SMRs and AMRs

Saturday, October 17, 2009

Pricing the Kids Out

By BOB HERBERT
NYT

The Yankees took the field in gruesome weather Friday night — cold, windy, rainy — for the first game of the American League Championship Series against the clumsily named Los Angeles Angels of Anaheim.

The game was played in the new Yankee Stadium, which is equipped with all the upscale accoutrements that are becoming essential in professional sports — enormous video screens to give you the real-life feel of watching the game on television, luxurious restaurants, luxury boxes, outlandish prices and so forth.

You need a mortgage now to get season tickets. Someone recently told me that at the prices the Yankees were originally charging for the best seats in the house, it would have cost around $800,000 for season tickets for a family of four. A lot of those seats stayed empty earlier in the season, so prices were dropped enough so that you only had to be rich to afford them, not superrich.

New York’s other baseball team, the Mets, were pathetic this year, so they’ve gone into hiding. But the Mets have a brand new stadium, too — Citi Field, named for the bank. I can’t think of anything more appropriate.

(Original here.)

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