Oakland Athletics owner Lew Wolff announced yesterday that he’d reached agreement with the Oakland-Alameda County Coliseum Authority on a ten-year lease extension, which includes:
The Oakland Coliseum Joint Powers Authority is scheduled to vote on the lease Friday, after which time the lease details will become public.
Well, alrighty then. The Alameda County Board of Supervisors and Oakland city council will still need to sign off on the deal, so it’s not quite “vote first, ask questions later,” but still.
In fact, according to Oakland mayor Jean Quan, Wolff just made a new counteroffer on Tuesday night that the authority hasn’t had a chance to evaluate yet, and negotiations will continue today. But it sounds like they’re close to resolving such issues as whether the A’s still owe back rent, and what would happen if Oakland decided to tear down the Coliseum to make way for a new Raiders stadium, anyway. Check back tomorrow for further updates.