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Yankees Look To Refinance $1B In Debt Used To Build New Ballpark In '09

Published 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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Tags: New York Yankees, Franchises

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