Since [the new Yankee Stadium] opened in April, scads of empty seats in prime locations have compelled the team to cut prices. Tickets to a recent Boston Red Sox game, usually a hot item, were selling for $8 on StubHub ...The Yankees may set a new record for consecutive non-sellouts.
What if this $1.5 billion ballpark doesn't help the team? Is it possible that this magnificent facility could fail? ...
The new Yankee Stadium has seemed cursed from the beginning, as if Babe Ruth disapproved of the abandonment of the house he built. That it opened during a recession, with a major-league-high $72.97 average price for a nonpremium ticket (up 76% over 2008, according to Team Marketing Report) has created contempt among fans who otherwise love the team. ...
"They've made almost every mistake you can make," says Roger Noll, a professor of economics emeritus at Stanford. "There's nothing that's been as unpopular as this."
A WSJ comment from Paul Cenzoprano (who named "Jetter" among the team's great players):
I am standing up today, while the team is suffering to say a the Stadium is great, a tribute to baseball, and a national treasure; furthermore the Yankees are, as I write this, scraping the season back together and will be successful this season. The team owes it to those who dedicated years of effort poured into this new great stadium. Built with heart and soul, the new Yankee Stadium deserves nothing less then ever ounce of this teams heart and soul poured back into it and into this season.Is this parody? I fear it is not.
Last night at the National Treasure, the Yankees went wild celebrating the fact that they are one game over .500: