Oakland Athletics owner Lew Wolff says the club has reached a 10-year lease agreement with the Oakland-Alameda County Coliseum Authority to stay at the Oakland Coliseum.

The deal that would run through 2025 is subject to approval by the Coliseum Joint Powers Authority, which is scheduled to vote on the extension Friday.

The City of Oakland and Alameda County Board of Supervisors also would have to approve the deal.

Bud Selig commended both sides for reaching a deal on a lease extension, while offering, "I continue to believe that the Athletics need a new facility and am fully supportive of the club's view that the best site in Oakland is the Coliseum site."