SAN DIEGO (CNS) - The City Council will be asked Tuesday to rename what had been Qualcomm Stadium to SDCCU Stadium, with San Diego County Credit Union bidding $500,000 for the naming rights, according to documents made available on Thursday.
The credit union recently took over as the primary sponsor of the Holiday Bowl college football game that's held in the stadium. The agreement, if approved, would run to the end of next year.
While stadium naming rights typically run into the millions of dollars, city officials didn't anticipate receiving that kind of money because of the short term of the deal. Municipal coffers would net $375,000 from the proposed agreement, according to a staff report.
In its proposal, SDCCU said it would work to boost attendance at stadium events. The company has a history of heavily promoting events it sponsors.
Now that the Chargers are playing in Los Angeles County, city officials envision closing the aging, money-losing stadium after the 2018 college season. San Diego State University officials are pushing for an extension in order to build a new home for the Aztecs.
The city contracted with Fox Sports College Properties to find an interested party for the naming rights.
SDCCU was one of four bidders. The others were Gemini Sports Group, a Phoenix company that handles sponsorships and naming rights; Mitek, a San Diego- based mobile technology firm; and Traction Video, a San Diego video production firm.
A domestic violence suspect was taken into custody Tuesday morning following a standoff with patrol officers and a SWAT team that lasted more than four hours in the Bay Terraces-Paradise Valley area, police said.
Three hundred and sixty degree, full panoramic, virtual reality video. Ride, surf, skate and then share it all with the world online. News 8's Shawn Styles will show you how to shoot 360 degree video.
Extra deputy patrols will be on hand at two local high schools Tuesday morning after emailed threats of violence.
Temperatures slightly warmer than Monday. Morning clouds will turn to partly sunny by Tuesday afternoon.
San Diego County will pay $240,000 to settle a lawsuit by a fourth woman who claims a sheriff's deputy groped or assaulted her.
Elementary school teachers in the South Bay on Monday said they are ready to walk off the job at the district's ten schools.