Qualcomm Stadium is set to end its useful life as San Diego County Credit Union Stadium.
Per the San Diego Union-Tribune, the credit union paid $500,000 for the naming rights to San Diego State’s home field. The agreement lasts through the end of 2018 before the city plans to close the stadium.
San Diego State still plays at the stadium even though the NFL’s Chargers left for Los Angeles after the 2016 season. The stadium, which opened in 1967 as San Diego Stadium had a light failure during the Aztecs’ upset win over Stanford on Saturday night. The game was postponed for 23 minutes with less than four minutes to go in the fourth quarter after the lights went out.
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The Aztecs are looking for a new football home post-SDCCU Stadium and have discussed adding two years to the lease at the stadium through the 2020 season. That would give the school enough time to build a new football stadium.
A new lease at the stadium would likely be subsidized by taxpayers. The UT reported in January that the lease from SDSU and the Holiday Bowl and Poinsettia Bowls at the stadium was worth $160,000 per year. The city spends over $10 million a year to keep the stadium open.
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