A’s On Track To Finalize 10-Year Coliseum Lease

Various roadblocks slowed final approval of the Athletics’ 10-year lease agreement with the Oakland-Alameda County Colisum Authority. Now, an agreement has been reached that paves the way to a finalization of the deal, which is expected to keep the club in the O.Co Coliseum for the next decade, as Will Kane and Carolyn Jones of the San Francisco Chronicle report.

Oakland raised various issues after the deal had initially been struck, leading MLB Commissioner Bud Selig to give A’s owner Lew Wolff permission to look for a new home city for the club. But those issues were worked out this week, with Oakland’s City Council joining the Coliseum Authority in granting approval. The last apparent hurdles — approval by the Alameda County Board of Supervisors and a potential re-approval by the Authority — are expected to pose no difficulties, according to the report.

The approximately $20MM deal still permits the A’s to leave the stadium as soon as December of 2017, though they would remain on the hook for the full rental term. Both Wolff and Oakland Mayor Jean Quan have expressed hope in finding a way to build a new ballpark in the relatively near future.


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