San Diego Wasted Money During Naming Rights Search

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The city of San Diego unnecessarily spent money on a third party to help secure new naming rights for the former Qualcomm Stadium, according to a grand jury report released Tuesday.

Fox Sports College Properties received a 25 percent commission — amounting to $125,000 — for landing San Diego Country Credit Union as the new naming sponsor of the stadium that served as home of the San Diego Chargers prior to the team's decision to move to Los Angeles last year. The Qualcomm partnership expired last May. The credit union paid $500,000 for naming rights that extend only through the end of this year, when the city plans to close the stadium.

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