Have a cool few million floating around and interested in seeing your name printed in really big letters on the side of something large? Well, here's your chance: Overstock.com exited its naming-rights agreement with the Oakland Coliseum on Saturday, meaning the home of the Oakland Raiders and Athletics is no longer officially known as "O.co." (Thank god.) The Chronicle reports that the online retailer still had a year left on the six-year contract, but apparently decided its money would be better spent elsewhere.
“They’ve always been able to terminate the contract if they wanted,” Scott McKibben of the Oakland-Alameda County Coliseum Authority told the paper. “Like a lot of corporations, they sit back and look at their sponsorships and marketing efforts and came to the conclusion they wanted to go in another direction."
According to the San Jose Mercury News, the deal, signed in 2011, was worth $7.2 million.
The 63,132 seat stadium has had a host of names over the years, including the Oakland-Alameda County Coliseum, the Network Associates Coliseum, and the McAfee Coliseum. At present, there appears to be no replacement naming-agreement on deck — so you can go back to just calling it "the Oakland Coliseum," at least for the time being.
What's that you say? You always have and always will just called it "the Coliseum"? Yeah, me too. Well, until an East Bay giant like Uber buys the naming rights, that is.
