The African American Sports & Entertainment Group will soon become the full owner of the Oakland Coliseum, as they bought the City of Oakland's ownership share of the Coliseum earlier this year, and they just bought the other half from the departing Oakland A's.
The sale price is a reported $125 million, which is an improvement over the $85 million the A's paid for that half-ownership stake in 2019.
AASEG has a community-oriented vision for the long-term development of the site and will be strong stewards of the property.
#oakland-coliseum #african-american-sports--entertainment-group #ownership-transfer #community-development #property-deal
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