Why Oakland, Alameda County aren’t clamoring to keep the Raiders
http://www.sfgate.com/bayarea/article/Why-Oakland-Alameda-County-aren-t-clamoring-to-6281780.php
Raiders owner Mark Davis and his colleagues at the NFL might have to wait a long time to hear from Oakland and Alameda County on a plan to help finance a new $900 million stadium.
Thats because elected officials are in no hurry to help the team close a $400 million funding gap, partly because taxpayers in Oakland and Alameda County are still paying millions of dollars a year for the Coliseum renovations that lured the team back in the mid-1990s. And that debt wont be paid off until 2026....
If Davis was looking for public subsidies to help pay for a new Oakland stadium, he may be out of luck. The Raiders announced plans in February to build a $1.7 billion stadium in Carson (Los Angeles County) along with the San Diego Chargers. But the announcement did little to create a sense of urgency among East Bay civic leaders....
In Alameda County, Supervisor Keith Carson offered this opinion when asked whether he would support public funding for a new Raiders stadium: If my income has gone down, and my housing costs have gone up, it doesnt make sense for me to go out and buy a new car. And, he added, it definitely doesnt make sense to buy a new car if Im paying an existing car note.