The Oakland City Council just approved a deal to allow one group to redevelop the Oakland Coliseum site.
The council unanimously voted to move forward with the African American Sports and Entertainment Group.
The group now has 12 months to work out a deal to either buy or lease 50% of the city's share of the Coliseum site.
The group says it wants to transform the property into a complex containing housing, and sports facilities for a Black-owned NFL team -- and potentially a WNBA team.
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