In the Bronx, the new Yankee Stadium is, according to MLB.com’s Barry Bloom, 90 percent complete. The Yankees will shift their offices across the street in February, and deconstruction of the House that Ruth Built could begin as early as late March. I’ll try to swing by the Stadium in a few weeks to grab a final set of construction photos.
Meanwhile, across town, things aren’t as rosy. While the Mets’ new stadium will be completed on time, Citi, the Mets’ naming rights partner, has seen their stock drop nearly 90 percent this year, and the government is on the verge of bailing out the beleaguered financial institution. The Mets and CitiGroup again reiterated on Friday that the naming rights deal will remain in place, but I’m skeptical. If the Mets lose out on this deal — widely regarded as the most lucrative in sports history — the team will be struggling in this economic climate to find a replacement partner.
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