Oakland Oracle Arena - East Bay Express; Robert Gammon Looks At Problem I Told City Auditor To Look At Long Ago
East Bay Express | News | Darkness on the Edge of Town : Express: “Aaccording to a hard-hitting recent audit obtained by the Express, Oracle Arena remains an "underutilized" and "underperforming" public facility that falls short of expectations for a major event center in the middle of the nation's fourth-largest market. "The arena should be a 'must-play' by promoters of touring shows, including concerts, family shows, and special entertainment events," the audit stated. The arena also has fallen short of expectations in terms of offsetting the $20 million public subsidy that Oakland and Alameda County give to the arena and coliseum complex each year to keep it afloat. According to the audit, which was requested by the Golden State Warriors and completed last month, Oracle Arena has averaged just 99 events a year over the past three years, including 43 basketball games annually. By contrast, HP Pavilion drew 169 events last year alone, includin