The city and AASEG have signed an amended agreement for the city's half of the Coliseum site, increasing the total from $110 million to $125 million.

In selling the Oakland Coliseum site, the City of Oakland is trying to avoid major spending cuts that could deeply reduce police and fire services to a city in need.

The new deal allows the African American Sports and Entertainment Group to avoid risking its payments amid Oakland’s uncertain financial circumstances.

It is an understatement to say that the stakes are high when it comes to the city of Oakland's sale of the Coliseum site.

The current signed and sealed Coliseum sale deal calls for $63 million to be paid to the city in four installments by the end of next June. But now, Oakland City Councilwoman Janani Ramachandran is expressing deep concerns that the buyer,