A group of Black businessmen and investors have made a $92.5 million bid to purchase the city of Oakland’s stake in the Coliseum site, with the goal of launching the first NFL team that is majority owned by African Americans.

The African American Sports and Entertainment Group is seeking to bring an NFL team back to Oakland after the now-Las Vegas Raiders moved to Nevada when the franchise could not secure a new stadium in the Bay Area.

Continue reading for free

Sign in to read this story and receive the weekly roundup in your inbox.

Or

Success! Your account was created and you’re signed in.
Please visit My Account to manage your account.

Eli covers public health, transportation and state politics for the Bay City News Foundation, serves as the main editor of the Public Health and COVID-19 Information Hub and assists with Local News Matters' social media strategy. He has also previously covered local politics in San Diego County as well as college and professional sports across the Bay Area.