Last Oakland Coliseum JPA Meeting Of 2026 Reports That AASEG Ownership Turnover Date Is Uncertain

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Oakland (ZennieReport.com

Last Oakland Coliseum JPA Meeting Of 2026 Reports That AASEG Ownership Turnover Date Is Uncertain

Buried in the agenda of the Friday December 19th Oakland Coliseum JPA Meeting is this paragraph:

5.a
I.AEG Management Agreement Extension
A resolution has been prepared amending the current management agreement with AEG to December 31, 2026. The current contract is due to expire on June 30,2026. Given the uncertainry of whether the proposed sale of the complex will be consummated by June 30, 2026, the expected date, we recommend that the
agreement be extended an additional six (6) months. The amended agreement provides for a one hundred and twenty (120) days notice to AEG should either proposed purchaser of the complex consummate its transaction before December 3L,2026. There are no other material changes in the proposed amendment

Here is the full agenda:

1. CALLTO ORDER
3. OPEN FORUM
4. APPROVAL OF MINUTES
5. REPOBTS
5a. I.AEG Management Agreement Extension
2.SMG (Savor) Stadium Concession License Agreement
3. tevy Arena Concession ticense Agreement Amendment
4. Resolution Authorizing Reimbursement of Encess Funds to Crty and Counry
5b, General Manager Report
6. NEW BUSINESS
1. RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND ENTER
INTO ATHIRD AMENDMENTTO THE COLISEUM COMPLEX MANAGE]-IENTAGREEMENT
WITH AEG MANAGEMENT oAKLAND, LLc, FoR A TERM THRoUGH DEGEMBER 31, 2a26
2. RESOLUTION AUTHORIZTNG THE EXECUTIVE DIRECTOR TO NEGOTIATE AND
ENTER INTO A FIRST AMENDMENT TO CONCESSION LICENSE AGREEMENT WITH
sMG FOOD AND BEVERAGE, LLC (CONCESSION LICENSEE) FOR THE OAKIAND
ALAMEDA COUNTY COLISEUM STADIUM, WITH A TERM THROUGH DECEMBER 31′
2O26,WITH PAYMENTS TO CONCESSION LICENSEE OF 2.5O/O OF GROSS RECEIPTS
3. RESOLUTION APPROVING THE SECOND AMENDMENT TO THE ARENA
CONCESSION LICENSE AGREEMENT WITH LEVY PREMIUM FOODSERVICE
LIMITED PARTNERSHIP FOR FOOD AND BEVERAGE CONCESSION SERVICES
IN THE OAKLAND ARENA
4. RESOLUTTON AUTHORIZING A REIMBURSEMENT OF EXGESS OPERATION FUNDS
FOR FISCAL YEAR 2024.2025 TO THE CITY OF OAKLAND AND TI{E COUNTY OF
ALAMEDA FOR A PORTION OF THEIR SUBSIDY PAYMENT IN THE TOTAL AMOUNT OF
$6,730,000
7. ADJOURNMEN

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