Sports
Much has been made of Citigroup’s plans to retain naming rights to the New York Mets’ new stadium despite the company’s recent financial woes. The current deal, which was inked in 2006, calls for Citi to pay the Mets $20 million a year for the next 20 years. More than a few members of Congress have expressed displeasure at the prospect of continuing to fund the deal with part of the $45 billion of taxpayer money allotted to Citi as part of stimulus packages. Two New York City councilmen even went so far as to suggest that the new park should be called Taxpayer Field, in honor of those who are actually footing the bill.
By
Jeff Bakkensen
February 26, 2009