Mark Davis: We want to be here

ALAMEDA, Calif. -- Raiders owner Mark Davis emphasized his desire to keep the franchise in Oakland but still has no idea where the team will be playing in 2016.

Speaking with reporters following Wednesday's news conference to announce the hiring of head coach Jack Del Rio, Davis said he expects to sign a one-year extension with the Coliseum shortly. Beyond that, however, the situation remains uncertain.

"We are trying to get something done here, so we're signing another one-year extension," Davis said. "Plus our fans proved to us that we should be here. We want to be here."

The problem is that the Raiders play in one of the oldest facilities in the league. The Coliseum was opened in 1966 and underwent a renovation in 1995, yet it is an eyesore that continues to be plagued with a variety of issues. Oakland also is the only NFL franchise to share facilities with a major league baseball team -- forcing the Raiders to play their early home schedule on a field partially covered by a dirt infield.

Davis has spent time meeting with reps from San Antonio and continues to discuss a potential return to Los Angeles. His preference, however, is to keep the team in Oakland, and he has had preliminary talks with new mayor Libby Schaaf.

"We're not using any other place, city or whatever, as leverage," Davis said. "It's not that way. It's known that no matter what we do here, it will not be as valuable or economically as great for the Raiders as if we went somewhere else. That's known. But we still want to be here."

There had been talk that the Raiders could inherit a stadium that was part of San Francisco's proposal bid to host the 2016 Summer Olympics. The U.S. bid was ultimately awarded to Boston.

Davis remains hopeful of getting a long-term deal in Oakland. He said the team is willing to spend $300 million, with another $200 million coming from the NFL. According to Davis, that leaves the team about $500 million shy of what it needs to get a new stadium built.

When told it cost the 49ers $1.3 billion to build Levi's Stadium, Davis chuckled.

"We're not building ... we don't need to build a ... I don't know what you'd call it but we don't need to build that kind of stadium," Davis said.

He also left open the possibility of signing another one-year extension in Oakland, provided he sees some movement in negotiations with the city and county.

"You never know," Davis said. "I don't want to. I want to get something permanent for this franchise."