Subcommittee Widens Investigation of New Yankee Stadium Deal

Congressman Dennis J. Kucinich, Chairman of the Domestic Policy Subcommittee of the House Oversight and Government Reform Committee, today requested documents relating to a provision in the new Yankee Stadium deal that entitles New York City government officials to free use of a luxury box that will be built in the new stadium and preferential rights to purchase up to 180 tickets for each Yankees home game. Chairman Kucinich made his requests to the New York Yankees, the Mayor of New York City, and the New York City Economic Development Corporation. A similar request was made to the New York Mets, which has a similar luxury box and preferential ticket purchase arrangement with New York City for the team’s new stadium.

This inquiry is the second in as many weeks. The Subcommittee had earlier requested documents pertaining to the assessment of the property in the Yankee Stadium deal. Land values for identical parcels on which the new stadium is being built reportedly varied from $21 million to $204 million.