Advertisement
Baltimore Sun

Damn Yankees revisited

Orioles fans apparently aren't the only ones who are upset with an economic system that allows the New York Yankees to spend $423 million for three of the top players in the free agent market while major league teams continue to ask local taxpayers to help build them lavish new stadiums.

Some people in New York are starting to question how much public help the Yankees should get with the financing of the new Yankee Stadium, when they can spend as much on one player (Alex Rodriguez) as some teams have spent to build their new ballparks.

Advertisement

Here's a link to a column by New York Daily News columnist Mike Lupica that actually was published before the Yankees added Teixeira to their payroll for an eight-year guarantee of $180 million.

NYC's Industrial Development Agency will hold hearings on Jan. 15 on the Yankees' request for an additional $259 million in tax-exempt bonds. The city already authorized $940 million. Shoudl be interesting.


Advertisement