Sunday, December 04, 2005

Yankees in the red

Read this informative column in the Daily News by clicking the title above. It seems our neighbor isn't doing so well financially.

This is important to know as they sell the stadium proposal as paid for by themselves. What do you bet we see an article in the news a couple months after foundation work begins on a new stadium announcing they don't have the money to finish the project? Public money to the rescue.

Money quote from the article:

"Steinbrenner still has the deepest pockets. But guess what? He doesn't just want that new stadium because he loves his fans. It doesn't matter which pocket it's coming out of, nobody wants to lose money like this."


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