There's still a long way to go, but the A's are one step closer to getting a new stadium built in Oakland.

On Wednesday, the Oakland City Council directed the City Attorney to immediately drop Oakland's lawsuit against Alameda County, paving the way for the sale of the Coliseum.

"We are pleased that the Oakland City Council has directed the City Attorney to immediately drop this lawsuit," A's President Dave Kaval said in a team statement. "We are committed to the long-term success of East Oakland and the Coliseum site. We look forward to finalizing our agreement with Alameda County, and creating a mutually beneficial partnership with the City of Oakland."

MLB commissioner Rob Manfred previously had warned Oakland officials in October to drop the lawsuit for fear of losing the team to relocation.

With the lawsuit dropped, the City of Oakland and the A's can move forward on the sale of the Coliseum land, on which the A's intend to develop housing, shops, restaurants and a park that will help fund the Howard Terminal site.