In an article from Karen Matthews of the AP, the Yankees have gone over budget on the construction of the new Yankee Stadium.
The estimated cost was originally $1B, but the total cost is now at $1.3B. Yankees Chief Operating Officer Lonn Trost told media members during a tour of the new ballpark the cost overruns included $150 million in such enhancements as the giant video screen, $138 million in food and beverage costs not included in the original estimate and $50 million from delays due to a lawsuit by community groups that sought to halt construction of the stadium.
Saturday, February 9, 2008
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