In less than 5 years, John Fisher and the @Athletics will have made $40M in profit on their $85M purchase of half of the Oakland coliseum property - selling it for $125M. With today’s announcement, AASEG’s 50% interest in the Coliseum property is confirmed to be worth $125M… $20M more valuable than the $105M they agreed to pay the City of Oakland for it just last week. The coliseum sale is clearly a great deal for John Fisher and a great deal for AASEG. But is it a good deal for Oaklanders? Check out Empower Oakland’s latest newsletter to better understand the property sale and its implications for Oakland.

Just 5 years ago, Oakland was heralded as a national story for hope. Homicides and nonfatal shootings were down 50%, local businesses were booming, and our diverse population was increasing. We can get there again. This upcoming election is one of the most important in Oakland’s history. On the ballot: - Mayor* - District Attorney* - Majority of City Council (5 of 8) - Majority of School Board (5 of 8) - City Attorney - Alameda County Board of Supervisors *via recall The city’s political future can be decided in just one election. That’s why now is such a critical time to act, and why we are kicking Empower Oakland into the next gear. We are stoked for Oakland’s future. Incredible weather, outstanding location, beautiful urban/suburban vibe, insane diversity, and the best people. Oakland can and should be the pride and joy of California or even the USA. Is this the most consequential election in Oakland’s history?