Oakland Coliseum Sale Could Bring Big Cash | Oakland News

Oakland’s city leaders are eyeing a blockbuster $125 million deal to sell half of the Coliseum complex, unlocking cash and future revenue shares — with $110 million upfront plus 6% of ticket sales, plus another $15 million when construction permits are granted. Backed by Mayor Barbara Lee, the sale aims to fuel jobs and economic opportunity in East Oakland, splitting payments between arena and stadium portions, with $5 million already paid as a deposit. The city and Alameda County each own half, and final approval awaits council review. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/236adb97f33b7f14