{"id":366054,"date":"2026-06-18T18:37:12","date_gmt":"2026-06-18T18:37:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/366054\/"},"modified":"2026-06-18T18:37:12","modified_gmt":"2026-06-18T18:37:12","slug":"new-potential-buyer-emerges-for-oakland-arena-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/366054\/","title":{"rendered":"New potential buyer emerges for Oakland Arena"},"content":{"rendered":"<p><a data-ylk=\"elm:icon;slk:Fox local;\" href=\"https:\/\/www.aol.com\" target=\"_blank\" rel=\"nofollow noopener\"><img alt=\"Fox local\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"pr-2.5 max-w-[150px] max-h-[40px] min-[601px]:max-w-[115px]\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" src=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/232C1E841BC0BB863E0E9B74B574D5BADEBDCEDD7912DF6C56EBCD799BAD61E9\/subgraphmysterio\/resizefill_w0_h40;quality_80;format_webp\/\"\/><\/a>Wed, June 17, 2026 at 1:30 PM UTC<img alt=\"\" fetchpriority=\"high\" width=\"976\" height=\"549\" decoding=\"async\" data-nimg=\"1\" class=\"standard-img w-full w-full h-auto\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/06\/https:\/\/media.zenfs.com\/en\/aol_fox_aggregated_articles_807\/919bb9b3fd03ab99bdd33dedbd150f3d.jpeg\"\/><\/p>\n<p>New potential buyer emerges for Oakland Arena<\/p>\n<p>OAKLAND, Calif. &#8211; A new potential buyer has emerged for the Oakland Arena, matching and exceeding a previous offer for the venue.<\/p>\n<p>Legends Global, the company that has managed the arena since 2012, has submitted an offer of $102.5 million to purchase the facility, the <a data-ylk=\"slk:San Francisco Chronicle first reported.;elm:context_link;itc:0;sec:content-canvas;\" href=\"https:\/\/www.sfchronicle.com\/eastbay\/article\/oakland-arena-coliseum-sale-22305917.php\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">San Francisco Chronicle first reported.<\/a> As part of its proposal, the company is also offering to share a portion of the arena&#8217;s billboard advertising revenue with both the city and the county.<\/p>\n<p>The bid follows action last month by the Alameda County Board of Supervisors, which approved allowing the sale of the arena.<\/p>\n<p>That decision was part of a larger deal to sell the county&#8217;s half-share of the surrounding Coliseum property to the African-American Sports and Entertainment Group.<\/p>\n<p>Legends Global is not the only party interested in the property; an unnamed private equity firm has also reportedly made a $100 million offer for the arena, according to <a data-ylk=\"slk:The Oaklandside.;elm:context_link;itc:0;sec:content-canvas;\" href=\"https:\/\/oaklandside.org\/2026\/06\/16\/how-hot-is-the-oakland-arena-a-second-bidder-has-emerged-to-buy-it\/\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">The Oaklandside.<\/a><\/p>\n<p>The Chronicle reported the third party is Oak View Group.<\/p>\n<p>The Source<\/p>\n<p>San Francisco Chronicle, The Oaklandside<\/p>\n","protected":false},"excerpt":{"rendered":"Wed, June 17, 2026 at 1:30 PM UTC New potential buyer emerges for Oakland Arena OAKLAND, Calif. &#8211;&hellip;\n","protected":false},"author":2,"featured_media":366055,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[57536,69079,143,72842,145,144,8209],"class_list":["post-366054","post","type-post","status-publish","format-standard","has-post-thumbnail","category-oakland","tag-alameda-county-board-of-supervisors","tag-legends-global","tag-oakland","tag-oakland-arena","tag-oakland-headlines","tag-oakland-news","tag-san-francisco-chronicle"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/366054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=366054"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/366054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/366055"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=366054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=366054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=366054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}