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article imageReport: Baseball's A's to stay in Oakland for at least 10 years

By Nathan Salant     Jun 4, 2014 in Sports
Oakland - The Oakland Athletics baseball team is expected to sign a 10-year lease to remain in the East Bay Area city it has called home for the past 46 years.
Co-owner Lew Wolff told a New York TV station Wednesday that the team was "close" to signing a new lease to play at the Oakland Coliseum, now also known as O.co Coliseum.
"We're close enough on the deal points that I think soon we'll come to a mutual accommodation," Wolff said on Bloomberg's "Market Markers" show, according to the San Francisco Chronicle newspaper.
Wolff, who said a new lease could be signed within a few weeks, has long advocated for a new stadium for his team, which has played at the Coliseum since 1968.
"The people we're dealing with now are very intelligent and working with us," he said.
The A's current lease expires after the 2015 season, the newspaper said.
Wolff considers the stadium to be outdated and objects to having to share the facility with the Oakland Raiders football team, the newspaper said.
He has tried to move the team to Fremont, in the East Bay south of Oakland, and to the region's largest city, San Jose.
Oakland has begun offering a series of city-owned properties in an effort to convince the A's to build their own facility in the city.
But Wolff indicated that staying in Oakland and paying for a new ballpark may not be practical.
"It's very hard to implement a facility that's going to cost $700 or $800 million," he said.
But moving his team to San Jose might be even more difficult.
Such a move would require an OK from Major League Baseball because San Jose is within the territory allocated to the San Francisco Giants.
San Jose also is already involved in a lawsuit with the league over antitrust issues, the newspaper said..
"We want to stay in the Bay Area -- we're a Bay Area team," Wolff said.
"We don't want to go to Timbuktu," he said.
But the A's broke off negotiations in April with the Oakland-Alameda County Coliseum Authority, the public agency that runs the Coliseum, in a dispute over back rent.
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