Wednesday, February 18, 2009

Yankees are rent deadbeats

From NY1:

The Yankees owe the city more than $65,000 in rent payments for the first quarter of last year, according to an audit released by the city comptroller's office today.

Comptroller Bill Thompson says the team has consistently overstated their rent deductions by more than $3.7 million since 2000.

He says the Yankees have a pattern of not paying the city what is owed until it has been audited.

The Yankees are not disputing the audit and plan to pay. Yankees President Randy Levine says that the audit was a routine part of the team's compliance with a complicated lease.

He also said that Thompson should start paying more attention to the mayor's race than the Yankees or else he's going to find himself in a situation similar to a cellar-dwelling baseball team.


Anonymous said...

I wish that I could "Plan to Pay" and still stay in my apartment.

Anonymous said...

Place a lien on the Stadium as you would other private property. We basically own the place anyway with all the subsidies 200M+ to Steinbrenner family to stay in NY!