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Founders challenge Coliseum negotiations as county reports progress with Oakland Acquisition Company

Alameda County Board of Supervisors · January 7, 2025
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Summary

Founders of the African American Sports and Entertainment Group publicly objected to negotiations tied to the Oakland Coliseum and said key cofounders were excluded; county counsel reported closed‑session work with the Oakland Acquisition Company and said the board remains committed to closing the transaction while also authorizing a $2.5 million settlement in a separate federal case.

Founders and partners of the African American Sports and Entertainment Group (AASeg) urged Alameda County supervisors on Jan. 7 to halt or delay any action related to negotiations involving Ray Bobbitt and affiliated entities, saying cofounders have been excluded from discussions and that litigation involving some founders makes board action premature.

Kareem Mahamed and Brian Dixon, who identified themselves as cofounders, told the board they were left out of meetings and negotiations and said a lawsuit and arbitration between cofounders remains…

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