Now that the A’s have the not-heavy-lifting passage of AB 734 completed, we can focus on next steps.
That means the financial part of the deal. Besides picking the site (Howard Terminal or the Coliseum), the A’s have to arrange a deal to either lease or purchase the land. Andy Dolich thinks that the A’s will make a play for both, using one to offset the cost of the other.
When the green and gold can’t access enough infrastructure gold from the city, county and Port of Oakland, they might introduce their Hidden Ball Trick.
It goes something like this: You (public entities) pay for Howard’s infrastructure with this ball over here, and we (the A’s) and a DTBNL (Developer to Be Named Later) will pick up your debt load of $137 million on the Coliseum. Of course, you’ll have to make us the exclusive owner of that site.
Any guesses as to whether or not that’s an even trade? When the community activists start to speak out, we’ll soon find out the answer.