The Mariners were approved for a new 25-year lease at Safeco Field by the Washington State Major League Baseball Stadium Public Facilities District (PFD), the club announced Wednesday.
The new lease agreement takes effect after the ballpark's original 20-year lease expires at the end of this year and includes provisions for two three-year options that could extend the term through 2049.
"We want this ballpark to be our home for the next 100 years," Mariners chairman and managing partner John Stanton said in a statement. "Safeco Field should be to Seattle and to the Mariners what Wrigley Field is to Chicago and the Cubs and Fenway Park is to Boston and the Red Sox.