The Oakland A's have agreed to sell their interest in the Coliseum site to the African American Sports and Entertainment group, the same group that recently bought the City of Oakland's half. It's a deal, but it has an enormous way to go.
The Oakland A's have agreed to sell their interest in the Coliseum site to the African American Sports and Entertainment group, the same group that recently bought the City of Oakland 's half. It's a deal, but it has an enormous way to go.The African American Sports and Entertainment Group agreed to pay the A's $125 million for the other half of the Coliseum property. That's $20 million more than Oakland got for its half.
What's real?"He put the purchase price in perspective. "This is just an ante in terms of looking at a card game. It seems like a lot of money; not really when you're talking, at least on paper, in statements that I've read, a $5 billion development," said Dolich.Chris Dobbins is a former member of the Coliseum Authority board and is a member of SOS, Save Oakland Sports.
News Us Ca Alameda County Oakland Us Ca Mlb
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oakland A's reach $125M deal with local group to sell its portion of ColiseumIn a statement, the team said it is pleased to have reached this deal with the African American Sports and Entertainment Group that can help 'provide substantial opportunities and benefits for Oakland.'
Read more »
Oakland A’s agree to sell Coliseum share to Black-led development groupIt paves the way for the African American Sports and Entertainment Group to have full ownership of an important piece of East Bay real estate, including the baseball stadium, arena and vast space i…
Read more »
Oakland Athletics agree to sell stake in Coliseum complex to private development groupThe Oakland Athletics have agreed to sell its stake in the Coliseum complex to private developer African American Sports & Entertainment Group for $125 million, the developer announced Monday.
Read more »
Oakland A's to sell stake in Coliseum to local Black development groupThe Oakland Athletics has reached a tentative agreement to sell its half of the Coliseum to a private Black development group for $125 million.
Read more »
Oakland A’s to sell stake in Coliseum to local Black development groupSAN FRANCISCO (AP) — The departing Oakland Athletics has reached a tentative agreement to sell its half of the Coliseum to a private Black development
Read more »
Oakland inks deal to sell Coliseum to Black-led private development groupBy selling its share of the site, the city hopes to resolve a $177 million budget shortfall without layoffs.
Read more »