Alameda County, CA – Board of Supervisors – Dec 13, 2019
Board of Supervisors • Alameda CountyDecember 13, 2019
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Alameda County Sells Its Stake in the Oakland Coliseum
The Alameda County Board of Supervisors voted unanimously Friday to sell the County's half-interest in the Oakland-Alameda County Coliseum Complex to an affiliate of the Oakland A's for $85 million — a deal that ends decades of public ownership in the aging sports venue while keeping the baseball team's East Bay future in play. The vote came after a parade of labor, clergy, and community leaders urged the Board to lock in enforceable protections against displacement of Black residents as redevelopment takes shape.
- County approves $85 million sale of Coliseum stake to A's affiliate, paid in installments through 2026
- Independent analysis confirms sale price exceeds fair market value and will boost property tax revenues by approximately 85%
- Faith leaders and community advocates demand binding anti-displacement commitments before redevelopment begins
- Union representatives back the deal, citing 615 existing jobs and responsible contractor standards
- Board declares the transaction a historic opportunity to exit the sports business and refocus on core County services
After nearly half a century co-owning one of the Bay Area's signature sports venues, Alameda County is getting out of the Coliseum business.
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