NEW YORK (KRON) — Oakland A’s owner Lew Wolff says he expects to sign a deal on a ten-year lease with the Oakland-Alameda County Coliseum Authority within the next few weeks.
“We’re having some very good conversations with the Authority in Oakland about an extension,” Wolff tells Bloomberg News. “We’re close enough on the deal points that I think soon we’ll come to a mutual accommodation and have the extension that we need, within the next couple of weeks. It will be a ten year lease and we’ll find out what happens during then.”
Wolff says he opposes a suit by the city of San Jose against Major League baseball which would allow for the A’s to move to the South Bay but insists he’s not looking for other markets for the team.
“We want to stay in the Bay Area,” Wolff adds. “We’re a Bay Area team. We’re not moving to Timbuktu, we’re only talking about a few miles away. We like to save the tradition of the A’s.”
Wolff admits it’s hard to find a new home for the team.
“We’ve spent seven years exploring how we might stay there,” he says. “It’s very difficult in California especially. We’re not looking for public financing because there is no public money to assist us.”
The former co-owner of the Golden State Warriors says he never considered bidding on the Los Angeles Clippers when it was up for sale last month saying he has enough on his plate with the A’s. The interview with Bloomberg comes the day after the Athletics came from behind to beat the Yankees in the Bronx 5-2. He says there is a formula for the team’s success in a difficult economic environment.
“You hire Billy Beane and his group,” he says. “They’ve done a fantastic job. Billy’s an owner and it’s worked out. We like being David to Goliath and we’ve done pretty well.”
Wolff says he has no interest in selling the A’s saying he wants to keep the team in his family.
Lew Wolff Interview on Bloomberg TV
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