Saturday, April 16, 2005

To hell with those Yankees!

Report: Yankees and local governments near deal for new stadium
The new stadium will be built just north of the existing facility in the Bronx, and is designed to seat 50,800. That's smaller than the current capacity of 57,478, but the new ballpark will have more luxury suites.
Sounds good. Fewer seats, though more total revenue (assuming people will buy tickets to the suites). But there's a catch:
The stadium construction will cost approximately $800 million and will be fully paid for by the team. The city and state will spend $300 million to build a new commuter rail station, improve parking, and create parkland along the nearby waterfront.
I've written several times about the West Side Stadium, and encouraged by the Jets, the Yankees now want their cut of taxpayer dollars. Another big business wants big government to step in to make their project feasible. Although this time isn't direct funding, the Yankees want NYC and New York state to pay for things that will support the new stadium.

To hell with the Yankees. No, they didn't blow it last year. They've blown it by getting taxpayers to pay for the extras: a new rail station, more parking, and "parkland." If you'll excuse me, I'm now going to go throw my Yankees baseball caps in the fireplace.

4 Comments:

Anonymous Jeff said...

It's not like us Red Sox fans need any more reason to hate the Yanks...

Saturday, April 16, 2005 3:59:00 PM  
Blogger Perry Eidelbus said...

I have to give full and unreserved credit to that amazing Red Sox team, that won because of heart.

What's the situation in Boston, do the Red Sox also clamor for public funds?

Saturday, April 16, 2005 4:20:00 PM  
Anonymous Jeff said...

Y'know, actually, the ownership just bought a bunch of land around Fenway with their own money. They're staying in Fenway for at least the next 10 years, and all is well.

The last stadium built in these parts is Gillette. The entirety of the stadium was built using Robert Kraft's own money, with the roads being built at the cost of the state. I have no problem with this tradeoff, honestly, since it is the role of government to provide roads, but that seems to be the theme we're okay with up in this area.

Monday, April 18, 2005 1:57:00 PM  
Blogger Perry Eidelbus said...

Nowadays, that's just astounding to hear of a sports stadium being built by private funds. Roads to accomodate traffic can be acceptable, but the Yankees' deal is just ridiculous. And the federal government is paying for the new stadium in D.C., meaning taxpayers all across the U.S. will chip in for the $400 million cost.

I'm really impressed with Fenway's ownership for doing things themselves. Sounds like I'll have to get a Sox baseball cap to replace the two Yankees caps that I burned. I actually did, and it felt GREAT. My dad grew up in upstate New York and was a Yankees and (Brooklyn) Dodgers fan. At the end of WWII, he was stationed in Massachusetts and wound up going to school there. So he became a big Red Sox fan and pretty much remained so until he passed away.

Tuesday, April 19, 2005 3:43:00 AM  

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