Recession equals bad times. And now it's making its way into the sports arena—the Oakland Coliseum and Oracle Arena to be exact.
Whether you're a music fan or a sports fan you're about to take a hit on those ticket prices.
Last night, the Oakland City Council announced it will do it's darndest to decrease the $83 million general fund budget deficit. That means cutting police salaries, and increasing ticket prices.
OPD took a huge hit when the council voted to cut $13.4 million out of the Police Department's personnel budget. OPD has recently been trying to up its homicide force to soothe gang relations and public safety. Looks like the union better step up its game.
Speaking of games, and the point of this article, City Council also voted to increase ticket prices for Oakland teams by 10 percent. The increase has to be approved by the Oakland-Alameda County Coliseum Authority board, which includes members of the council and the Alameda County Board of Supervisors.
So where is your surcharge going?
The council's proposal—a final decision for which has been postponed for another 60 days—will rake in an estimated $18 million annually to be split 50-50 between Alameda County and the city.
So how 'bout it, Raider Nation? Ready to tack on another 10 percent to those season passes?
Knowing Raider Nation this shouldn't even be a question. Looks like Oakland will ride this fanbase straight to the bank.