Yankees Look To Refinance $1B In Debt Twins Restructuring Baseball Operations Mets Shift Promotional Philosophy Kendrick To Blame For D-backs' Struggles? Hope Solo's Future With NWSL Club In Doubt Domain Registration Hints At Vegas NHL Team Name Coyotes Keep Collecting Dead Contracts Yard Goats May Get Moved If Ballpark Is Not Ready Mara Defends Giants' Decision To Re-Sign Brown Sabres Introduce Dynamic Ticket Pricing
Yankees Look To Refinance $1B In Debt Used To Build New Ballpark In '09Published in SportsBusiness Daily on 08 / 29 / 16
The Yankees are "seeking to refinance" more than $1B in debt that went toward building Yankee Stadium, which opened in '09, according to Kosman & Weiss of the N.Y. POST. A source said that cutting up to $10M annually from the ballpark loans "could make the team profitable." The team borrowed $1....
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