Coliseum Authority offers 10-year lease to the Athletics to say at Coliseum

April 23, 2014

The Coliseum Authority offered a 10-year lease to the Oakland Athletics to remain at the O.co Coliseum through 2024.

The Coliseum Authority offered a 10-year lease to the Oakland Athletics to remain at the O.co Coliseum through 2024.

“We wanted to send a clear statement to the A’s, the fans, Lew Wolff, and Major League Baseball that we want the A’s at the O.co Coliseum and want to keep baseball in Oakland,” said Coliseum Authority Chairman and Alameda County Supervisor Nate Miley.

“A ten year extension, lasting through the 2024 season, gives the team a place to a call home and our fans and sponsors a window to continue investing their time and passion in this team. We are also working to ensure this deal safeguards county and city taxpayers. We are meeting the A’s management where they say they want to be and hope to conclude these negotiations quickly,” he added.

A ten year extension, lasting through the 2024 season, gives the team a place to a call home and our fans and sponsors a window to continue investing their time and passion in this team.

However, the A’s issued a statement later in the evening rejecting the lease. The team stated, “The A’s received the Oakland-Alameda County Authority’s proposal earlier this afternoon. While the proposal was for 10 years, it did not address all of our issues. Consequently, we cannot accept the terms of the offer. We have tried to negotiate in good faith for the past several months. As the Authority knows, it is still our preference not to negotiate this agreement through the media.”

Source

Chron, Beyond. Coliseum Authority Offers A’s a 10-Year Lease to Stay in Oakland. Public CEO, 2014.

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