SAN JOSE (CBS/AP) — San Jose is giving the Oakland Athletics up to two years to buy 5 acres of land downtown for a new stadium.

The City Council voted 10-1 on Tuesday to approve extending the land-purchase option to the team. Under the deal, the A’s would pay $50,000 to lock in a $6.98 million price tag for the 5-acre plot for the next two years.

The team could pay an additional $25,000 to extend the purchase option for a third year.

The A’s hope to build a new ballpark in San Jose, which is about 40 miles south of their current home. But they need Major League Baseball’s approval since the San Francisco Giants currently hold territorial rights to the San Jose area.


(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)




Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

More From CBS San Francisco

Get The New CBS SF Bay Area Local App
LIVE: Monday through Friday from 3am – 3pm PST

Watch & Listen LIVE