Oakland

Oakland Raiders Owner Mark Davis Doesn’t Have $500 Million For Las Vegas NFL Stadium

Published

10 years ago

October 16, 2016

On Monday, October 17th, Oakland Raiders Owner Mark Davis will stand with Nevada Governor Brian Sandoval, perhaps Las Vegas Sands CEO Sheldon Adelson, and other local elected officials (The Mayor of Las Vegas Carolyn Goodman has not put out an official statement about the Nevada Legislature signing the bill that would presumably provide the $750 million bond subsidy for an NFL Stadium), the media will write that ‘the Raiders are putting $500 million into the deal’.Watch. Well, the Raiders don’t have $500 million – or even $400 milion – to put into any deal in Las Vegas.

In 2014, at the NFL Owners Spring League Meeting held in Atlanta, and in Buckhead, Oakland Raiders Owners Mark Davis and I started talking about a stadium in Oakland.

It was my first lengthly conversation about anything with Mr. Davis, and so I was excited to have the chance, even after Oakland Raiders Team President Marc Badain was unusually defensive about me doing so, until I reminded him that as a fellow Oaklander with a long history that almost brought them the Super Bowl, we’re all like family. Badain then relaxed and we all had a cool talk.

I assumed Mark Davis knew the architect of the original Raiders Bond Deal that upgraded the Coliseum and even provided for a new headquarters for the team in Alameda, California, Oakland Assistant City Manager Ezra Rapport.

“No, I don’t know who that is,” Davis said. In fact, as we progressed in our conversation, I realized Mark didn’t know anything about the history of the Raiders with respect to relocation or the Oakland stadium situation at the time. But when it came to present day matters, Davis shifted his attitude gears and said “I know I have $400 million for a stadium in Oakland.”

After we finished our talk, I went over to the press conference room and made this video blog to report the news (beating the NFL Network in the process):

And then broke down what the $400 million would consist of:

$200 million in the total amount in amortized stadium revenue from club seats and luxury suites he is willing to part with over a period of years – generally about 15 years to 30 years.
$200 million in NFL G3 (now G4) loan money.

Oakland Raiders Mark Davis Doesn’t Have $500 Million For Las Vegas Stadium

So that, obviously is not money that comes from the Raiders own revenue reserves, and not those of, say, Michaan’s Auctions in Alameda. What’s interesting is, the very next year, that amount jumped from $400 million to $500 million. It wasn’t due to anything other than Mark Davis deciding he was going to add an extra $100 million into the number spiel he was reciting to the media.

So, it was $500 million for San Antonio. And then it was $500 million for Carson. And now it’s $500 million for Las Vegas.

In point of fact, what the Raiders have is nothing, and especially in the Las Vegas case. Zero. And this is so not only because they don’t have a stadium under construction, but they don’t have one even approved. And in the Las Vegas case, the NFL Constitution (and this is noted in several areas of the document) specifically prohibits use of the loan for a project that “involve(s) any relocation of or change in an affected club’s ‘home territory.”

The Raiders “home territory” is Oakland, so from the perspective of the NFL Constitution, Davis can’t even correctly and officially say that the G4 loan money is available to him for the purpose of any Las Vegas Stadium Projects – but it’s certainly there if he works to build a stadium in Oakland.

But in either case, Mark Davis doesn’t have the money – he’s (to use an expression appropriate for Las Vegas) betting on the come.

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Community

Mayor Barbara Lee Holds Special State of the City Address in Deep East Oakland

In partnership with Rise East and the 40×40 Council, Oakland Mayor Barbara Lee held a special 2026 State of the City East Oakland community conversation on Oct. 14. The purpose of bringing a State of the City address directly to the community was to celebrate East Oakland, highli

Published

4 days ago

October 19, 2026

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Oakland Mayor Barbara Lee, left. moderated a community chat with (l.to r.) Selena Wilson, CEO of the East Oakland Youth Development Center; Carolyn “CJ” Johnson, CEO of the Black Cultural Zone; Dr. Noha Aboelata, CEO of Roots Health Center and Greg Hodge, CEO of the Brotherhood of Elders.

By Special to The Post

In partnership with Rise East and the 40×40 Council, Oakland Mayor Barbara Lee held a special 2026 State of the City East Oakland community conversation on Oct. 14.

