Tech Exec Interested in A's: Report

Two groups are rumored to have interest in the Oakland Athletics.

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    NEWSLETTERS

    flickr.com/ztil301
    Keeping the Oakland Athletics in Oakland got a boost when the city council approved funding for renovation of the O.Co coliseum.

    There are two investment groups interested in not only owning the Oakland Athletics, but also in keeping the team in Oakland, according to SFGate.com.

    One group is reportedly headed up by "a longtime executive from a high-profile Silicon Valley company."

    The A's have been trying to relocate to San Jose for several years, but Major League Baseball has been holding back on the move, apparently reticent to violate the San Francisco Giants claim to the South Bay territory. The Giants do have a minor league team already in San Jose.

    The second, Los Angeles-based investment group dropped out of the bidding for the Los Angeles Dodgers -- mostly because that franchise's sale price may approach $1.5 billion.

    An A's spokesman told NBC Bay Area last week, on another story: "We think we're closer now than we were three years ago" to moving the team.

    Perhaps new owners will see the landscape differently.

    The Oakland City Council recently showed its interest in improving the baseball experience for A's fans, which may make it easier for new owners to make financial sense of keeping the team put.