Warriors Owners Interested In Buying The A’s; Building Downtown Ballpark

Warriors owner Joe Lacob

OAKLAND | BALLPARK | The Oakland business leaders who are pushing the effort to build a new home for the A’s on the city’s waterfront apparently are not the deep-pocketed investors behind the plan to build a $500 million facility at Howard Terminal. It’s also clear that the cash-strapped city has no funds to contribute to the project — other than land provided by the Port of Oakland. So who is the real money behind the proposal? According to knowledgeable sources, the owners of the Golden State Warriors are part of one of at least three potential investment groups who are interested in buying the A’s and building the new ballpark in Oakland on their own.

The San Francisco Chronicle reported earlier this week that the investor group behind the Howard Terminal ballpark proposal includes former Dreyer’s Ice Cream CEO T. Gary Rogers, Signature Development Group CEO Michael Ghielmetti, Clorox CEO Don Knauss, and former Oakland Planning Commissioner Doug Boxer. Knowledgeable sources tell us that this group is willing to partner with the current Oakland A’s ownership to build a new stadium at Howard Terminal, which just west of Jack London Square and is not far from downtown Oakland. However, A’s co-owner Lew Wolff then told the Oakland Tribune that he has no interest in the Howard Terminal proposal… (with Robert Gammon)

READ THE ENTIRE ARTICLE IN THE EAST BAY EXPRESS

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