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Raiders to Extend Lease Until 2013

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The Oakland Raiders have agreed to remain at the Oakland-Alameda County Coliseum through the 2013 season, according to the Bay Area News Group. The team’s lease had been set to expire at the end of next season. Under the extension, the Raiders would pay Oakland and Alameda County $5 million, along with their annual $525,000 rent. The extension also includes an opt-out clause that would allow the team to leave Alameda County before 2013 – as long it pays the $5 million.