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Viva Medias B's
06-15-2005, 07:58 AM
Today, the Yankees will announce (http://nydailynews.com/front/story/319168p-272729c.html) that they are building (http://newyork.yankees.mlb.com/NASApp/mlb/news/article.jsp?ymd=20050614&content_id=1089291&vkey=news_nyy&fext=.jsp&c_id=nyy) a new stadium next to Yankee Stadium. The team will pay the for construction while the city and state will contribute infrastructure costs around the new ballpark. It will be interesting to see what "The House that George Will Build" looks like.

The Yankees hope to break ground next year and complete the new ballpark for the 2009 season.

wdelaney72
06-15-2005, 08:40 AM
I hope the plans include enough space for ESPN to move in and set up HQ. That would only be appropriate.

Viva Medias B's
06-15-2005, 08:48 AM
This would present a dilemma for ESPN, since they love the Red Sox and Cubs so much as well. I guess they would have to split their Bristol HQ into three regional hubs so that they can be near their beloved.

Fenway
06-15-2005, 02:33 PM
YANKEES TO ANNOUNCE NEW STADIUM PLANS

Today at 4:00 p.m. ET, the Yankees will unveil renderings
for a new, self-financed Yankee Stadium, replacing the
current one that opened in 1923.

Yankees principal owner George Steinbrenner, New York
Governor George Pataki and New York City Mayor Michael
Bloomberg are expected to headline the event.

WATCH or LISTEN LIVE on yankees.com (http://yankees.com/) >>
http://click.mlb.com/ct/click?q=c6-URF9QMLMOcRahvpWdTXBe89ku0PR (http://click.mlb.com/ct/click?q=c6-URF9QMLMOcRahvpWdTXBe89ku0PR)

The biggest buzz will be over the unveiling of renderings of
the new stadium, giving Yankees fans their first looks at
the future home of their team.

The Yankees organization has spent years developing plans
for the self-financed stadium that will rise in Macombs Dam
Park, adjacent to and north of the current field. Construction
on the planned 51,000-seat park is expected to begin in
2006, and should conclude in time for the 2009 season.

COMPLETE COVERAGE on yankees.com (http://yankees.com/) >>
http://click.mlb.com/ct/click?q=f0-nv_DQWgvJyIP7c42fqU3OtncmaeR (http://click.mlb.com/ct/click?q=f0-nv_DQWgvJyIP7c42fqU3OtncmaeR)

~ WATCH or LISTEN to the press conference LIVE on yankees.com (http://yankees.com/) ~
WATCH LIVE >>
http://click.mlb.com/ct/click?q=1a-y6ZkIlXfiC~SYxDd5qwlxFb2RWlR (http://click.mlb.com/ct/click?q=1a-y6ZkIlXfiC~SYxDd5qwlxFb2RWlR)
Listen LIVE on MLB Radio >>
http://click.mlb.com/ct/click?q=59-y53oIEnGutdVwB~lpW1plGQ7dtdR (http://click.mlb.com/ct/click?q=59-y53oIEnGutdVwB~lpW1plGQ7dtdR)

Palehose Pete
06-15-2005, 02:38 PM
I hope the plans include enough space for ESPN to move in and set up HQ. That would only be appropriate.



:rolling: ROTFLMAO!

Tekijawa
06-15-2005, 03:22 PM
I have to admit that this is a little sad, I guess I only have 3 more years to make it to Yankee Stadium!

Fenway
06-15-2005, 04:45 PM
George is moving out because Boston won a pennant there finally :smile:
http://a.abclocal.go.com/images/wabc/2005/wabc_061505_yankees10.jpg (http://abclocal.go.com/wabc/features/wabc_061505_yankees_slides/wabc_061505_yankees1.html)
will shed NO tears over the end of Shea
http://a.abclocal.go.com/images/wabc/2005/wabc_061505_yankees9.jpg (http://abclocal.go.com/wabc/features/wabc_061505_yankees_slides/wabc_061505_yankees10.html)

DumpJerry
06-15-2005, 04:48 PM
51,000 seats!!!! Does it come with telescopes?

I suppose there will be a dungeon room where poorly performing players are shackled to the wall and whipped by King George much like those medieval prisons in Old England.....

