In 1973, George Steinbrenner and a group of investors bought the New York Yankees for $10 million. Mr. Steinbrenner’s contribution to obtain a majority interest was $800,000.
In 2009, when the New York Yankees open their new ballpark in the Bronx, a season ticket package for four seats in the first five to eight rows behind home plate will run you a cool $810,000. The kicker – all 122 of the front row seats have been sold/committed (and the stadium is not yet built).
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