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| 25th October, 2008 - 9:35 am | New York Times - Yankees' president Randy Levine told a Congressional hearing Friday that if New York City had not issued tax-exempt financing for the team’s new stadium, they would have left town.
"It’s been no secret for many years" that the team would move if it could not save tens of millions of dollars on financing with tax-free bonds, Levine said.
He added: "There was no shortage of suitors. We see ourselves as a paradigm in professional sports." [READ] |
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