The Athletics say they have agreed to a 10-year lease extension to stay in Oakland.
Team owner Lew Wolff said Tuesday that after reviewing several modifications made by the Oakland City Council last week, he has agreed to the terms of the lease to keep the team playing at the O.co Coliseum.
The deal must still be approved next week by the Alameda County Board of Supervisors, who have previously announced its support.
The extension has already been approved by the board of the Oakland Alameda County Coliseum Authority, a government entity that oversees the coliseum. The deal is expected to bring in an estimated $20 million to the city and county.
The Coliseum has hosted the A's since 1968 but the facility has recently had sewage and lighting problems.