State Controller John Chiang found Thursday that San Jose’s Redevelopment Agency improperly transferred $148.1 million for projects that included land to be given for an Oakland A’s ballpark, but a city official said the ruling does not jeopardize the stadium deal.
Oakland A’s owner Lew Wolff reiterated Thursday that his team needs a new home in the Bay Area and, after looking at the options, he thinks the best choice is San Jose.
KCBS, CBS 5 and Chronicle Insider Phil Matier said the team is working on a new lease that could mean they’ll stay in Oakland for a few more years.
Confidence is the key word in San Jose, where local leaders say they’re not concerned about rumors of a new baseball stadium proposal coming out of Oakland.
Lew Wolff said he is frustrated but will let Major League Baseball take its course regarding a possible move to San Jose.
Putting their money where their rooting interest is, some major East Bay companies say they’ll support building a new stadium to keep the A’s from leaving Oakland. In fact, they’re even willing to buy the team to keep its current owners from moving it to San Jose.
After three years, the Oakland A’s have become impatient for a decision from Major League Baseball on whether the team can move to San Jose.
Two investment groups have reportedly expressed serious interest in buying the Oakland Athletics and keeping the team in its current home.
The Planning Commission on Wednesday denied an appeal to block construction because of concerns about the bright lights and noise that would emanate from the 18,000-seat stadium.
Oakland Athletics owner Lew Wolff said Wednesday that indecision by Major League Baseball over whether his club can move to San Jose has been “excruciating” but that he believes the process is finally nearing an end.