According to the sources the team wants to acquire a 143-acre field close to the former Baylands Raceway Park and put up a privately-funded 36,000-seat ballpark that has an estimated charge of $300 million.
At the present time, this property belongs to the city of Fremont and is leased to high-tech firm Cisco Systems.
Selig declared during the American League Championship Series that he didn't have a problem with the Athletics' moving to Fremont because "that's their territory."
Currently, the A’s have a lease at the McAfee Coliseum through 2010, that includes an option to renew on a year-to-year basis throughout 2013. This Coliseum has been home for the Athletics since they moved to Oakland in 1968, but they haven’t been happy with the stadium since it was restored to be shared with NFL’s Oakland Raiders that were returning from Los Angeles.
