Al Davis has sold 30% of the team the past two years
Posted: Sun Jan 4, 2009 9:43 pm
He sold 20% in 2007, and now is selling 10% more of the team this year... there is hope 
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Al Davis has sold 30% of the team the past two years
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Re: Al Davis has sold 30% of the team the past two years
Posted: Wed Jan 7, 2009 12:02 am
nah there no hope he just doing it to mess with us theres no way al davis will sell the raiders i hope we dont get a new coach because if we do i think we gonna have another 4 12 season and get the 1st pick of the draft again we should just keep cable and see what he can do for us in a full season of play i hoping the raiders make big moves this off season it now or never!
Re: Al Davis has sold 30% of the team the past two years
Posted: Wed Jan 7, 2009 12:45 am
Change would be good! Do you really think it's going to happen?
Raiders say they aren't selling -- or leaving
The Raiders are worth $861 million, 31st amongst 32 NFL teams, according to figures compiled by Forbes Magazine last September.
But that doesn't mean the Raiders are looking to sell a portion of the franchise or move the team back to Los Angeles, team officials said Monday.
The Raiders' financial woes have been the subject of much speculation for some time. When the team failed to agree on a contract with quarterback JaMarcus Russell until the second week of the 2007 season, the Raiders' inability to pay Russell's guaranteed money was rumored to be a reason.
The Raiders denied that then and were back on the defensive after an ESPN report said the team was looking to sell 10 percent of the team to a group led by billionaire C. Dean Metropoulos, who is looking to move a team to Los Angeles.
Fans fearful the Raiders will leave Oakland after the team's lease expires following the 2010 season had their fears heightened by the ESPN report, which cited unnamed sources and did not have any comment from the Raiders.
Raiders CEO Amy Trask said there are "no financial constraints or issues" and that fans need not worry about the team being moved back to Los Angeles.
"That's the danger of unethical reporting," Trask said.
That said, the Raiders aren't raking in cash, even though last year's offseason spending spree might indicate otherwise.
The Raiders are one of the lowest-revenue teams in the NFL. Forbes reported the Raiders' 2007 revenue at $205 million, better than only seven teams.
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Re: Al Davis has sold 30% of the team the past two years
Posted: Wed Jan 7, 2009 6:25 pm
Al Davis needs to die, and quickly. 
Re: Al Davis has sold 30% of the team the past two years
Posted: Fri Jan 9, 2009 1:21 am
The final 10% of the 30% should be finalized before next season. As I understand it, the buying group will only purchase it if the rest of the ownership groups are open to moving back to LA... as of now, they are not, but knowing Al Davis' love for money, he should cave soon.