Fenway
06-15-2005, 04:52 PM
LIVE from WNBC-TV

http://wnbc.feedroom.com/iframeset.jsp?ord=763598

SomebodyToldMe
06-15-2005, 05:45 PM
I have to admit that this is a little sad

I agree with you on that one.

Fenway
06-15-2005, 05:59 PM
I agree with you on that one.

It won't be the same

http://nydailynews.com/front/breaking_news/story/319227p-272978c.html


The proposed ballpark would have fewer seats than the 82- year-old Yankee Stadium and triple the number of luxury suites. The Yankees would pay for it with tax-exempt financing, and New York City would contribute about $135 million toward park land in the area and improvements to the building site. "Today's announcement is not the end of a legacy, it's a continuation of one," team President Randy Levine said at a news conference at Yankee Stadium attended by Governor George Pataki, Mayor Michael Bloomberg and Yankees principal owner George Steinbrenner.

BRDSR
06-15-2005, 06:43 PM
51,000 seats!!!! Does it come with telescopes?



Thats actually 4 or 5 thousand less seats than there are at the current Yankee Stadium, however I did read an article that said that additions would be possible.

I for one have always wanted to go to Yankee stadium and so far haven't gotten the chance. I will have to make sure to see one of the 270+ remaining games before they tear it down.

Fenway
06-15-2005, 06:46 PM
http://a.abclocal.go.com/images/wabc/2005/wabc_061505_yank1.jpg (http://abclocal.go.com/wabc/features/wabc_061505_yankees_slides/wabc_061505_yank2.html)http://a.abclocal.go.com/images/wabc/2005/wabc_061505_yank3.jpg (http://abclocal.go.com/wabc/features/wabc_061505_yankees_slides/wabc_061505_yank4.html)
http://a.abclocal.go.com/images/wabc/2005/wabc_061505_yank5.jpg (http://abclocal.go.com/wabc/features/wabc_061505_yankees_slides/wabc_061505_yank6.html)

SomebodyToldMe
06-15-2005, 06:52 PM
At least it'll still be called Yankee Stadium..For now anyway.

bigfoot
06-15-2005, 07:26 PM
Won't the temptation to be called "YES Network Stadium" be too much? The Hawkeroo will be in heaven.

NonetheLoaiza
06-15-2005, 08:05 PM
Won't the temptation to be called "YES Network Stadium" be too much? The Hawkeroo will be in heaven.

Well, doesnt George own YES? Or is that owned by some local teams?

What amazes me about the ballpark is that it is entirely financed by the team. Obviously it is because they play in NY, but holy cow. That's just nuts.

Cubbiesuck13
06-15-2005, 08:42 PM
Well, doesnt George own YES? Or is that owned by some local teams?

What amazes me about the ballpark is that it is entirely financed by the team. Obviously it is because they play in NY, but holy cow. That's just nuts.

Hard to knock him for that. With the city spending so much on the surounding area it seems George has proved to be the Anti-Jerry yet again. It's bizarro world. Spending money to make money... Ya listening Jerr?

Lip Man 1
06-16-2005, 12:44 AM
The Robbie family built the Dolphins Stadium with their own money, ditto for McGowan in San Francisco.

One doesn't have to resort to 'extortion' to get a stadium built unless they simply want to.

Lip

NSSoxFan
06-16-2005, 12:46 AM
The Robbie family built the Dolphins Stadium with their own money, ditto for McGowan in San Francisco.

One doesn't have to resort to 'extortion' to get a stadium built unless they simply want to.

Lip

Lip, I think you just listed the only two stadiums in the major sports that were built with the owners' money.

Banix12
06-16-2005, 01:24 AM
What amazes me about the ballpark is that it is entirely financed by the team. Obviously it is because they play in NY, but holy cow. That's just nuts.

Usually the teams that get the state to pay for the stadium use the "We need a new stadium to compete" excuse. Obviously a team that spends $200 million on 25 players can't make that excuse. The only way the stadium was gonna get build was by George's own money, and frankly he can probably pay for the stadum using just the revenue generated from Yankees T-shirt sales.

