Ugh Indeed. Maybe We Can Call it Bailout Ballfield?
January 30th, 2009

An anonymous tipster pointed out that we skipped over a significant bit of news in this morning’s Eye Opener: a bi-partisan committee of two is asking the Mets to vacate Citigroup’s naming rights contract — in 2006 the now-beleaguered bank agreed to pay $400 million for naming rights to the stadium. With taxpayers funneling more than a few dollars into Citigroups gaping maw, some in Washington think that stadium naming is a luxury the bank can ill-afford. No word yet on how far back that would set the otherwise complete stadium financing.

By on January 30, 2009, 1:31 pm
In category: Gotham City,Land Use,Public Finance | 3 Comments »

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3 Responses to “Ugh Indeed. Maybe We Can Call it Bailout Ballfield?”

  1. alyosha Says:
    January 30th, 2009 at 2:30 pm

    I love the idea of renaming it TAXPAYER FIELD! imagine what it would be like to be at a bar with ESPN announcing “And, heading over to Taxpayer Field where the Mets face the Phillies…” But, the money didn’t really come from the Taxpayers… it came from Paulson! Maybe they’ll rename it Paulson Field?

  2. jerry Says:
    January 30th, 2009 at 5:08 pm

    Since this happenned on the Mayor’s watch, the best name for it would be Bloomberg Field, afterall he has plenty of money & he could well afford paying for the naming rights.

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    June 28th, 2010 at 2:02 am

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