Oakland could've paid a police force with the money it owes the Raiders
Oakland mayor Libby Schaaf has publicly maintained she doesn't want to see the local team relocate.
But privately, it must be increasingly difficult to justify the city's compounding, Raiders-related debt -- particularly when it draws from funds that could help keep its residents safe.
Consider this statistic gathered by the Contra Costa Times: Oakland and Alameda counties, which both assumed the debt from $200 million in Coliseum renovations for the Raiders in 1995, owed the team the financial equivalent of 40 veteran police officers in 2015.
Repayment installations will only increase in future years. By 2025, the final year of payments, the city will owe $12.2 million -- or about 65 police officers.
It's no surprise, then, why the city is so reluctant to enter into another publicly-financed deal. Oakland has a serious crime rate; it sits at a turbulent crossroads for drug trafficking and leads the nation in violent robberies, according to Forbes.
According to FBI crime rate statistics, 15% of Oakland residents experienced some sort of violent crime. The money that could reverse that rate is instead going to the Raiders.
-
2024 NFL predictions: An early look at division winners
2024 NFL free agency tracker: Signings, updates, best players available
2024 NFL Power Rankings: A post-draft look at where every team stands
-
Super Bowl locations, dates for 2025, 2026, 2027
2023 NFL WR rankings: Justin Jefferson leads loaded list of top 10 receivers
If Dak Prescott leaves Cowboys, who are his best suitors in 2025?
-
2024 NFL Draft grades: Analyzing all 32 teams' classes; Who gets top marks?
2025 Super Bowl LIX odds: Chicago's odds shorten after drafting Caleb Williams
2024 NFL Draft QB rankings: Caleb Williams leads top 10 prospects
-
2024 NFL predictions: An early look at division winners
2024 NFL free agency tracker: Signings, updates, best players available
2024 NFL Power Rankings: A post-draft look at where every team stands
-
Super Bowl locations, dates for 2025, 2026, 2027
2023 NFL WR rankings: Justin Jefferson leads loaded list of top 10 receivers
If Dak Prescott leaves Cowboys, who are his best suitors in 2025?
-
2024 NFL Draft grades: Analyzing all 32 teams' classes; Who gets top marks?
2025 Super Bowl LIX odds: Chicago's odds shorten after drafting Caleb Williams
2024 NFL Draft QB rankings: Caleb Williams leads top 10 prospects