It just seems weird to build a stadium that looks strangely similar to the one you are abandoning for the sake of luxury boxes, though I understand that over a period of a few years, the luxury box revenue alone will be well above the $800 million the stadium will cost.

Lip Man 1
06-16-2005, 01:52 AM
NS Sox Fan:

Doesn't matter how many does it?

It shows it can be done if the ownership wants to. In the book 'The Big Show,' Keith Olbermann (a noted baseball historian) blasts holes six ways to Sunday in this arguement that owners can't 'afford' to pay for these things themselves.

Lip

Cubbiesuck13
06-16-2005, 01:59 AM
NS Sox Fan:

Doesn't matter how many does it?

It shows it can be done if the ownership wants to. In the book 'The Big Show,' Keith Olbermann (a noted baseball historian) blasts holes six ways to Sunday in this arguement that owners can't 'afford' to pay for these things themselves.

Lip

When the owners get a city to pay for it how does the revenue work? Does the city get the proffits or doeshe owner and the city split them? I remember reading a clause that JR has or had in the contract that had him making money if a certain number of fans didn't show up that season. That may be off base. Does anyone have the real deal?

21whitesoxway
06-16-2005, 02:02 AM
any1 else think it's kind of strange that george announces he's building a new stadium less than a week after the Mets announce they will share the new gianst stadium. it just makes me think of seinfeld, he was prolly like, "costanza, i heard the mets r building a new stadium, get me a new one too, and make it a quarter billion more expensive, and oh yeah by the way, have the plans on my desk by wednesday." Followed by a meeting of bungling execs. who decide to make an exact replica of the house that ruth built. just my semi-humorous take on things.:rolleyes:

TheOldRoman
06-16-2005, 03:36 AM
any1 else think it's kind of strange that george announces he's building a new stadium less than a week after the Mets announce they will share the new gianst stadium.
The Mets arent sharing the new Giants Stadium, they are going to build a stadium across the street from Shea. It will open in 2009, and then be reconstructed to increase capacity to 80,000 in case NY gets the 2012 summer olympics.

Viva Medias B's
06-16-2005, 07:52 AM
The Mets arent sharing the new Giants Stadium, they are going to build a stadium across the street from Shea. It will open in 2009, and then be reconstructed to increase capacity to 80,000 in case NY gets the 2012 summer olympics.

If the new Mets stadium is expanded to accommodate the Olympics, would the East Rutherford Giants (or the East Rutherford Jets) relocate to Flushing?

You know, if I were the Mets, I'd abandon Flushing and all that LaGuardia jet noise. I think Brooklyn would be a better place for a Mets stadium, somewhere right across the river from Manhattan.

wdelaney72
06-16-2005, 08:06 AM
any1 else think it's kind of strange that george announces he's building a new stadium less than a week after the Mets announce they will share the new gianst stadium. it just makes me think of seinfeld, he was prolly like, "costanza, i heard the mets r building a new stadium, get me a new one too, and make it a quarter billion more expensive, and oh yeah by the way, have the plans on my desk by wednesday." Followed by a meeting of bungling execs. who decide to make an exact replica of the house that ruth built. just my semi-humorous take on things.:rolleyes:

Both teams have been working on new stadium plans for a long time, in fact, it goes back to pre 9/11. Rudi was backing stadium plans for the Mets and Yankees. Once 9/11 happened, stadium discussions quickly were placed on hold.

RedHeadPaleHoser
06-16-2005, 08:22 AM
At least it'll still be called Yankee Stadium..For now anyway.

Wait one year - after the ESPN museum with the Chris Berman wing is added, it'll be re-named to Baseball Tonight Arena, with a statue of Peter Gammons out front. No teal.

mrwag
06-16-2005, 09:15 AM
It just seems weird to build a stadium that looks strangely similar to the one you are abandoning for the sake of luxury boxes, though I understand that over a period of a few years, the luxury box revenue alone will be well above the $800 million the stadium will cost.

Let's face it, even though it's been remodeled, the structure is still old, and lacking modern conveniences. Nothing lasts forever. I for one think it's a pretty nice looking place, and does a good job giving you the Old Yankee Stadium look.

anewman35
06-16-2005, 09:23 AM
If the new Mets stadium is expanded to accommodate the Olympics, would the East Rutherford Giants (or the East Rutherford Jets) relocate to Flushing?

