The African American Sports Entertainment Group has purchased the second half of the Oakland Coliseum from the Sacramento A’s for $125 million. AASEG plans to do a $5 billion renovation of the Coliseum Complex as announced on Tue Jul 29, 2025 in a press conference at the Coliseum. (ABC Sky 7 News still)

Sacramento A’s Relocation podcast Daniel Dullum:

#1 The team formerly known as the Oakland A’s received approval on Tuesday to sell $125 million it’s share of the Oakland Coliseum to the African American Sports Entertainment Group. AASEG had bought the A’s half and previously had bought the other half of the Coliseum from Alameda County.

#2 The Alameda County Board of Supervisors took it to a vote and voted unanimously to approve the sale and plan to transfer the ownership for major sports and entertainment to AASEG who are focused on community development.

#3 After years of waiting the sale finally brings years of waiting to conclusion and the sale is expected to close on June 30, 2026. The CEO of Loop Capital James Reynolds who is the financer for AASEG said, “We are pleased to achieve this long awaited milestone.”

#4 Currently the Oakland Coliseum is hosting three teams-two sports. San Francisco Unicorns Cricket, the Oakland Soul (USL W League), and the Oakland Roots (USL M League). There is no doubt the AASEG plans to build at the Coliseum it’s just too bad they can’t get another MLB team there.

#5 Oakland Supervisor Nat Miley said at the press conference on Tuesday for the announcement of the Coliseum sale to AASEG that the loss of three professional is heartbreaking, that losing the A’s, Raiders, and Warriors is something that Miley couldn’t have imagined.

Join Daniel Dullum for the A’s Relocation podcasts each Sunday at http://www.sportsradioservice.com

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⚡Craft cocktails? Check.
🔥Game-day bites? Oh yeah.
🏟️Steps from Golden 1 Center? You bet.

Open daily, Cyprus Grille is serving up local flavor with a front-row seat to the action. Stop by before or after the game—or make it your new downtown hangout.

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Happy Hour – 4pm-6pm

Show your ticket for additional discounts when dining in.