SBD/June 18, 2014/Facilities

Oakland Postpones Vote On A's Lease Extension As City Officials Seek Amendments

A "seemingly done deal" to keep the A's at Coliseum for up to 10 more seasons has "hit a roadblock as city leaders question whether they are making too many concessions,” according to Matthew Artz of the OAKLAND TRIBUNE. A vote set for Friday to ratify the agreement has been "called of," and the postponement “frustrated A's co-owner Lew Wolff, who thought he had a done deal.” Wolff yesterday in a statement said, "We have made countless concessions, including many requested late last week after we were told we had a deal. We are done negotiating. It is up to them to vote." Sources said that the team has "agreed to several revisions over the past week sought by attorneys representing the city -- a few of which provided additional flexibility" for the Raiders if they build a new football stadium adjacent to the Coliseum. But sources said that the A's have "refused to agree to any amendments that could change the economics of the deal" (OAKLAND TRIBUNE, 6/18).
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