The Oakland Raiders announced on Thursday that the team signed a one-year agreement for the 2016 season to continue playing at O.Co Coliseum.
Owner Mark Davis confirmed that the team would also have the option to extend the lease through 2017 and 2018, per Jimmy Durkin of the Bay Area News Group. He also added that the team would be paying an increased rent, though the fans wouldn't see a rise in ticket prices, according to Scott Bair of CSN California.
Davis called the deal a "win-win," per Levi Damien of SB Nation.