The Raiders, who are scheduled to move permanently to Las Vegas in 2020, and the Coliseum Authority reached an agreement for the team to remain in Oakland for the 2019 season, NFL Network Insider Ian Rapoport reported, via sources informed of the situation. Rapoport added the hope is that the deal will be done and finalized by Wednesday.
"We're optimistic that sometime very soon, we'll be able to bring this to a conclusion," Scott McKibben of the Coliseum Authority told Rapoport.
The two sides are working out details in time for vote by the Coliseum Authority board on either Friday or next Tuesday, and it will include a team option for 2020 if the stadium in Las Vegas is not ready. The next step would be a city council vote around March 15 and then final approval at the annual league meeting in Phoenix on March 24-27. The team option for the 2020 campaign would have to exercised by April 1 of next year.
The timing of Monday's agreement comes at a good time for the NFL.