Greg Papa had a lengthy conversation with Mark Davis after the owners meetings, during which Davis clarified what he wants out of Oakland. Papa related the discussion on The Wheelhouse earlier today (about 14 minutes into the recording). There are some different criteria and some flexibility shown by Davis, which could make the process easier if that pesky funding issue could be figured out. Davis’s wish list:
- Davis could provide $200 million of his own (Raiders) money
- $200 million would come from the NFL’s G-4 program.
- Davis wants a stadium with a 60,000-seat capacity and would like a Super Bowl, which requires a 70,000-seat capacity.
- Davis also said that he (or rather his mother) owns 51% of the team, and can retain controlling interest with only a 20% share. Davis will never give up controlling interest.
- Davis has met/lunched with and likes Lew Wolff.
- Davis continues to prefer that the old stadium be torn down and replaced with a new one. A lengthy lease with the A’s would interfere with those plans.
- Papa hinted that the JPA could provide $100 million in public funding.
- Davis would be comfortable with temporarily moving elsewhere for 2-3 years while a new stadium was being built.
So we have Davis’s 60,000, AECOM’s 50,000, and BayIG’s number, which may be 65,000 or more based on their optimism about the East Bay as a market. Someone’s going to have to put everyone on the same page. I’m at a loss as to who does that or how it gets done. Coliseum City is a complex project to put it mildly. So many different stakeholders make for more variables.