The city of Oakland will present Athletics ownership with an offer to extend the team's lease that includes a five-year contract with an opt-out after three years, as well as a requirement the team pays a $97 million "extension fee," according to document obtained by ESPN and KGO in San Francisco.

The team and the city will meet on Tuesday, the third formal meeting between the two sides since the Athletics received unanimous approval from major-league owners to move the franchise to Las Vegas.