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
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