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A´s Will Stay In Oakland

The Oakland Athletics are staying put at the Coliseum. The team extended its lease today through 2007, securing its short-term future in Oakland while it contemplates building a new stadium.

The A´s will pay half-a-million dollars per year in the first three years of the new agreement. The deal also contains three one-year club options through 2010.

A´s owner Steve Schott says the A´s still plan to build a baseball-only stadium in the East Bay as soon as possible.

Many Oakland city officials support a downtown site, but the A´s also are interested in exploring possible sites in the southern suburbs.

The deal is expected to be approved by Oakland officials within the next two weeks. The A´s resume regular season play Thursday, following the All-Star break.