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A's choose site near Oakland's Lake Merritt for new ballpark

OAKLAND, Calif. -- The Athletics have picked land near Oakland's Lake Merritt as the site for a new, privately financed ballpark.

Team President Dave Kaval said in a letter sent Tuesday evening to the Peralta Community College District that he believes the location presents an opportunity to keep the city's "last professional sports team in Oakland for the long term."

"The A's need a modern venue so that we can put the most competitive product on the field and provide the best experience for our fans," Kaval wrote. The team has been playing at the Coliseum since 1968.