Recession hits America's pastime

In case you decided to tune out for turkey day this whole week, Citigroup had a rough start, accepting government help to stave off...

In case you decided to tune out for turkey day this whole week, Citigroup had a rough start, accepting government help to stave off further instability. But the troubles at the financial institution are now affecting America's pastime, too: baseball. It called into question the naming deal between Citigroup and the New York Mets.

A $400 million, 20-year deal gave naming rights of the new Citi Field (set to open in April) to Citigroup. But there's the lingering question of what will happen if the worst should befall the banking group. For now, a Mets' media relations spokesperson calls the agreement "firm," and a spokesman for Citi told The New York Times that the organization is still "committed." But, like everything else this year, we'll probably have to wait and see for a definitive answer.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in