Golden State Warriors agree to 2-year lease extension in Oakland

May 10, 2017 5:50 PM ET

OAKLAND, Calif. (AP) -- The Golden State Warriors have agreed to a two-year lease extension to remain at Oracle Arena in Oakland before a planned move to San Francisco for the 2019-20 season.

The Joint Powers Authority that controls the arena said Wednesday that the deal includes options that the team can exercise for up to three additional seasons in case the proposed move across the bay is delayed.

The deal includes an unspecified rent increase and must still be approved by the Oakland City Council and Alameda County officials.

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