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A's break off negotiations for lease extension PDF Print E-mail
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Written by The Staff   
Saturday, 16 September 2006 03:30

A'sYesterday, the A's broke off negotiations with the Joint Powers Authority for a lease extension at the Coliseum.

The sides had been working towards an extension date of 2013. The current lease structure is year-to-year and ends in 2007.

As the AP reports (A's break off negotiations for Coliseum lease extension):

"Our hope was to come to an agreement with the JPA before the end of the season," A's owner Lew Wolff said in a statement.

"The adjustment we offered seemed to me to be equitable and, in my mind, did not require months of delay. We will expect the JPA to honor the current agreement just as we have over the years, and continue to focus on finding another baseball-only venue in Alameda County."

The A's, who share the Coliseum with the NFL's Oakland Raiders, have been searching for a suitable location and funding for a new stadium for several years, branching their efforts into the surrounding area after locating no suitable sites in Oakland.

Recently, Wolff said that San Jose is not a relocation option for the A's given the territorial alignment that has the Giants controlling that county. Instead, Wolff has been in negotiations with Cisco Systems for 194 acres of land in Fremont that would allow Wolff to develop a Ballpark Villiage along with a new stadium.

 
 
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