No, it would just be a temporary expansion (like in Atlanta, although of course in Atlanta they expanded it before they ever used it for baseball).

Flight #24
06-16-2005, 10:31 AM
When the owners get a city to pay for it how does the revenue work? Does the city get the proffits or doeshe owner and the city split them? I remember reading a clause that JR has or had in the contract that had him making money if a certain number of fans didn't show up that season. That may be off base. Does anyone have the real deal?

It usually works like this: If the city/state owns the stadium, then the team pays rent. If the owner owns it, then there's either no rent, or if it's owned through another subsidiary company, then that firm would get rent. The key is that whoever pays to build the stadium owns the asset and therefore whatever cash flows are generated from the asset. IIRC, the Sox didn't get anything from the naming rights payment by US Cellular. That money went to ISFA with the caveat that it be used to improve the ballpark. It could not go to line ownership's pockets or increase payroll.

The Sox deal has a clause that if attendance falls below a certain amount, the rent payments drop (or are eliminated). This ensures that the team makes money even in low attendance years. It's also been theorized (IIRC, by noted sports economist Carlton Fisk) that JR wants to keep attendance below the "rent threshold" because he actually makes more money that way.

Frater Perdurabo
06-16-2005, 10:55 AM
Lip, I think you just listed the only two stadiums in the major sports that were built with the owners' money.

I think the new Patriots stadium was built with private money as well. Gee, the Patriots sure are at a competitive disadvantage....

wdelaney72
06-16-2005, 01:09 PM
I hope everyone notices the giant billboards aong the outfield. Oh wait, I thought only Jerry did that.

TheOldRoman
06-16-2005, 05:53 PM
Both teams have been working on new stadium plans for a long time, in fact, it goes back to pre 9/11. Rudi was backing stadium plans for the Mets and Yankees. Once 9/11 happened, stadium discussions quickly were placed on hold.
Yep, and they were both supposed to get retractable roofs.

Lip Man 1
06-16-2005, 09:14 PM
Flight:

According to the book The Lords Of The Realm when discussing Uncle Jerry's 'sweetheart lease' they mention another clause that states the state of Illinois will buy x number of tickets to bring attendence up to a minimum level. (If memory serves it was 1.2 million)

Now this may not be part of his new lease agreement, however it states clearly that this was part of the original deal.

Lip

skobabe8
06-16-2005, 09:22 PM
I think the outside of the new Yankee Stadium looks cool, but does the roof remind anyone else of Olympic Stadium in Montreal? And does the inside have to stay exactly the same as it is now, except for a few more seats downstairs? I dont like the inside at all.

Flight #24
06-16-2005, 10:24 PM
Flight:

According to the book The Lords Of The Realm when discussing Uncle Jerry's 'sweetheart lease' they mention another clause that states the state of Illinois will buy x number of tickets to bring attendence up to a minimum level. (If memory serves it was 1.2 million)

Now this may not be part of his new lease agreement, however it states clearly that this was part of the original deal.

Lip

You're right, my mistake. It's not a rent decrease, it's a minimum attendance clause. Either way, it guarantees some sort of minimum revenue to the club (although they'd have to be REALLY bad to have that kick in, and I can't believe that they don't make more money with 2+mil than they would if they exercised that clause).

MisterB
06-17-2005, 12:02 PM
IIRC, the main points of the deal with the ISFA were:

1.) $2.50 paid on every full-price ticket sold starting at 1.2M and topping out at 2M (so between $3-5 million paid once that criterion is met).

2.) ISFA gives $5M/year for stadium maintenance.

3.) If after 10 years (making it effective as of 2001) attendance drops below 1.2M, the ISFA would buy 300,000 tickets.

The first point is the stickler since it specifically stipulates full-price tickets sold. The Sox, like all teams, give quite a few comp tickets over the course of a season which I don't think count toward that total, and neither would the half-price tickets on Tuesdays, etc.

The third point has not come into play as the Sox haven't drawn under 1.2M since the new park opened, let alone the last 4 years.

wdelaney72
06-17-2005, 03:04 PM
I think the outside of the new Yankee Stadium looks cool, but does the roof remind anyone else of Olympic Stadium in Montreal? And does the inside have to stay exactly the same as it is now, except for a few more seats downstairs? I dont like the inside at all.

