Friday 14th of August 2020 07:22:38 AM GMT

Oakland Lawyer Russo Warned Warriors Move To SF Would Trigger Payoff Of Oracle Arena Bonds

John-Russo-as-Oakland-City-AttorneyJohn-Russo-as-Oakland-City-Attorney
(Last Updated On: December 29, 2018)

The Joe Lacob-owned Golden State Warriors could have saved themselves a lot of trouble and embarrassment that was given to the organization this week when an arbitrator ruled the were responsible for $40 million in outstanding bond payments, had they listened to then-Oakland City Attorney John Russo in 2010.

Prior to Mr. Lacob acquiring the Warriors, I asked Russo, who’s now Irvine, California City Manager, about what the Warriors would owe if they did move to San Francisco. The possibility that a new owner would take the team out of Oakland was on the minds of many Oaklanders as soon as then-Warriors Owner Chris Cohan put the team up for sale.

In my interview, which you can see below, Russo addressed the Warriors to SF subject at the 8:21 mark, saying “There’s been a lot of speculation about someone buying the Warriors moving to San Francisco, but if someone were to do that, they would be in a position of having to pay off the rest of the bonds that we floated in order to rehab the Arena.”

That was a fact I tried to communicate to Warriors Public Relations Rep Raymond Riddler in 2014, but Riddler believed I was wrong for no concrete legal reason and only because that was what his boss Joe Lacob believed – and at that took a kind of mocking tone about the whole matter.

Now, in 2018, the Warriors have to pay $40 million to the Oakland-Alameda County Coliseum Joint Powers Authority. Something Russo noted in a comment on Facebook that ignited this post, reminding me of our talk, and writing that the decision was “an easy call for the arbitrator”:

Stay tuned.

OaklandNewsNow.com, Oakland News Now, Oakland-News-Now.com @OaklandNewsNow oaklandnewsblog.com is by Zennie62Media, Inc. with CEO Zenophon Abraham AKA Zennie62 YouTube Oakland News Now Commentary Vlog YouTube Partner, Oakland California blogger / vlogger @ZennieAbraham . Hire @Zennie62Media, Inc to tell your story.

Zennie62Media uses smartphones enabling our 98-blog network, specially-made blogs, website, social media platforms covering politics, news, sports, and tech, @Oaklandcitynews, Oakland City Council, North Oakland, East Oakland, Montclair, Adams Point, Uptown Oakland food culture, Oakland City, Oakland Cemetery, Oakland crime, Oakland directions, Oakland airport, Oakland, California ghetto, Oakland, California Map, Oakland Raiders, Oakland City Hall Plaza, East Oakland, Jack London Square, London Square, Golden State Warriors, Chase Center, Bob Myers, Joe Lacob, Peter Guber, NBC Bay Area, Council-Member, Councilmember, Council President, Mayor of Oakland, Public-Safety, Affordable Housing, BBQ Becky Dr. Jennifer Schulte , Jogger Joe Henry Sintay, Oakland crime news, Chauncey Bailey, Bank of America loans, COVID-19 updates, homeless news, SF Bay Area news, Oakland artists, @breakingnewsbayarea, Emeryville, Atlanta news, Chevron Ecuador, Steven Donziger, Fayetteville GA news, @FayettevilleGA Fayette County Georgia, San Francisco news, San Jose news. Also, David Rubin Academy Awards, The Oscars ceremony ,Tom Hanks, Skyline High School, Oakland Sports, Oakland Panthers, Oakland Coliseum, Honda of Oakland, Oakland Arena, Oakland Raiders, Las Vegas Raiders, Las Vegas Stadium Construction, Allegiant Stadium, Las Vegas Stadium Authority, NBA, NFL, NFL Draft, NFL Combine, CES Las Vegas tech, San Diego Comic Con sci-fi. @GrandLakeTheater @LasVegasHotels, Penny Dreadful City of Angels, Academy of Motion Picture Arts and Sciences, AMPAS

Zennie62Media has content development and online reputation management clients like Insight Terminal Solutions @InsightTerminalSolutions and The Oakland Bulk and Oversized Terminal, with California Capital Investment Group Managing Partner Phillip Phil Tagami @PhilTagami co-developer, @JohnSiegel John Siegel as ITS CEO exposing coal and Oakland fake news. Zennie62 has helped Maria Ayerdi Kaplan @MariaAyerdiKaplan, developer of Salesforce Transit Center in San Francisco, Kofi Bonner Five Points, San Francisco Shipyard, and Flowsent capture the Oakland Cannabis Delivery Dispensary @OaklandCannabis market with fitness model female bodybuilder Laura Ehlen and weedmaps help. We’ve partnered with CoLoursTV, CNN, YouTube, Google, NBC, Vice, Oakland Post / Post News Group, Landis PR, and other media organizations. Competition: The SF Chronicle, San Francisco Chronicle, Streetsblog San Francisco, SFStreetsBlog.org, San Francisco Business Times, Bizjournals.com, NY Times, Salt Lake Tribune, LA Times, Daily Californian, KQED, KALX, KPIX, KRON, Las Vegas Review Journal, East Bay Express, Oakland Tribune, Oakland Voices, The Mercury News, AJC, Atlanta Journal Constitution, Hoodline

