The future of the Oakland Coliseum now comes down to the A's and the city of Oakland.
The Alameda County Board of Supervisors voted Monday to sell its fifty-percent ownership in the 155-acre complex to the A's.
A's president Dave Kaval says he is looking forward to "creating a mutually beneficial partnership with the City of Oakland."
“We are deeply appreciative to Alameda County Board of Supervisors and Alameda County staff for their work on this transaction. We are committed to the long-term success of East Oakland and the Coliseum site” -@DaveKaval— Oakland A's (@Athletics) December 23, 2019
Full statement on today’s vote ⬇️ pic.twitter.com/Clubm7h9RP
The city of Oakland sued Alameda County in September to block the county from selling its ownership in the Coliseum. MLB commissioner Rob Manfred advised Oakland officials in October to drop their lawsuit or risk the A's relocating to another location.
The city since has dropped the suit.
The A’s want to develop the Coliseum site to help pay for a privately financed ballpark, which they have proposed to be built at Howard Terminal near Jack London Square. A proposed "multi-sports facility" at the Coliseum site would include affordable housing and parks, now that the Raiders are moving to Las Vegas in 2020. Mayor Libby Schaaf had been against the sale in the past, but seemed to be moving towards a new direction on Monday.
“My greatest hope is that any sale of public land by the county includes generous community benefits, affordable housing and ensures that the people who will benefit most are the residents of East Oakland,” Schaaf said, via the San Francisco Chronicle.
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The A’s will pay $85 million over six years for the county’s half of the Coliseum complex, Sarah Ravani of the Chronicle reports. The A’s also will cover $5 million per year of the site’s operating costs. Monday's decision begins a 190-day process of review before the sale becomes final.
The sale includes the Coliseum, Oracle Arena -- the former home of the Warriors -- and the surrounding parking lots.