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Elephant Rumblings: A’s agree to pay for Coliseum stake

Related Topics: John Shea

Happy Friday, Athletics Nation!

In 2019, the A’s bought a 50% stake in the Coliseum site from Alameda County in case they needed it as a fallback option for a new stadium. The price was $85 million, and the current balance remaining on the sale is $45 million. Given the team’s abrupt abandonment of its stated intention to remain “Rooted in Oakland,” one might have been reasonably skeptical that owner John Fisher would make good on the team’s obligations.

But yesterday, John Shea at the San Francisco Chronicle reported that the A’s have confirmed their commitment to pay the remainder they owe.