• A report appeared in Chicago newspapers that White Sox owner Bill Veeck had bought the Raiders for $175,000 and planned to relocate them to Chicago
• Veeck and several Raider officials, including Wayne Valley and Chet Soda, quickly said the story was nonsense
• Roger Lapham didn't confirm the story, but did say the team was “for sale at the right price”
• Newly-installed team president Ed McGah added that the team had no intention of moving from Oakland, but did admit that some of the owners wanted to sell out
• He also said that the team's articles of incorporation required that any sale of stock be approved by the entire board of directors, consisting of the team's owners along with attorney William Hayes