Municipalities everywhere are grappling with the economic fallout of COVID-19. Oakland is no exception. The city is understandably looking everywhere for ways to fill the budget hole.
But it is gravely concerning that the City Council. . .
The amount the A’s are offering is far below market value; some are estimating Oakland’s half-interest in the Coliseum site is actually worth . Having the team buy it to alleviate the city’s financial woes could be a positive move for the city, but only if done right.