NEW YORK (AP) -New York City will receive $11.5 million from the Yankees in exchange for giving the team rights to sell off seats, signs and other memorabilia from their old ballpark.
After two homestands at the new Yankee Stadium dominated by home runs and empty seats near the field, the Yankees and Steiner Collectibles scheduled a news conference for Tuesday to announce memorabilia sales and prices for the original Yankee Stadium, including sod and dirt plus bricks from Monument Park.
“The city’s agreement with the Yankees will generate much-needed revenue for the city, and offer fans a chance to own some of the famed Yankee Stadium history,” New York City Mayor Michael Bloomberg said in a statement Monday.
The Mets sold seats from Shea Stadium at $869 per pair, and the Yankees were expected to charge substantially more. The city said it has earned $3.5 million from the sale of Shea Stadium memorabilia, under which it gets 70 percent of revenue after sale costs and the Mets receive 30 percent.
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