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MLB rumors: A's, Oakland to begin negotiations on Coliseum stake sale

The Oakland City Council has reversed course and voted to allow negotiations to begin for the sale of the city's half of the Oakland-Alameda County Coliseum site to the A's, now the lone professional sports team occupying the land, Phil Matier of the San Francisco Chronicle reports.

This comes after the city threatened a lawsuit against Alameda County for attempting to sell its ownership stake in the Coliseum. The suit was dropped at the urging of MLB, as commissioner Rob Manfred insinuated there was a risk of the A's relocating if the legal action continued.

The A's still have aspirations of building a waterfront ballpark at Howard Terminal near Jack London Square.