Raiders owner calls latest Oakland stadium plan “last chance,” or else … something

Vic Tafur of the San Francisco Chronicle sat down with Oakland Raiders owner Mark Davis on Sunday, and just got around last night to posting the bit of the interview where he talked about Davis’s plans for where the team will make its home in the future. Short version: He wants it to be in Oakland, but says talks have “gone silent” and he’s running out of patience.

This one-year extension is really based on the hope that Colony Capital can get something done. I don’t want to call it a last-ditch effort, but it does seem to be the last chance that Oakland is going to get. We can’t continue to play in that stadium, with the baseball field and all of that stuff. The A’s have two years left, and are talking about a 10-year extension. We can’t keep getting pushed off, off, off, off …

And if nothing happens with this “last chance,” then what?

I wouldn’t talk about Plan Bs or anything like that. I don’t want to talk about using someplace else for leverage. If I get something done in Oakland, I am staying.

Cue the paratrooper sketch!

To his credit, Davis does genuinely seem to want to work something out in Oakland (if only because his other options aren’t great), and specifically mentions Concord and Dublin as two sites that probably wouldn’t work for the team. Less to his credit, he still seems to be trying to threaten Oakland into approving a new stadium for him ASAP, even without saying what he’s threatening to do if his demands aren’t met. “It’s all tough stuff,” Davis tells Tafur; I wouldn’t want to be in his shoes, except for the part where those shoes come with a $300 million check from the public if he’s successful, and just with owning an $825 million NFL franchise that he inherited from his dad if he’s not.

4 comments on “Raiders owner calls latest Oakland stadium plan “last chance,” or else … something

  1. Or else Mark Davis is going to furrow his brows in anger until his face muscles eventually give out, duh.

  2. This may be trivial, but isn’t Al’s wife the plurality owner of the team? I don’t recall one mention of Mark Davis writing checks to the IRS and FTB after Al’s shares changed ownership. If your wife inherits your assets, no tax is triggered. If anyone else does, tax.

  3. Al’s stake in the team was through his holding company, A.D. Football, Inc, in conflict with the “no corporate ownership” rule the league has (obviously the league wasn’t going to challenge him on that because they would’ve lost.) League rules say that managing partner has to have 30% of the team (Davis had 47% at his death) but that number can be as low as 20% if a family member or members owns at least 10% and is part of a succession plan. I wouldn’t be surprised if Al ignored that rule and shifted as much of A.D. Football as he wanted to Mark ahead of time. Carol did inherit Al’s share herself, and may technically be the majority owner still, but it’s a family block and Mark controls it.

  4. The tax implications are key for the family being able to keep the team. Carol is the owner currently, as no taxes were triggered upon Al’s death, but they would apply once Carol passes. It is questionable whether the family has enough to pay that bill.