Menu
Facilities

A's Have Tentative Deal To Buy County's Portion Of Coliseum Site

Alameda County will use the $85M from the A's to pay off its outstanding bond debt on the ColiseumGETTY IMAGES

The A’s have come to a "tentative agreement to buy Alameda County’s half ownership of the 155 acre Oakland-Alameda County Coliseum site" for $85M, according to Phil Matier of the S.F. CHRONICLE. A’s President Dave Kaval said that the team’s "first choice for building a new ballpark is still at the Port of Oakland’s Howard Terminal." Kaval: "We are still 100% committed to the waterfront ballpark at Jack London Square, but this other project in East Oakland is not only good for the city. It’s also good for the A’s." Matier noted the A’s are "looking to keep Oracle Arena and turn the Coliseum into a chopped-down 'roman ruin-like' multisports facility." The site also would include "parks, housing and a technology campus." The county will use the $85M to "pay off its portion of the outstanding bond debt on the Coliseum from the renovations needed" to bring the Raiders back from L.A. in '95. Alameda County Administrator Susan Muranishi said that when adding in other expenses for operating the Coliseum and arena, the county "expects to save" roughly $13M a year. A vote to begin negotiations on the sale is expected to be taken at the Board of Supervisors meeting tomorrow (SFGATE.com, 4/21).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2019/04/22/Facilities/Oakland-Coliseum.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2019/04/22/Facilities/Oakland-Coliseum.aspx

CLOSE