Yankees Experiencing Drop-Off In Star Power Lightning Keep Stamkos With $68M Deal Colts Sign Luck To Record $140M Deal Bill Simmons Calls Out Knicks' James Dolan Dolphins Donate More Than $5M To Cancer Center Braves To Open SunTrust On April 13 Franchise Notes Indians' Streak Helps Ticket Sales Shapiro Addresses Rogers Centre Concerns Rapids Formally Introduce Tim Howard
A'S GET CONCESSIONS FROM COLISEUM; WHY WON'T DAVIS SIGN?
Published August 2, 1995
The A's "will receive substantial new concessions under an agreement that won the blessing of Oakland City Council members on Tuesday," according to this morning's SAN JOSE MERCURY NEWS. If the Raiders return: The A's get $11M in cash payments, an advance of up to $2.5M and the right to terminate their lease at the end of the '98 season for any reason. If the Raiders stay in L.A.: The A's get "en even shorter lease." In exchange for a year-to-year agreement, the team would yield its right to $20M of stadium improvements and $2M in annual payments from the Coliseum. The Raiders deal still awaits the signature of Raiders Owner Al Davis, with local opponents hoping to get a March referendum on the team's return. The Raiders agreement has received final approval from both the City Council and the Alameda County Council (Sandy Kleffman, SAN JOSE MERCURY NEWS, 8/2). Yesterday, Kleffman examined the "big question": "When will Al Davis sign on the dotted line?" East Bay officials "insist they aren't worried by the delay," although Oakland Deputy City Manager Ezra Rapport admits "he'll get little sleep until he actually sees Davis sign." Rapport says the two sides are still "ironing out fine points." He declined to reveal specifics, but said he hopes to have matters resolved -- and a signature obtained -- "within the next few days" (SAN JOSE MERCURY NEWS, 8/1).