To hell with those Yankees!
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.