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Author: Subject: Will the new Yankee Stadium still be called The House That Ruth Built ?

A Peach Supreme





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  posted on 7/15/2008 at 08:28 PM
?
 
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Zen Peach



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  posted on 7/15/2008 at 08:28 PM
No.

 

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  posted on 7/15/2008 at 08:31 PM
quote:
No.






damn

 

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  posted on 7/15/2008 at 08:35 PM
The house that was built for 1.2 billion!!

 

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  posted on 7/15/2008 at 08:40 PM
Maybe the House The George Built


Man, he looked terrible tonight

 

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  posted on 7/15/2008 at 08:51 PM
The house that A-Rod sneaked into in the middle of the night?

 

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  posted on 7/15/2008 at 09:14 PM
I think George Costanza was involved in
the early planning stages.

 

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  posted on 7/15/2008 at 09:17 PM
Will the new Yankee Stadium still be called The House That Ruth Built ?


Only if the money is right.....

 

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  posted on 7/15/2008 at 09:32 PM
The new Yankee Stadium as well as the new Shea Stadium should be named The Houses That The Taxpayers Built.

 

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  posted on 7/15/2008 at 09:34 PM
quote:
The new Yankee Stadium as well as the new Shea Stadium should be named The Houses That The Taxpayers Built.



LMAO !!!!!!!!!!!

 

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  posted on 7/15/2008 at 10:10 PM
I'm hoping for The House that Mike Gallego Built.

 

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  posted on 7/15/2008 at 11:33 PM
No, the official name is going to be The House Across the Street from the Parking Lot that used to be the House that Ruth Built.

 

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  posted on 7/16/2008 at 08:07 AM
It will be simply Yankee Stadium.

No corporate sponsor name for this stadium.... like all others teams do.


The NY Yankees have paid for their own stadium...not the taxpayers.

Any work around the Stadium that the city paid for was work that needed to be done on the roads anyways.



 

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  posted on 7/16/2008 at 08:14 AM
Independent George

 

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  posted on 7/16/2008 at 09:08 AM
Costanza Stadium at Festivus Field.
 

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  posted on 7/16/2008 at 09:19 AM
More like "The House With The Buried Red Sox Shirt"

 

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  posted on 7/16/2008 at 10:54 AM
quote:
The new Yankee Stadium as well as the new Shea Stadium should be named The Houses That The Taxpayers Built.


Bingo. Maybe even The House That Sheldon Silver Built.

 

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  posted on 7/16/2008 at 11:52 AM
quote:
quote:
The new Yankee Stadium as well as the new Shea Stadium should be named The Houses That The Taxpayers Built.


Bingo. Maybe even The House That Sheldon Silver Built.

Good thing this wasn't posted in the WP..you would be getting killed for not getting your facts straight.

The New York Yankees are paying for their own stadium.
They will not sell out, and have corporations bid on the honor of having this stadium named after them...No Way!
Drive by the neighborhood, and see what has been done due to the upgrading.
NYC is doing work all over the city on the roads, so the money the city is putting in to the area will reap them $$ in revenue. The neighborhood shops are thriving.
Mike Bloomberg is not a stupid man, in fact he is a businesss genius. He would not spend any extra money on the area he did not think would reap NYC multi benifits.
Between the Yankees, and the Met's almost 8 million people attend baseball games here within a 7 month period.
Many of these come from all over the country to attend games here..that's tourism, NYC number one revenue.
I sell tickets on ebay and stubhub. when I print out the shipping labels, over 70% are from other States. I have even had people from Canada, and Mexico requesting exemption from my policy of not selling out of the USA.
Cities make money from successful sports franchises, so any money spent is well spent.
In any case, I hope all of you who do want to get to Yankee Stadium one last time, or for the first and last time get the chance.
Love them or Hate them, This House has been Rocking!

 

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  posted on 7/16/2008 at 02:48 PM
quote:
quote:
quote:
The new Yankee Stadium as well as the new Shea Stadium should be named The Houses That The Taxpayers Built.


Bingo. Maybe even The House That Sheldon Silver Built.

Good thing this wasn't posted in the WP..you would be getting killed for not getting your facts straight.

