Wednesday Must Read: Overstock.com to Pay $1.2 Million for Coliseum Naming Rights; Lockyer Says First Cuts Should Be in Republican Districts

Stories you shouldn’t miss:

1. The Oakland-Alameda County Coliseum Authority is poised to sell the naming rights to the coliseum for $1.2 million a year to Overstock.com, the Bay Citizen reports. It’s believed to be one of the cheapest deals for stadium naming rights in the country. The pact also won’t bring in much for the City of Oakland and Alameda County. Under terms of the deal, the Oakland Raiders will receive half of the $1.2 million, and the broker who struck it will get a commission. That means Oakland will receive less than $300,000 annually. The coliseum authority, however, has had difficulty selling naming rights to the aging facility. The stadium is to be renamed Overstock.com Coliseum, although it may soon become O.com Coliseum because Overstock.com is in the process of changing its name.

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