Oakland A's reach 10-year lease agreement with O.co Coliseum
The Oakland A's have finalized an agreement on a 10-year lease at O.co Coliseum, according to The San Francisco Chronicle.
Under the terms of the new lease, the Oakland-Alameda County Coliseum Authority has agreed to address many of the ballpark's issues, including the faulty plumbing. The A's will still be on the hook for their lease payments if they leave Oakland for another city before the contract expires. If they begin play at another facility in Oakland, though, they will not have to pay.
"It looks like we have a mutually agreeable lease transaction that will be subject to the vote of the Board of Supervisors," co-owner Lew Wolff told the Chronicle.
The Coliseum opened in 1966 and is tied with Angel Stadium as the fourth-oldest current major league ballpark.
- Dan Gartland