ESPN.com · Mar 31, 2024
Oakland to present Athletics ownership with lease extension
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The city of Oakland will present Athletics ownership with an offer to extend the team's lease that includes a five-year contract with an opt-out after three years, as well as a requirement the team pays a $97 million "extension fee," according to document obtained by ESPN and KGO-TV in San Francisco on Saturday.
The team and the city will meet Tuesday, the third formal meeting between the two sides since the Athletics received unanimous approval from major league owners to move the franchise to Las Vegas.