Wednesday, March 29, 2006

New York Mess or Brilliance

The New York Yankees are opening a new ball park in April of 2009. This stadium will seat approximately 51,800 and will cost an estimated 1.02 billion dollars. Of this absurd amount of money, $200 million will be shelled out of the pockets of the residents of New York. The stadium is described in the article as, "one which will replicate that of the original Yankee Stadium. The interior of the stadium will be a separate structure, rising above the top of the exterior. The signature frieze, the lattice work that once rimmed the origanl stadium's roof, will adorn the new stadium's roof in the original copper." Giuliani states that the stadium in due time will pay for itself and makes perfect sense from a business standpoint. What about the citizens in New York? How will the affects of this expensive masterpiece reach the consumers of New York? Will taxes of certain items in New York, which are already expensive, cause, price increases? Some Sources say that the Yankee's organization was willing to shell out 15,000 tickets to needy fans as well as $100,000 in equipment to such needy and poor New York children. Is that enough? My Question is how does one economically support those living in New York how have no interest in the Yankees what so ever? Should they be charged just because our poor baseball players can't afford to play in the horrible, historic Yankee Stadium? What are some ways the city of New York and bull ride these dollar burdens on solely that of the fans?

1 comment:

Kyle Hummel said...

Personally, I would love to see the Yankees step up and pay for the stadium by themselves. This could help set a precedent for other teams to privately fund their own stadiums in the future. I just think that the local, state, and federal governments are responsible for the infrastructure and ability to support the stadium. This is a lot of expense and should be all that the government supports. Not to mention the Yankees have no problem spending $200 million dollars on players, so why can't they bear the cost of their new stadium?