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NY Yankees: Subpoena Will Cost Taxpayers $5M

 Joy Purdy     Created: 6/1/2009 3:12:51 PM    Updated: 6/1/2009 3:16:05 PM
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ALBANY, NY -- New York Yankees officials say it would cost taxpayers more than $5 million if the team is forced to provide internal records sought by lawmakers looking into public financing of the club's new stadium.

Assemblymen Richard Brodsky, a Westchester Democrat, and James Brennan, a Brooklyn Democrat, are questioning nearly $4 billion in public-supported financing the Yankees got to build the new ballpark.

They say many ticket prices have been hiked beyond the reach of fans.

Speaking during a court hearing in Albany Monday, Yankees CEO Lonn Trost says 90 percent of non-suite stadium tickets cost under $100.

The hearing is scheduled to continue later Monday.

©2009 Associated Press. All rights reserved. This material may not be published, rewritten, or redistributed.



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