August 4, 2021

Athletics Reach Deal To Acquire Share Of Coliseum Site (MLB Trade Rumors)

The Athletics have reached a major milestone in their never-easy effort to procure a new ballpark. Alameda County has formally approved an agreement to transfer its share of the Coliseum site to the team, Sarah Ravani of the San Francisco Chronicle reports.

Once fully finalized, this deal will constitute the foundation for one of the two major pillars of the A’s stadium plan. With partial ownership of the sprawling Coliseum site, the team can begin pursuing a redevelopment plan for its current home. That effort would coincide with and support the construction of a new playing facility at Howard Terminal.

With so many balls in the air at one time, this represents a major step. A’s CEO Dave Kaval labels it “a big deal.” Ravani, who has covered this matter exhaustively, says the agreement’s culmination “all but secur[es] the baseball team’s future in the East Bay.”

The Coliseum sale was the result the county and team clearly preferred, so in that sense it isn’t surprising….

Read “Athletics Reach Deal To Acquire Share Of Coliseum Site” at MLB Trade Rumors