Breaking news. We don't know all the details yet, but Wolff mentioned that with this long term lease, they know they have a home for a while, and will look into some upgrades.
Bud Selig also stated that he wants the A's to eventually have a new ballpark at the current site. This will be beneficial for Oakland-Alameda, MLB, and the Athletics.
It was stated that Howard Terminal and Jack London sights are pretty much out.
Selig: "I commend the Oakland Athletics and the JPA for their efforts in reaching an extension for a lease at O.co Coliseum. The agreement on this extension is a crucial first step towards keeping Major League Baseball in Oakland.
I continue to believe that the Athletics need a new facility and am fully supportive of the club's view that the best site in Oakland is the Coliseum site. Contrary to what some have suggested, the committee that has studied this issue did not determine that the Howard Terminal site was the best location for a new facility in Oakland."
At least the A's are staying in Oakland.
How does everyone feel?
I'm all for a new ballpark at the current sight, as long as it is nice, modern, and fan friendly.
Link here: http://espn.go.com/mlb/story/_/id/11135012/oakland-athletics-reach-10-year-lease-deal-stay-coliseum