease extension options following the 2016 season.

The Raiders also announced today that they will not raise ticket prices for the 11th straight year for season ticket holders at the Coliseum.

• Also see: ‘Keep the Faith,’ Raider Nation, About Possible Move, Mayor Says

--Bay City News/ Photo: Oakland Raiders fans display a sign during the game against the Kansas City Chiefs at Arrowhead Stadium on October 28, 2012 in Kansas City, Missouri. (Photo by Jamie Squire/Getty Images)