The Oakland-Alameda County Coliseum Joint Powers Authority today finalized its approval of an agreement to extend the Oakland A’s lease at the O.co Coliseum for the next decade.
The O.co Coliseum in Oakland briefly lost power when it was struck by lightning early Tuesday morning, Oakland A’s and PG&E officials said.
The Oakland City Council has called a special session for Wednesday night, and they are expected to vote on the A’s lease deal.
Oakland City Councilman Noel Gallo says his city is close to losing the A’s because the government officials are undecided about agreeing to a 10-year lease deal proposed by the organization.
Oakland City Council is set to meet behind closed doors Monday to go over details of the A’s lease agreement that was approved by the Coliseum board last Thursday.
While stadium officials approved a 10-year lease extension for the A’s at the Oakland Coliseum on Thursday, the deal already appears to be unraveling as some in City Hall, including Mayor Jean Quan are attempting to rework the agreement.
Major League Baseball Commissioner Bud Selig on Wednesday commended the Oakland A’s and Oakland and Alameda County officials for reaching an agreement to extend the team’s lease at the O.co Coliseum but city and county officials said no agreement has been reached yet.
A’s owner Lew Wolff appeared on Bloomberg TV Wednesday and said he expects the team to hammer out a lease extension in Oakland over the next few weeks.
The team rejected a deal to play at the Coliseum, after being offered a 10-year lease extension by the Oakland Coliseum Authority.
The Oakland A’s are shifting their focus from building a new South Bay ballpark to retrofitting the Oakland Coliseum as part of a new 10 year lease agreement.