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A’s agree to 10-year lease to stay in Oakland

Oakland Athletics' Josh Donaldson (20) is welcomed after hitting the game-winning three-run home run off Baltimore Orioles' Zach Britton in the ninth inning of a baseball game Friday, July 18, 2014, in Oakland, Calif. Oakland won 5-4. (AP Photo/Ben Margot)
Oakland Athletics' Josh Donaldson (20) is welcomed after hitting the game-winning three-run home run off Baltimore Orioles' Zach Britton in the ninth inning of a baseball game Friday, July 18, 2014, in Oakland, Calif. Oakland won 5-4. (AP Photo/Ben Margot) Oakland Athletics' Josh Donaldson (20) is welcomed after hitting the game-winning three-run home run off Baltimore Orioles' Zach Britton in the ninth inning of a baseball game Friday, July 18, 2014, in Oakland, Calif. Oakland won 5-4. (AP Photo/Ben Margot)

By Associated Press 3 min read

OAKLAND, Calif. (AP) – The Athletics have agreed to a 10-year lease extension to stay in Oakland, the team and city officials announced Tuesday.

After reviewing several modifications made by the Oakland City Council last week, team owner Lew Wolff said he agreed to the terms of the lease to keep the team playing at the Oakland Coliseum.

The deal must still be approved by the Alameda County Board of Supervisors on July 29. The board has previously announced its support.

The extension already has been approved by the board of the Oakland Alameda County Coliseum Authority, a government entity that oversees the coliseum. The deal is expected to bring in an estimated $20 million to the city and county.

“We appreciate the cooperation and efforts of Oakland city officials in this process and are optimistic that our negotiations have led to a fair and mutually-beneficial relationship,” the A’s said in a statement. “Most of all, we are happy for our great fans who, pending the county’s vote, will know that the Oakland Athletics will continue to play its games at O.co Coliseum.”