Yankees Break Ground on New Stadium

[Jon_Vilma]

Yankees Break Ground on 1 Billion Dollar Stadium The cool thing is, the outfield dimensions will be exactly the same.<div class='quotetop'>QUOTE </div><div class='quotemain'>The 53,000-seat open-air ballpark will replace one of the most famous sports arenas in the world, christened with a Ruth home run on Opening Day. Designers plan to restore several elements of the original stadium, including the frieze that hung from the roof, that were lost in a 1970s remodeling.Yankee Stadium is the third-oldest ballpark in the major leagues, trailing Boston's Fenway Park (1912) and Chicago's Wrigley Field (1914).The city and state are contributing more than $200 million to the project, including infrastructure improvements. The Yankees will pay the rest, financed through taxable and tax-exempt bonds.Until a dozen years ago, Steinbrenner had denigrated the neighborhood as dangerous and threatened to move the team to Manhattan or northern New Jersey. But the Yankees expect to draw more than 4 million fans to the stadium this year, making it the eighth consecutive season topping 3 million.The new stadium will have fewer seats than the current capacity, 57,478, but more luxury boxes. Chief operating officer Lonn Trost said the ballpark would continue to be called Yankee Stadium rather than be named for the highest corporate bidder, though parts of the park would be sponsored.Construction of the new stadium will involve paving over large portions of Macombs Dam Park and Mullaly Park and cutting down about 400 mature oak trees. The Yankees are to offset the loss of the parks by building new parkland, including three ball fields at the site of the current Yankee Stadium, which will be dismantled.</div>

 

[Nebkreb]

Steinbrenner deserves some applause, hes paying for this out of his own pocket. No taxpayer money.

 

[AdropOFvenom]

<div class='quotetop'>QUOTE (Nebkreb @ Aug 17 2006, 06:54 PM) <{POST_SNAPBACK}></div><div class='quotemain'>Steinbrenner deserves some applause, hes paying for this out of his own pocket. No taxpayer money.</div>Might want to read the article man...<div class='quotetop'>QUOTE </div><div class='quotemain'>The city and state are contributing more than $200 million to the project, including infrastructure improvements. The Yankees will pay the rest, financed through taxable and tax-exempt bonds.</div>Paying at least the 800 million is still impressive, but the city is contributeing a serious amount of cash there also.

 

[Jon_Vilma]

<div class='quotetop'>QUOTE (AdropOFvenom @ Aug 17 2006, 08:51 PM) <{POST_SNAPBACK}></div><div class='quotemain'><div class='quotetop'>QUOTE (Nebkreb @ Aug 17 2006, 06:54 PM) <{POST_SNAPBACK}></div><div class='quotemain'>Steinbrenner deserves some applause, hes paying for this out of his own pocket. No taxpayer money.</div>Might want to read the article man...<div class='quotetop'>QUOTE </div><div class='quotemain'>The city and state are contributing more than $200 million to the project, including infrastructure improvements. The Yankees will pay the rest, financed through taxable and tax-exempt bonds.</div>Paying at least the 800 million is still impressive, but the city is contributeing a serious amount of cash there also.</div>You do realize that most stadiums are 80% or more taxpayer money, not the other way around right? The Boss is paying a lot more than he had to out of his own pocket.

 

[AdropOFvenom]

[quote name='Jon_Vilma' post='65021' date='Aug 17 2006, 08:39 PM'][quote name='AdropOFvenom' post='65014' date='Aug 17 2006, 08:51 PM'][quote name='Nebkreb' post='64984' date='Aug 17 2006, 06:54 PM']Steinbrenner deserves some applause, hes paying for this out of his own pocket. No taxpayer money.[/quote]Might want to read the article man...

The city and state are contributing more than $200 million to the project, including infrastructure improvements. The Yankees will pay the rest, financed through taxable and tax-exempt bonds.

Paying at least the 800 million is still impressive, but the city is contributeing a serious amount of cash there also.[/quote]You do realize that most stadiums are 80% or more taxpayer money, not the other way around right? The Boss is paying a lot more than he had to out of his own pocket.[/quote]I'm well aware of that and I'll give Steinbrenner credit for it, I was just pointing that that he was incorrect in what he said as NYC is spending a good 200 million on this stadium also.

 

[Nebkreb]

ok i missed that. I thought i had already read the article perviously and forgot that part. But the point remains.

 

[MLibid]

I've yet to see a Yankee game in person.

 

[Jon_Vilma]

<div class='quotetop'>QUOTE (Matt @ Aug 18 2006, 09:19 PM) <{POST_SNAPBACK}></div><div class='quotemain'>I've yet to see a Yankee game in person.

</div>I feel sorry for you.

 

[DevinHester23]

Ugh. I can only imagine what the Yankees payroll will be when that new stadium is made This is why MLB needs a salary cap.

 

[Jon_Vilma]

<div class='quotetop'>QUOTE (BrianUrlacher54 @ Aug 18 2006, 09:33 PM) <{POST_SNAPBACK}></div><div class='quotemain'>Ugh. I can only imagine what the Yankees payroll will be when that new stadium is made This is why MLB needs a salary cap.</div>Lol, take the Payroll away and the Yankees will have the largest profit margains EVER.Plus they'll still buy the best coaches in the league, pitching, hitting, minor leagues...

 

[Nebkreb]

haha i sense a frustrated red sox fan..

 

[ST34LTH]

Coming from a Yankees fan,I HATE STEINBRENNER FOR THIS

 

[Jon_Vilma]

<div class='quotetop'>QUOTE (ST34LTH @ Aug 19 2006, 07:06 PM) <{POST_SNAPBACK}></div><div class='quotemain'>Coming from a Yankees fan,I HATE STEINBRENNER FOR THIS</div>Why?