AEG Entertainment To Run Oakland Coliseum And Oracle Arena
OAKLAND (KCBS)— Day-to-day operations of the Oakland Coliseum were turned over Monday to the Los Angeles-based AEG entertainment company.
The Oakland Alameda County Coliseum Joint Powers Authority approved a five-year contract with the entertainment giant in a split vote. The firm verbally assured commissioners it was not scheming to find more economically fertile grounds for the A's or Raiders.
Commissioner Nate Miley asked AEG Vice President Chris Wright point blank if it was their intention to poach the franchises.
Commissioner Chris Dobbins, who also happens to be president of the organization Save Oakland Sports, gave his approval after AEG said it had no such intent.
On the losing end of a seven to one vote, Commission Chairman Ignacio De La Fuente said he felt they didn't do a very good job with the language in the contract to prohibit the firm from shopping Oakland's teams around.
KCBS' Tim Ryan Reports:
The Warriors have announced plans to move to San Francisco after a waterfront facility is built.
De La Fuente considers the Warriors gone from Oakland, but Dobbins said a lot can happen over the next few years.
AEG in the meantime has promised one major outdoor concert at the coliseum each year.
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