Oakland could be close to a settlement in a suit over use of land at Howard Terminal that could free up space for an Oakland Athletics stadium, or could be not so close. I’ve already spent valuable vacation time this morning trying to understand the proposed Coyotes lease, but the very short version here looks like: Oakland is going to give up $10 million a year in revenue when SSA Terminals moves out, as they were suing to be allowed to do, but will gain control of a large swath of land that it could use for an A’s stadium. If somebody can come up with the money to pay for one. And if Oakland can afford to hand over land to the A’s instead of seeking another tenant who might actually, you know, pay rent.
A’s owner Lew Wolff, for his part, said Wednesday of the Howard Terminal site that “from what we’ve seen, it looks impossible.” Of course, he would say that, since he wants to convince MLB that the only possible solution is to allow him to move to San Jose. It’d be really nice if someone would issue some actual financial numbers to back up any of these arguments, but it looks like that’s still a long, long ways off.