Angela Woodall of the Oakland Tribune has reported that AEG, which stands for Anschutz Entertainment Group, could take over operations of the Oakland Coliseum, where the Oakland Raiders play.
Spectator Management Group, a worldwide entertainment and convention venue firm has been running the Oakland Coliseum for the past 13 years. SMG’s contract expires later this year and a selection committee tasked with choosing whether or not to extend the contract has recommended that AEG take over operations.
AEG currently manages the Staples Center in Los Angeles and its adjacent L.A. Live entertainment complex. Philip Anschutz, the owner of AEG, has been actively trying to secure approval to build a football stadium next to Staples Center in order to bring the NFL back to Los Angeles. Anschutz’s proposal faces competition from businessman Edward P. Roski who wants to build an NFL stadium twenty miles east of Los Angeles in the City of Industry. Neither plan has gained significant traction yet.
In any event, whoever takes over management of the Oakland Coliseum complex will need to undertake significant renovation. The Coliseum was cited by Roger Goodell recently as one of three California football stadiums deemed inadequate when compared to the standards achieved by the rest of the league.