News & Politics

Your Turn: Where the Yankees Spend Big


With the Yankees safely on the road to the postseason (a 98 percent shot of
getting there, according to Baseball
Prospectus’ Playoff Odds Report
) the Voice this week takes a look at
the team’s two big-money issues: The $1.3 billion stadium project it’s
building in the Bronx’s Macombs Dam Park, and the $250 million third-base
project named Alex Rodriguez.

Allen Barra investigates why A-Rod has become the player
Yankee fans (and tabloid headline writers) love to hate
, despite being
one of the best players in baseball history–and a Washington
Heights-born Dominican-American with good manners and movie-star looks to
boot. Is it because he became a star while in an enemy uniform? (So did
Reggie Jackson.) Because he can’t hit in the clutch? (His postseason stats
are better than Joe Dimaggio’s.) Or because at $25 million a year, as BP’s
Nate Silver puts it, “Babe Ruth would have been overpaid”?

Meanwhile, I take another look at how the Yanks billed city
taxpayers for millions in front-office expenses
, including the
salaries of several of George Steinbrenner’s relatives and the fees for
attorneys who drew up the sweetheart lease in the first place. City
comptroller William Thompson knew about the dubious charges, but never
called attention to them in public; meanwhile, Mayor Bloomberg bargained
away a chance to recoup “stadium planning” costs from the Mets and Yanks
when he redid Rudy Giuliani’s original stadium deals–effectively adding
an extra $46 million to the two stadiums’ cost to taxpayers.

So for A-Rod and the new stadium project—Bronx cheers or the regular kind?

Most Popular