Behold The New York Mets Citi/Taxpayer Field!
By Justin Gardner | Related entries in Bad Decisions, Economy, Good Decisions, Money, New York, Sports
The ailing Citigroup is being fairly targeted for their spendthrift ways.
In 2006, Citigroup signed a 20-year, $400 million contract to name the Mets’ new stadium in Queens Citi Field. As recently as last week, the troubled financial-services conglomerate said it had no intention of backing out of the deal for the new stadium — the replacement for Shea Stadium, which is being demolished.Well now, with Citigroup getting a second multi-billion-dollar rescue from the federal government, two City Council members would like to see Uncle Sam get some credit.
The two councilman, Vincent M. Ignizio and James S. Oddo, both of Staten Island, called on Tuesday for the stadium to be renamed Citi/Taxpayer Field. The two men will soon be the only Republicans on the 51-member Council; the only other Republican, Anthony Como of Queens, was recently defeated in a special election.
My question…why not just “Taxpayer Field” since Citigroup wouldn’t exist anymore without us?
By the way, the Mets declined to comment about this when asked what they thought. Perhaps they like the idea? :-)
This entry was posted on Thursday, November 27th, 2008 and is filed under Bad Decisions, Economy, Good Decisions, Money, New York, Sports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.











November 27th, 2008 at 2:53 pm
How about a good name?
I certainly don’t think Citi is entitled to have its name on the thing any longer, but “Taxpayer Field” is an idiotic name I would find myself spitting out with the same contempt I once used for “Freedom Fries.” It’s inspired by much the same sentiment, for that matter.
November 28th, 2008 at 10:13 am
And my question is “If pro sports are so darn profitable, how come the team owners can’t afford to build their own freakin stadiums?”
… or is the plural of stadium, stadia?