The purpose of bringing a State of the City address directly to the community was to celebrate East Oakland, highlight the work underway, and look ahead to what neighbors, local businesses, youth, funders, community organizations, and partners can accomplish together.

Held at the Roots Community Health/Parker Elementary School Campus at 7929 Ney Ave., the event was emceed by special guest Mark Curry, Oakland native, comedian, and actor.

Lee shared how Rise East and the 40×40 Council have brought together the knowledge, relationships, and resources of people and organizations committed to East Oakland.

Residents bring lived experience, community organizations bring trusted relationships and philanthropy, and businesses bring resources and opportunity, she said, then turned to the government’s role: public investment, services and policy.

But, Lee intoned, City Hall has a responsibility to help connect those efforts.

“I am committed to listening to residents, working across departments and sectors, and helping open doors to opportunity. We must connect neighborhood priorities to the decisions we make about housing, economic development, safety, health and our young people.

City Hall “must be accountable for the results,” Lee said. “The measure of success is what families experience: greater stability, more opportunity and a stronger sense that they belong and have a future here.

“Tonight is an opportunity to listen to the leaders doing this work, learn what is making a difference and identify where we can do more together,” the mayor said.

Lee went on to moderate a ‘fireside chat’ on the theme: Building Oakland’s Future Together — From Neighborhood Investment to Community Empowerment with:

Selena Wilson, CEO, East Oakland Youth Development Center
Greg Hodge, CEO, Brotherhood of Elders
Carolyn “CJ” Johnson, CEO, Black Cultural Zone
Dr. Noha Aboelata, CEO, Roots Health Center

Mayor Barbara Lee’s media relations department provided this report.

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Community

It’s Time to Lose Weight Before the Holidays

Licensed internist Dr. H. Geoffrey Watson has joined gastroenterologist Dr. Ralph Peterson at Oakland’s MacArthur GI to address the rising obesity epidemic. With U.S. obesity rates reaching 42.4%, the clinic offers supervised weight-loss programs and screenings for fatty liver disease. Treatments include dietary counseling and various medications, such as GLP-1 receptor agonists, which regulate digestion and appetite. As certain populations continue to be disproportionately affected by chronic health conditions, medical experts are highlighting new tools available to help patients reach their goals before the holiday season. Read more.

Published

4 days ago

October 19, 2026

Post News Group

By Special to The Post

Dr. H. Geoffrey Watson, a licensed internist, has joined renowned gastroenterologist Dr. Ralph Peterson at MacArthur GI in Oakland to address obesity, provide supervised weight-loss programs including GLP-1 therapy, and screen for and treat fatty liver disease.

The Obesity Epidemic

Obesity is associated with numerous chronic health problems, including hypertension, diabetes, heart disease, sleep apnea, asthma, depression, joint disorders, fatty liver disease, and high cholesterol. Its causes include genetics, environment, stress, medication side effects, hormonal imbalances, and other factors.

Since 1999, the prevalence of obesity in the United States has risen from 30.5% to 42.4%. Childhood obesity rates are also climbing, with approximately 19.3% of children and adolescents now affected.

Measuring Obesity: Body Mass Index

Obesity is measured using a formula called the Body Mass Index (BMI). You can calculate your own BMI on most smartphones by searching “BMI calculator” and entering your height and weight. A BMI of 25 to 29.9 is classified as overweight, and a BMI of 30 or greater is classified as obese.

Populations Disproportionately Affected

Obesity affects certain populations at higher rates. Among U.S. adults, obesity prevalence is 49.9% in Black adults, 45.6% in Hispanic adults, 41.4% in White adults, and 16.1% in Asian adults.

Treatment Options

A variety of treatments are available for obesity, including dietary counseling, exercise programs, bariatric surgery, and anti-obesity medications.

Common oral medications include:

• Adipex (phentermine): A stimulant that works by suppressing appetite.

• Contrave (bupropion/naltrexone): A combination of an antidepressant and an anti-addiction medication that helps control appetite and cravings.

• Qsymia (phentermine/topiramate): A combination of a stimulant and an anti-seizure medication that reduces appetite and cravings.

GLP-1 Receptor Agonist Therapy

Glucagon-like peptide-1 (GLP-1) receptor agonists were originally approved to treat type 2 diabetes. GLP-1 is a hormone produced naturally by the body that regulates digestion, blood sugar, and appetite by communicating with GLP-1 receptor cells throughout the digestive tract. These medications reduce cravings, appetite, and food intake by influencing the hunger hormones ghrelin, which stimulates hunger, and leptin, which signals fullness.

