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The Oakland Athletics are exploring locations for a new home, the Major League Baseball team announced on Tuesday.
At issue is whether the California city will approve a proposed waterfront ballpark and mixed-use development, which is expected to cost $12 billion, and the deteriorating state of the team s current venue despite a 10-year lease agreement not ending until 2024. Today, Major League Baseball instructed the A s to begin to explore other markets while we continue to pursue the Oakland waterfront ballpark project, team President Dave Kaval said, adding that the proposed project would create jobs, housing, open parks, and countless community benefits for Oakland residents, and it will set the stage for more World Series titles for our fans. After four years of work, MLB is concerned with the rate of progress with local officials and other stakeholders on our new ballpark efforts.