The New York Yankees are paying for their own stadium.
They will not sell out, and have corporations bid on the honor of having this stadium named after them...No Way!
Drive by the neighborhood, and see what has been done due to the upgrading.
NYC is doing work all over the city on the roads, so the money the city is putting in to the area will reap them $$ in revenue. The neighborhood shops are thriving.
Mike Bloomberg is not a stupid man, in fact he is a businesss genius. He would not spend any extra money on the area he did not think would reap NYC multi benifits.
Between the Yankees, and the Met's almost 8 million people attend baseball games here within a 7 month period.
Many of these come from all over the country to attend games here..that's tourism, NYC number one revenue.
I sell tickets on ebay and stubhub. when I print out the shipping labels, over 70% are from other States. I have even had people from Canada, and Mexico requesting exemption from my policy of not selling out of the USA.
Cities make money from successful sports franchises, so any money spent is well spent.
In any case, I hope all of you who do want to get to Yankee Stadium one last time, or for the first and last time get the chance.
Love them or Hate them, This House has been Rocking!



They did not pay for the entire stadium. If you think that major amounts of tax money haven't been used in these projects then I want some of what you are smoking. And Yankee Stadium cost twice what Citi Field did. Plenty of taxpayer dollars going into both projects. That is exactly what held up these stadiums for so long. Guliani wanted this done during his administration so he could take credit. When Bloomberg took over he pulled the money that Guliani promised each team off the table and that is why it has taken so long to do these new stadiums. Each team got both funds and tax breaks and I also think low interest or no interest loans for anything left over. Both of these profitable teams should have paid every penny for these stadiums that will make them millions.

I was and am perfectly happy going to see games at Shea. I can't afford all the fancy food and everything else they will be upgrading anyway. Hell, I bring my own food from home and maybe buy one soda while at a game at most. I refuse to pay $5.00 for a hot dog or $7.00 for a crappy tasting beer or $6.00 for a bag of Cracker Jacks that cost about a buck fifty in the supermarket. I bring sandwiches from home with some chips or my own store bought Cracker Jacks and or peanuts and buy something to drink there. I don't know how people with families go to these sporting events anymore. It must be a killer to take a family of 4 or 5 to see a sporting event.

 

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  posted on 7/16/2008 at 04:00 PM
quote:
They did not pay for the entire stadium.


I'm not from New York so I certainly don't know the whole deal, but from what I understand, the Yankees are paying for the entire stadium with their money (which of course came from TV and merch and tix sales, etc.). But the city and state are paying for street and park improvements around the stadium, including subway improvements, etc.

I guess it's how you look at it, but I don't think tax dollars are going into the actual stadium costs.

 

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  posted on 7/16/2008 at 04:26 PM
New York State Assembly questions Yankee Stadium funding
THE ASSOCIATED PRESS

Friday, June 13th 2008, 2:07 AM

State lawmakers and fiscal watchdog groups cried foul Thursday over the Yankees' bid for another $350 million in public financing for their new stadium, saying it could soak up funds needed for parks and transportation.

Three state Assembly members from New York City called for a public hearing to examine a proposal to provide public support for one the richest franchises in sports.

"These sports teams are private companies that appear addicted to keeping their hands in the government cookie jar," said Assemblyman Hakeem Jeffries of Brooklyn.

Jeffries and Assemblymen Ruben Diaz Jr. and Jose Peralta asked for a hearing on the use of public funds for the Yankees that they said were negotiated "in secret and without the control of elected officials" while other community projects are desperate for funding.

About $941 million in tax-exempt public bonds have already been issued for the $1.3 billion stadium that the Yankees are building across the street from their current ballpark in the Bronx.

Under current Internal Revenue Service regulations, the Yankees cannot ask for more public debt to be incurred for the stadium.

But city officials have been lobbying Washington for a change in IRS regulations that would allow the Yankees to get the $350 million in additional tax-exempt bonds they say they need. Such a change could help other big stadium projects not just the new Yankee Stadium.

"The city along with the state as well as others have been working in Washington to seek relief from the applicable IRS regulations," said Seth Pinsky, president of the city Economic Development Corp.

Yankees president Randy Levine confirmed Wednesday that the Yankees were seeking additional bonding. A team spokesman said Thursday the Yankees had nothing to add.

The Yankees still plan to have the stadium completed by Opening Day 2009, regardless of whether they secure the additional funding.

