Welcome to Thursday, Athletics Nation!
We got news yesterday that the Athletics are looking into dumping their share of the Coliseum to an interested buyer, the African American Sports and Entertainment Group. The two groups are expected to meet sometime next week to begin negotiations on a deal that would see the group buy the Athletics’ half of the complex. The other half is owned by the City of Oakland, which has expressed interest and optimism in the AASEG’s redevelopment plan.
The Athletics bought 50% of the property from Alameda County way back in 2019 for a total of $85 million, back when they (supposedly) still wanted to build a new ballpark in Oakland.