Oakland Raiders quarterback Derek Carr (4) throws against the Kansas City Chiefs during the first half of their NFL football game in Kansas City, Mo., Sunday, Jan, 3, 2016. (AP Photo/Reed Hoffmann)
OAKLAND, CA (AP) -
Oakland Mayor Libby Schaaf says she has the framework of a deal to keep the Raiders in town despite talk by the football team's owner that he wants to move to Las Vegas.
Schaaf declined Tuesday to disclose details of the deal reached with an investors group led by former 49er football star Ronnie Lott. She says the group has enough money to bankroll a new stadium.
Oakland has struggled to find a way to keep the NFL team without using taxpayer money for a new stadium. Raiders' owner Mark Davis has said he'd prefer to move the team to Las Vegas, where he is pursuing a $1.9 billion stadium project off the Las Vegas strip.
Any deal will need approval by county supervisors and city councilmembers.
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