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That’s because the Raiders attempted to have that payment not considered a revenue enrichment. That so-called “non-recourse loan” was determined by the California Court Of Appeals to have not been that, and because the NFL Bylaws and Constitution was written such that what was givne to the Raiders was a payment and not a loan. In that, this would not be the first “relocation fee” the Raiders has to pay the NFL – that would be the $64 million “non-recourse loan” that was poid by the City of Oakland and the County of Alameda (which later formed the Oakland-Alameda County Coliseum’s then-new joint powers authority in 1995). The request for compensation would focus on the $370 million relocation fee that the Oakland Raiders will owe the National Football League for the Las Vegas Relocation. On June 26th 2018, I wrote the following in an Oakland News Now blog post: I took up the matter of the report’s language in a post regarding what was at the time a possible lawsuit around the relocation of the Oakland Raiders to Las Vegas, thus becoming (by location and new organization) the Las Vegas Raiders. What that idea expressed in the media came from was the constantly-repeated auditor’s paragraph in the Oakland Alameda County Coliseum Joint Powers Authority Financial Reports. I elected to step in as one of a handful of people who were involved in the matter then, who are still alive, today. The idea that “approximately $200 million in income/loan accrual from a 1995 loan that Oakland/Alameda County made to the Raiders that was never repaid because it was supposedly non-recoverable” is not correct. The bottom line is different from the way it has been explained in the media, to date. I was there, first, as The Montclarion newspaper columnist (who according to then- Oakland Tribune columnist Monte Poole, broke the story of the Raiders return to Oakland), then as advisor to Oakland Mayor Elihu Harris, with the specific assignment of advising him on all matters of the Oakland Raiders related to our master lease agreement (a topic we still talk about on our many livestream shows on Zennie62 YouTube Channel – like this one).

The information tossed about is not accurate and the idea that the IRS would come after the Raiders is highly questionable, and is provided by people who were not around when the Raiders came back to the Oakland Coliseum in 1995. There is a fair degree of interest in a matter that I’m still rather skeptical about, and that’s the discussion around the 1995 $64 million “non-recourse” loan that was given to the Oakland Raiders as part of a deal to return to OakTown from Los Angeles.