Facility Notes
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Name Of Mets' New Park Appears Safe
Despite Citigroup Laying Off 53,000 Workers |
Citigroup Monday said that it will lay off 53,000 workers, but Mets VP/Media Relations Jay Horwitz said that the company's naming-rights deal for the team's new Citi Field is "not in peril." Horwitz in an e-mail said, "Everything is fine with our naming rights deal for Citi Field." BIZOFBASEBALL.com's Maury Brown wrote if Horwitz' comments are "true, it may be that nothing short of a total collapse by Citigroup will derail the record naming rights deal" (BIZOFBASEBALL.com, 11/17). In N.Y., Filip Bondy wrote about 4,000 of the expected Citigroup job cuts "could be saved immediately by dropping the naming rights, if the Mets would be willing to let Citigroup off the hook." But this situation may be the "ultimate example of corporate excess and mismanagement" (NYDAILYNEWS.com, 11/18).
BAY WATCH: The city of Fremont, California, on December 8 will hold a public hearing to allow residents to "comment on the environmental impact" of the A's ballpark village proposal. The city "must address all comments" from the meeting in a "draft environmental impact report, set to be released in the spring." Fremont Dir of Community Development Jill Keimach said that the comments "could significantly affect the project." Keimach: "If we get a whole bunch of comments that say that this isn't an appropriate plan for the site (environmentally), then the A's would have to regroup" (FREMONT ARGUS, 11/19).
SADDLE UP: New Jersey State Sens. Richard Codey and Jennifer Beck yesterday asked Gov. Jon Corzine to "create a commission of experts who will find ways for horse-racing to thrive without subsidies from casinos." Many New Jersey officials believe that the state "should run video slots in the Meadowlands," and Beck estimated that 10,000 slot machines would add $800M to state revenues (Newark STAR-LEDGER, 11/19).
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