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River Ave. Blues » Memorabilia deal struck, Stadium set for April demolition

Memorabilia deal struck, Stadium set for April demolition

March 26, 2009 by Benjamin Kabak 30 Comments

Hughes focusing on changeup in minor league camp
Spring Training Game Thread: Yanks vs. Phillies

Old Yankee Stadium is now completely grassless, and city crews will soon begin demolition. (Photo courtesy of Tom Kaminski/CBS 880 AM)

The Yankees had one final piece of business pending before the city could proceed with the demolition of the House that Ruth Built. On Wednesday, the team and city moved one step closer to finalize a Yankee Stadium $10 million memorabilia, and as Bryan Hoch reported, demolition of the old park will begin prior to the April 16 home opener.

Seats, foul poles, dugouts, urinals and numerous other items from the old Yankee Stadium will be sold to fans as part of a $10 million deal between the Yankees and New York City, the New York Post reported on Wednesday.

Demolition of the old Stadium will begin next month, prior to the scheduled April 16 opening of the new Stadium. Specifics on the sale of items will be available in the coming weeks, sources familiar with the agreement told the Post.

The old Stadium is owned by the city, which will receive a guaranteed $10 million, plus a percentage of any profits above $15.9 million, in exchange for allowing the Yankees to sell the city-owned portions of the ballpark, which includes all 57,000 seats.

No value has been placed on the seats — probably the most prized stadium position. I have to wonder though if the Yanks and City of New York are going to lose out by waiting so long. The Mets announced their memorabilia sales early last summer when the economy was still relatively strong. Their sales were brisk. The Yanks are going to try to sell in a buyer’s market.

As far as memorabilia goes, I don’t think I’m going to buy any seats, and I wouldn’t touch those urinals with a ten foot pole. Plus, I don’t really have the room for either item right now. One of those signs that say “Beware of foul balls” from the main level, however, would be a nice collector’s item.

What do you want out of the old Yankee Stadium?

Hughes focusing on changeup in minor league camp
Spring Training Game Thread: Yanks vs. Phillies

Filed Under: Yankee Stadium

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