Wednesday August 6th, 2014

Oakland Athletics owner Lew Wolff said Wednesday that the team has begun negotiations with an architect to build a baseball-only stadium at the site of the Oakland Coliseum.

"I've always loved Oakland. I love our fans. But we need a new venue," Wolff said, according to The San Francisco Chronicle. "We're going to make our sincerest effort to do that."

A's ownership is still considering sites outside the city, according to reports.

Last month, the A's reached an agreement on a 10-year lease at the Coliseum, which opened in 1966.

On Wednesday, the The Oakland-Alameda County Coliseum Joint Powers Authority​ finalized its approval of the agreement.

An escape clause in the lease permits the A's to leave the Coliseum after the 2018 MLB season.

The team would still be liable for lease payments if it leaves Oakland before the agreement ends in 2024, but would not have to pay if it moves to another venue in the city.

More: After Cespedes trade, Athletics look to platoons to carry load on offense

- Chris Johnson

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