The fact that the Yankees were seeking more financing didn't go down well with activists who questioned the need for a new stadium all along.

The Yankees' Opening Day payroll of $209.1 million was by far the highest in the Major Leagues. And when their new stadium opens next year it will be feature amenities like luxury suites, conference meeting rooms and a concierge service that should guarantee that the team's fans will be the richest in the majors as well.

Ticket prices will go up as well, with the team charging $500 to $2,500 for seats near home plate in the first five-to-eight rows of the new ballpark.

Critics of the stadium said other projects are more deserving of the money, such as transportation improvements, hospitals, schools, and the Hunts Point Market, America's biggest wholesale produce market, which is looking to leave New York if the city doesn't help rebuild its aging facility in the Bronx.

"I don't see why they should be allowed to use more tax-exempt bonds," said Neil deMause, co-author of "Field of Schemes: How the Great Stadium Swindle Turns Public Money Into Private Profit." ''There's no benefit to the city for this."

Geoffrey Croft, president of New York City Park Advocates, which unsuccessfully sued to block the new stadium because it required the razing of two city parks, said he welcomed legislative hearings into the Yankees' financing.

City economic development officials said they hope to persuade the IRS to rescind regulations against funding professional stadiums. The Yankees' proposal could lead to similar funding for the new Mets stadium and an arena for the NBA's New Jersey Nets, but could also apply to construction projects for other teams.

Assemblyman Richard Brodsky, who made the Yankee proposal public, said negotiations over the proposed IRS change have taken place in secret, but Pinsky said his agency has nothing to hide.

"The Yankees have informally approached us to seek some additional financing for their project," he said. "The reason nothing's been made public is that there is nothing to make public at this point."

 

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  posted on 7/16/2008 at 04:58 PM
quote:
"The city along with the state as well as others have been working in Washington to seek relief from the applicable IRS regulations," said Seth Pinsky, president of the city Economic Development Corp.



City economic development officials said they hope to persuade the IRS to rescind regulations against funding professional stadiums. The Yankees' proposal could lead to similar funding for the new Mets stadium and an arena for the NBA's New Jersey Nets, but could also apply to construction projects for other teams.
quote:
.
Thanks for posting..I just heard about this on the radio as I was driving home...

That actually sounds like a great plan, and obviously not just to me but to city and state officials who are lobbying for it.
I imagine other city and state officials are paying close attention...and getting in line.
Like I said..they are not stupid men when it comes to business.
It will lead the way for other cities and states to get proposals through now.
I hope the IRS agrees.
People need sports, its their relief valve, it goes deeper than dollars and cents, and you can't put a price on it.
The owners can...we can't.
I know none of you are naive enough to think there are never negotiations going on secretly.
In any case, both stadiums are going up. They will both be great and unique in their own special way, and it is going to be a beautiful thing.
New great moments waiting to be born in new stadiums..both in the backyards of their current homes..that means a lot if you live here.
Yankees address does not change.
It is still on the corner of 161st and River Avenue.
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  posted on 7/16/2008 at 05:16 PM
Pro sports are great and I love my teams, but I don't think I along with the rest of the fans should pay one dime to fund these stadiums. These teams should use the profits they have gotten from us, the fans through the years. These teams are filthy rich from everything the fans have bought over the years. Ticket prices have gone up ten fold over the years as well as parking which costs an incredible $15.00 per car at Shea Stadium. Parking should be included in the ticket price IMO. Just one of many ways these pro teams fleece their fanbase.

And what about the taxpayers who could care less about baseball or sports? Why should they have to help fund a stadium that they don't care about and will never use. These greedy teams could have used their own capital to fund their stadiums and the government could have used our money on more important things.

 

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  posted on 7/16/2008 at 05:38 PM
Since Steinbrenner revamped (or more realistically, reBUILT) Yankee Stadium from 1973-76 (while the inept era of the Yankees played at Shea), how could, in good conscience, the CURRENT Yankee Stadium STILL be referred to as "The House That Ruth Built"??


 
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Zen Peach



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  posted on 7/16/2008 at 05:56 PM
Will the new Yankee Stadium still be called The House That Ruth Built ?...... No.

By the time he's through, it will be known as :

"The House that A-Rod built"

 

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