Roof? Do you mean seating bowl?

I think the towering seating bowl which extends much higher than the outer structure looks a lot like the architectual masterpiece that is the renovated soldier field.

I'm not very impressed with the design. The thing that makes Yankee Stadium special are all of the championship banners which are proudly displayed. Otherwise, it looks like a very average venue. I think they should have come up with something a little more creative.

Paulwny
06-17-2005, 03:08 PM
I've never had and never will have the desire to attend a game at Wrigley Field East Coast.

Fenway
06-17-2005, 03:41 PM
I think the new Patriots stadium was built with private money as well. Gee, the Patriots sure are at a competitive disadvantage....

AND they did not charge PSL's to season ticket holders like a team I can think of that plays just south of Grant Park.

tickets are higher than the norm but nobody can complain about end result this decade
http://www.patriots.com/images/stadium/2005_seating_chart.gif

owensmouth
06-17-2005, 05:11 PM
So if Steinbottom owns the new stadium, does that mean he's gonna be paying the property taxes on the new monstrosity?

Fenway
06-17-2005, 05:16 PM
So if Steinbottom owns the new stadium, does that mean he's gonna be paying the property taxes on the new monstrosity?

are you kidding?

http://www.nyc.gov/portal/index.jsp?epi_menuItemID=c0935b9a57bb4ef3daf2f1c70 1c789a0&epi_menuID=13ecbf46556241d3daf2f1c701c789a0&epi_baseMenuID=27579af732d48f86a62fa24601c789a0&pageID=mayor_press_release&catID=1194&doc_name=http%3A%2F%2Fwww.nyc.gov%2Fhtml%2Fom%2Fht ml%2F2005a%2Fpr233-05.html&cc=unused1978&rc=1194&ndi=1

It will be built on New York Park District land and the old Stadium will become a park....

Under this new agreement, the Yankees will lease the site for the new stadium for an initial term of 40 years and will be responsible for paying the entire cost of construction including any cost overruns. The Yankees will also be solely responsible for the cost of ongoing maintenance at the new stadium. In addition to contributing $135 million and $70 million, respectively, the City and State will each contribute upfront about $5 million to a capital reserve fund for the new stadium. These appropriations will have to go through the normal budget processes of the City and State, and the Yankees will be responsible for any capital replacement costs in excess of this amount over the next 30 years.

The City will use its funds to create parks and walkways that will be open to the public 365 days a year. The City's contribution represents a critical investment in New York City's future, as it is expected that the $135 million invested today will produce approximately $350 million in benefits in new revenue and capital cost savings for the City over the next 30 years. In addition, the City will save $25 million that it would have spent to rehab the existing Macombs Dam Park. As part of the agreement, the City will extend the Yankees' current leases at the old stadium through December 31, 2008, and allow the Yankees to continue to apply a $5 million credit against its annual rent for 2006, 2007 and 2008.

owensmouth
06-17-2005, 05:27 PM
Here's hoping there's lots of cost overruns. Thanks for that info Fenway

Huisj
06-17-2005, 05:47 PM
The inside looks pretty normal, kind of like a watered down version of the Cell, except for the gap between the lowest level and the back part of the lower deck. I don't really think it's that great looking. I think the Cell has more personality. With that rounded roof thing, it seems like it'll have the weird closed-in feeling of the old round multipurpose stadiums like Busch and Riverfront. Doesn't seem like a very warm or inviting open design. Looking at those picture makes me think of cold windy rain delays for some reason.

Deadguy
06-17-2005, 11:19 PM
When I read it would have a lot of the same characteristics as the pre-renovated Yankee Stadium of the mid 70s, I was hoping that would include the original field dimensions:

Left field: 280.58 ft. Left side of bullpen gate in short left-center: 395 ft. Deepest left-center: 500 ft. Center field: 487 ft. Deepest right-center: 429 ft. Left side of bullpen gate in short right-center: 350 ft. Right field: 294.75 ft.

Although with Pay-Rod going for Aaron's record, it would never happen, but it would have been fun to watch a game with field dimensions like that.