Yankee Stadium is a baseball park located in Concourse, the Bronx, New York. It is home to the New York Yankees of Major League Baseball (MLB), and the New York City FC of Major League Soccer (MLS). It replaced the original Yankee Stadium in 2009 and is located one block north of the original.
Starting in 1980, the owner of the New York Yankees, George Steinbrenner, began campaigning for a new stadium. In 1984 he ran a report that the owner would be considering moving to the Meadowlands Sports Complex in New Jersey, but the state legislature did not provide funding for the stadium. In a state referendum in 1987, New Jersey taxpayers rejected public funding. In 1988 a second renovation was approved, adding restaurants inside the stadium, along with parking and traffic improvements. However, the owner abandoned the idea. In 1993, the governor of New York, Mario Cuomo, proposed using the West Side Yard as the location of a new stadium for the Yankees. However, Cuomo lost his candidacy for reelection a few months later. By 1995, Steinbrenner had rejected 13 proposals to keep the Yankees in the Bronx. In December 2001, the West Side Stadium plan resurfaced, and in January 2002, months after the September 11 attacks, Rudy Giuliani announced “tentative agreements” for both the New York Yankees and the New York Mets to build new stadiums. Michael Bloomberg’s plan for the stadium was unveiled in 2004 at the same time as the plan for the new Mets stadium, Citi Field.
Finally, after more than two decades, the opening ceremonies of the stadium took place on August 16, 2006, the 58th anniversary of the death of Babe Ruth. Nicknamed “The Bambino” and “The Sultan of Swat,” he was an American professional baseball player whose career in Major League Baseball (MLB) spanned 22 seasons, from 1914 to 1935. The Yankees continued playing in the previous Yankee Stadium during the 2007 and 2008 seasons while their new local stadium was built across the street.
The stadium incorporates replicas of some design elements from the original Yankee Stadium, and like the old stadium, it has hosted additional events, including two NHL outdoor games, college football games, soccer games and concerts. Although the construction of Yankee Stadium began in August 2006, the project lasted for many years and faced many controversies, including the high public cost and the loss of the public park. The general price tag makes the new Yankee Stadium the most expensive stadium ever built.