Oakland Proposes $97 Million Lease Extension to Retain A's Amid Relocation Talks

The offer includes a three-year opt-out clause and demands the sale of the A's Coliseum ownership, as the team explores relocation options including a move to Sacramento.

The City of Oakland has offered the Oakland Athletics a five-year lease extension at the Oakland Coliseum, with an annual cost of approximately $19.4 million, to keep the team in Oakland while their Las Vegas stadium is under construction.
The lease extension offer includes an opt-out option after the third year, and requires the A's to sell their half-ownership in the Coliseum.
Attendance at A's games has significantly dropped, with an average of fewer than 7,600 fans attending the first three games of the 2024 season.
The A's are considering relocating to Sacramento for the 2025-2027 seasons, but face a reduction in their lucrative contract with NBC Sports Bay Area if they leave the main Bay Area TV market.
Sacramento officials, including Sacramento Kings owner Vivek Ranadive, have expressed interest in hosting the A's, potentially positioning Sacramento as a candidate for MLB expansion.

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