Usher Leland Anderson greets fans at the Oakland Coliseum before the Colorado Rockies and Oakland A’s match up on May 22, 2024. The Oakland Coliseum Complex property sale is expected to be completed by February 2026 as purchased by the African American Sports Entertainment Group (AP file photo)
On the Sacramento A’s Relocation podcast Daniel Dullum:
#1 Daniel last Monday Oakland City officials held a vote to delay the closing date of sale for the African American Sports Entertainment Group share of the Oakland Coliseum complex. The delay will be until early 2026.
#2 The sale would go to a group of developers and investors AASEG who are negotiating with Alameda County officials and are in negotiations right now.
#3 If the deal is settled it would sell half of the City of Oakland’s ownership of the 112 acre property that would include the Oakland Coliseum and Arena, administrative offices, the parking lots to the AASEG. The sale was set to be close on May 30th.
#4 Will this deal get done? The deal between AASEG and Alameda County must be approved separately as the A’s own the other half of the Coliseum property. The County had met directly with AASEG in January.
#5 In 2025 AASEG made a deal to buy the A’s half of the Coliseum for $125 million. The approval of the sale needed to be approved by the Alameda county supervisors. The A’s had bought the county’s share back in 2019 for $85 million. Last fall the Oakland City Council approved the sale of the property to AASEG. Last Monday now the City Council voted to delay the sale. Council members Rebecca Kaplan and Ken Houston extended the closing date of the sale so it would align the timeline with the city and county.
Daniel Dullum does the Sacramento A’s relocation podcasts each weekend at http://www.sportsradioservice.com
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