Skip to Content
Streetsblog New York City home
Streetsblog New York City home
Log In
Air Quality

Yankees’ Subsidy Deal Gets Stranger and Stranger

The Yankee Stadium subsidy package is the gift that keeps on giving. If you're the Yankees.

Following up on his tour of the smelly swath of plastic turf the Yankees installed in the South Bronx after turning actual park land into a stadium construction site, Neil deMause reports in the Village Voice that a yanksbill.jpgclause in the Yanks' lease agreement with the city -- initiated by Mayor Rudy Giuliani and extended by Mayor Bloomberg -- allows reimbursements for stadium "planning" expenses. As of 2005, deductions include apparent write-offs for food, alcohol, and thousands of dollars in schwag, like caps and souvenir crystal baseballs.

Seems the Yankees haven't been spending enough on stadium "planning" to take full advantage of the rent break, so to justify additional deductions, the club began handing over loads of receipts to the Parks Department.

[W]hereas the earlier receipts were limited to stadium-related expenses -- although questionable ones, like the $700-an-hour lobbyist bills and restaurant tabs for engineering consultants -- by late 2005, the files had begun to look like those of an organization hastily trying to spend down its account by billing the public for everything but the kitchen sink.

Here's a sample itemized list, courtesy Good Jobs New York:

    • $31,364 in food and bar tabs at Yankee Stadium for two nights of the 2005 post season
    • $1,978 for a dozen crystal baseballs
    • $8,600 in "rivalry" wool caps for home games against Boston and Toronto
    • $1037 for 550 logo baseballs for an annual sales meeting
    • $2,037 in gifts for corporate clients like Sony, Ford and Continental Airlines
    • $25,000 for office space near Newark Airport
    • $10,145 for press room rental
    • $1,948 for party for Verizon
    • $78 to ship batting helmets from Yankee Stadium to Tropicana Field

Images of actual receipts are here, here and here.

GJNY has issued a media release calling for an audit by City Comptroller (and potential mayoral candidate) William Thompson -- something the city has not done since 2004, when it examined the Yankees' stadium planning costs from 2001 and 2002.

"Considering the impact the new Yankee Stadium has had on the taxpayers and the neighborhood," reads the GJNY statement, "Good Jobs New York calls on Comptroller William Thompson to bring up to date all audits of the team to ensure no improper expenditures were in fact borne by the taxpayers."

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

‘Trojan Horse’: E-Bike Licensing Bill Would Fuel Anti-Immigrant Policing

Council members fail to address the e-bike registration bill's potential harmful outcomes.

December 10, 2024

‘Not Fleshed Out’: Paladino’s E-Bike Ban Falls Flat at Manhattan Civic Panel

A Queens Republican's latest bid to squelch e-bike use fails at Community Board 2.

December 10, 2024

Tuesday’s Headlines: BQE Lies Edition

An anti-congestion pricing group says traffic on the BQE has increased — though the city says the opposite. Plus other news.

December 10, 2024

How Trump’s Mass Deportation Plans Could Make U.S. Roads More Dangerous

President-elect Trump's promise to deport one million people per year will make America's streets less safe.

December 10, 2024

Cycle of Rage: Here’s Why Your Dead Christmas Tree Should Be in the Road, Not on the Sidewalk

The opposite of a heartwarming holiday story? It's the story of Barbara Hutson, who suffered two broken arms after she tripped on some Christmas trees that should have been in the road.

December 9, 2024
See all posts