On this day in 2005 owner George Steinbrenner, with the support of Governer George Pataki and Mayor Michael Bloomberg, announced that the Yankees would be building a new Yankees Stadium. The Yankees would initially finance the entire building which was originally slated to be $800 million but went over that after everything was said and done. The new stadium as we all know would mirror the old stadium and would house over 51,000 people.
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Sorry for the Capatcha... Blame the Russians :)