The New York City comptroller’s office revealed today that the Yankees underpaid their rent by $11 million between 2003 and 2006, including taking the same “stadium planning” credits in 2006 that they took in 2005. The good news: They’re paying it back. Slowly.
City comptroller (and still possible 2009 mayoral candidate) William Thompson issued his long-awaited audit today of items the Yankees deducted from their city rent for “stadium planning” costs, as allowed under the lease they got from Rudy Giuliani as a going-away present in 2001. How long-awaited? The audit (PDF here) covers January 2003 through December 2006, which is so far back that Raul Mondesi and Sterling Hitchcock were still in pinstripes.