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Oakland, County Weigh $1.3B Raiders Stadium Financing Deal

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SAN FRANCISCO (AP) — City and county officials are expected to vote Tuesday on a deal for a $1.3 billion new stadium that supporters hope will keep the Oakland Raiders in town.

If the Alameda County Board of Supervisors and the Oakland City Council approve, administrators could then negotiate a formal agreement for a stadium project that includes $350 million in public money.

Team owner Mark Davis already committed to moving the Raiders to Las Vegas, where a $1.9 billion stadium project has been approved. Oakland Mayor Libby Schaaf vowed to continue working on a counter-proposal to try to keep the team in Oakland.

A move to Nevada is not certain, although a vote by the NFL on whether to allow the move is possible as soon as January. The Raiders must get approval from 24 of the 32 NFL owners to move.