Sharks near agreement to stay at SAP Center, their home since 1993-94

SAN JOSE, Calif. -- The San Jose Sharks are close to finalizing an agreement to extend their lease at the SAP Center.

Chief operating officer John Tortora issued a statement Monday saying the team is confident the new lease will be finalized with the city shortly. The team's current lease expires June 30, 2018.

Tortora says team owner Hasso Plattner is committed to San Jose for the long term and wants to play in the arena that bears the name of the company he co-founded.

The Sharks moved into their current arena before the 1993-94 season after playing their first two seasons at the Cow Palace in Daly City.