What We Offer

Drs. Peterson and Watson provide FDA-approved tirzepatide injections, a GLP-1 receptor agonist medication indicated for weight management. Each patient receives a comprehensive history and physical examination to ensure the safety and appropriateness of the medication as part of an overall weight-loss protocol. Dr. Peterson also offers ultrasound screening for fatty liver disease.

We look forward to helping you reach your weight-loss goals and feel your best this holiday season.

H. Geoffrey Watson, M.D., runs the MacArthur GI Clinic at 10520 MacArthur Blvd., Oakland, CA. He can be reached at (510) 562-7467.

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Business

Trader Vic’s Returns to Its Oakland Roots

Trader Vic’s, the internationally recognized brand and birthplace of the original Mai Tai, has officially returned to its roots in Oakland. Originally founded in 1934 on San Pablo Avenue before moving to Emeryville, the hospitality giant has launched Trader Vic’s Outpost at Oakland International Airport’s Terminal 2. The new full-service location offers travelers breakfast, lunch, dinner, and cocktails in a 108-seat space designed to celebrate the city’s status as a top national food destination. Visit the website to read more.

Published

4 days ago

October 19, 2026

Post News Group

Oakland Mayor Barbara Lee cuts the ribbon at the official opening of Trader Vic’s Outpost and Plum Market at Oakland International Airport. She is assisted by U.S. Rep. Lateefah Simon as Port of Oakland Board President Stephanie Dominguez Walton, left, and representatives from Trader Vic's, Plum Market, look on. Photo courtesy of the mayor’s office.

By Special to The Post

Oakland has always been a city of innovators, entrepreneurs, visionaries, and world-class hospitality. Trader Vic’s—the birthplace of the original Mai Tai – first opened in Oakland back in 1934 on San Pablo Avenue, long before becoming an internationally recognized global brand.

More than 50 years after it moved to Emeryville, Trader Vic’s is returning to its roots. Oakland Mayor Barbara Lee touts the return as another victory for Oakland.

“My administration is deeply committed to backing businesses like Trader Vic’s and Plum Market—partners who invest in our city, uplift our local workforce, and support thousands of local jobs,” Lee said.

The latest Trader Vic’s – called Trader Vic’s Outpost – is located at the Oakland International Airport in Terminal 2 near Gate 25 and had a soft opening in August.

With 108 dining seats, 28 bar seats and a counter for standing-room customers, travelers from around the world can have a full-service restaurant and bar experience or take-out for those with planes to catch.

Open from 6 a.m. to 10 p.m., breakfast, lunch, dinner, cocktails will be served.

Trader Vic’s returning to its roots confirms Condé Nast’s decision to name Oakland the #1 Food City in America two years in a row, and just earlier this month, ranked Oakland #6 on their list of Best Cities in the U.S.!

“The opening at OAK is incredibly meaningful for us,” said Rhett Rosen, CEO of Trader Vic’s Hospitality Group, according to the company website. “Trader Vic’s was born in the Bay Area, and this new location gives us the chance to welcome travelers with a taste of that original spirit before they take off. It brings together everything people love about Trader Vic’s — great cocktails, flavorful food, warm hospitality and a little sense of escape — in a place that connects Oakland to the world.”

Trader Vic’s is an Oakland institution and one of the region’s most recognizable hospitality brands, said Port of Oakland Director of Aviation Craig Simon on the web site.

“Travelers are increasingly seeking dining options that are memorable, locally rooted, and uniquely representative of the communities they are visiting. Trader Vic’s delivers all of that while providing a high-quality food and beverage experience for our guests. We are proud to welcome this hometown favorite to Terminal 2,”

The original Trader Vic’s in Oakland:

In 1934, with an investment of $500, Bergeron opened his initially small restaurant at 65th Avenue and San Pablo, serving comfort foods for lunch and dinner and beers and whiskeys. As his clientele grew, so did his restaurant, expanding space and menu options. After visiting this establishment, famed San Francisco Chronicle columnist Herb Caen proclaimed that the “best restaurant in San Francisco is in Oakland.”

There were as many as 25 franchises worldwide, including the U.S. Trader Vic’s is now headquartered in Martinez.