The Oakland A’s will sell its half of the Oakland Coliseum to the investment company African American Sports and Entertainment Group for $125 million, the baseball team announced Monday.

The sale comes after AASEG, which plans to turn the stadium site into multi-use development, signed a deal with Oakland last week to buy the city’s half of the Coliseum for $105 million. The A’s said Monday’s agreement with the development company is pending approval from the Alameda County Board of Supervisors, as the county is still listed on the title of the Coliseum.

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Cole Reynolds is a rising junior at Northwestern University, where he studies journalism and anthropology. He has previously served as managing editor for The Daily Northwestern. In that role, he was part of the team that revealed the extent of hazing on the Northwestern football team — a story that attracted national attention. Outside of reporting, you can find him making fresh pasta, bread or other culinary creations.