WebiMax, Gadook, VJG Interactive, LocalEdge, Digital Firefly Marketing, GreyBox Creative, Igniyte, Reputation Rhino, Netmark, Outspoken Media, SEOValley, WebpageFX, NetReputati, san francisco reputation management, atlanta reputation management, los angeles reputation management, Indeed, airbnb, pinterest, credit karma, southwest airlines, mcdonalds, united airlines, Peel-A-Pound Soup, drudge report, astros, 49ers, frontier airlines, tractor supply, warriors, alaska airlines, buffalo wild wings, horoscope, shein, raiders, uhaul, ted bundy, nba finals, michaels coupon, Tua Tagovailoa, cheesecake factory, golden state warriors, kevin durant, realtor com, stephen curry, walgreens photo, drudge, facebook sign in, funny memes, hbo go, hbo now, oakland raiders, oakland national night out, vistaprint, braves, san francisco 49ers, monday night football, newegg, travis scott, zion williamson, kohls coupons, lands end, nancy pelosi, kohls coupon, hotwire, kamala harris, Patrick Mahomes, mark davis raiders wife, al davis,mark davis net worth, mark davis van, mark davis raiders haircut, mark davis car, mark davis minivan, raiders owner net worth, harry potter, giants, craigslist sf, craig newmark, vic beasley, california earthquake, boston weather, las vegas weather, Eric Metz, sf giants, san francisco weather, san francisco, los angeles weather, lord and taylor, star wars, star wars episode, star trek, star trek discovery, william shatner, zinni.com, zenni.com, leonard nimoy, j.j.abrams, jimmy garoppolo, hawaiian airlines, detective pikachu, clint eastwood, bed bath and beyond coupon, abercrombie, pewdiepie, sfgate, sc lottery, san diego weather, san antonio weather, southwest flights, pikachu, golden state, myatt, just mercy, french open, colourpop, cam newton, anna kendrick, actor, sexual harrassment, klay thompson, harbor freight coupon, robin williams, protest in Oakland, portland protest, Berkeley protest, Chicago protest, LA protest, Howard Terminal Ballpark, Seattle protest, portland weather, phoenix weather, north carolina, macbook, how, bath and body works coupon, The Pandemic, sports events,googleflights, daytona 500, daily horoscope, ashton kutcher, mask, Economic Stimulus, andrew luck, alamo drafthouse, 49ers schedule, trump tweets, thanksgiving,How to, What is, How do I, What do I, Who is? , Electronic Frontier Foundation, Howard Terminal Ballpark, Natalie Silver, Pass It On, Barbara Leslie, Yui Hay Lee, Andreas Cluver, White Journalists, Blacks In Media, David Rubin, Frances Dinkelspiel, Alana Nguyen SFGate, Cat Brooks, Anti Police-Terror Project, Mountain Mike’s Pizza, Glenview, Restorative Justice, School Crossing Guards

Bill Belichick ,New England Patriots, Sean Payton, New Orleans Saints, Andy Reid, Kansas City Chiefs , John Harbaugh, Baltimore Ravens, Sean McVay, Los Angeles Rams, Mike Tomlin, Pittsburgh Steelers, Kyle Shanahan, San Francisco 49ers, Pete Carroll, Seattle Seahawks, Bruce Arians, Tampa Bay Buccaneers, Frank Reich, Indianapolis Colts , Mike Zimmer , Minnesota Vikings , Doug Pederson, Philadelphia Eagles , Mike Vrabel, Tennessee Titans , Sean McDermott, Buffalo Bills , Matt Nagy, Chicago Bears , Kliff Kingsbury, Arizona Cardinals , Zac Taylor, Cincinnati Bengals, Bill O’Brien, Houston Texans, Kevin Stefanski, Cleveland Browns, Ron Rivera, Washington Redskins , Brian Flores, Miami Dolphins , Joe Judge, New York Giants, Mike McCarthy, Dallas Cowboys, Matt Rhule, Carolina Panthers, Jon Gruden, Las Vegas Raiders, Matt LaFleur, Green Bay Packers, Anthony Lynn, Los Angeles Chargers, Vic Fangio, Denver Broncos, Dan Quinn, Atlanta Falcons, Matt Patricia, Detroit Lions, Doug Marrone, Jacksonville Jaguars, Adam Gase, New York Jets

Also Elon Musk, YouTuber , Nura Gabbara, Pat Abraham Yerger, Patricia Yerger, Oakland Mayor Libby Schaaf @LibbySchaaf, Councilmember Nikki Fortunato Bas, Dan Kalb of District 1, Loren Taylor, Lynette Gibson McElhaney, Sheng Thao, Noel Gallo, Robert Bobb, Rebecca Kaplan, Larry Reid, Tech Entrepreneur Sarah Lacy, Personal Trainer Megan Avalon Buffed Barbie, Social Media Pioneer Marc Canter, Beth Schnitzer, Spritz Marketing, Eleanor Wikstrom, SF Mayor London Breed, Scott McKibben, CA Assemblymember Buffy Wicks, Schools Superintendent Tony Thurmond, Berkeley Councilmember Ben Bartlett @BenBartlett, Raiders Charles Woodson, 49ers Jerry Rice, Grand Lake Theater Oakland Owner Allan Michaan, Gary Meyer Telluride, Eat Drink Films, C.J. Hirschfeld, Issac Kos-Reed, Salsa-By-The-Lake, AMC Cinemark TinselTown, Children's Fairyland, Irvine City Manager John Russo, Guy Fieri, Oakland CAO Edward Reiskin, Raiders Coach Jon Gruden Running Back Josh Jacobs, Stanford HC David Shaw, Tri Ngo, Atlanta Falcons Coach Dan Quinn, Michael Mina, NFL Draft Mr. Irrelevant Head Melanie Fitch, Paul Satala. Eva Crawford, Lauren Weisheit, Subscribe to ’s @Zennie62 YouTube Channel, today!

About the Author

Zennie Abraham
Zennie Abraham is the CEO of Zennie62Media
;

Ben Bartlett Berkeley Councilmember Introduces “Safety For All: George Floyd Community Safety Act

Councilmember Ben Bartlett, Coalition App For City Of Berkeley Virtual Town Hall April 22nd, 2020

Oakland News Now Recent Blog Posts