SAN FRANCISCO (KCBS)— The Oakland A’s have agreed to a 10-year lease extension to keep them playing ball at the Coliseum.
A’s owner Lew Wolff originally said he was ready to take the team elsewhere if the city council didn’t go along with the original agreement.
The deal comes after the Oakland City Council voted to modify a lease that the team had a negotiated with the agency that oversees the park. But does this mean we finally have a done deal?
It was a done deal a while ago as far as the economics go. What we have here is a little bit of face saving by the Oakland City Council.
When the A’s deal first came to them from the [Oakland-Alameda County] Joint Powers Authority, which oversees the Coliseum and actually administers the deals, they were reluctant. They didn’t think that the city and county were getting enough money and that the A’s were getting away with some parking money they owed.