Oakland City Council to vote on Coliseum complex sale
Jul 21, 2026
The Oakland City Council is expected to cast the final vote Tuesday on the sale of the Oakland Coliseum complex for $125 million.
The city owns a 50% interest in the complex. Alameda County, which owns the remaining half, has already approved its portion of the deal.
According to city document
s, Oakland leaders are considering a second amendment to the original agreement that would provide better financial terms for the city.
The deal would also allow for an initial $50 million all-cash sale of the Oakland Arena to the Oak View Group.
Oak View Group co-founder Irving Azoff said the company plans to invest $40 million in upgrades to the arena. ...read more read less