MLB Trade Rumors
2:56pm CDT
The City of Oakland released a proposed financial plan regarding development of a potential new waterfront stadium for the Athletics on Friday, reports Sarah Ravani of the San Francisco Chronicle. The A’s are unhappy with the terms, which team president Dave Kaval called a “step backwards” in the disucssions.
The Oakland City Council is set to hold a non-binding vote on Tuesday regarding the A’s proposal for a $12 billion mixed-use development plan, which includes the stadium. A “yes” vote from the Council wouldn’t finalize any sort of development agreement or term sheet, but it would allow the City and team to continue talks regarding the potential construction of a waterfront stadium at Oakland’s Howard Terminal, which the A’s have previously claimed to be the last viable ballpark location in Oakland. A “no” vote from the Council might kill the project entirely, Ravani writes.