Oakland city sells half of Coliseum to African American Sports & Entertainment Group for $105M.

Oakland city sells half of Coliseum to African American Sports & Entertainment Group for $105M. The sale follows the departure of Oakland Athletics and the relocation of Oakland Raiders and Golden State Warriors from the property. Proceeds from the sale will help fill budget shortfalls and facilitate a proposed sports and entertainment destination site, affordable housing units, and community benefits in East Oakland.