Oakland Raiders And A's To Now Play In Overstock.com Stadium
OAKLAND, Calif. (AP) -- The Oakland Athletics and Oakland Raiders now officially play in the Overstock.com Coliseum.
The online retailer said Wednesday it is paying about $1.2 million a year over six years for the naming rights to the stadium that has been called the Oakland-Alameda County Coliseum. The rechristened stadium will host its first game Friday when the Texas Rangers visit the Athletics.
The authority that runs the stadium had been looking for a corporate sponsor since software manufacturer MacAfee Inc. decided not to extend its naming rights deal in 2008. The Oakland Tribune reports that that deal was worth $1.3 million a year.
Coliseum authority chairman Ignacio De La Fuente said the deal with Overstock.com would bring additional revenue to Oakland and Alameda County, which sit on the authority's board and have subsidized the stadium.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
