CitiField

The Mets and Citigroup have agreed on a 20-year sponsorship deal for the team's new ballpark that is worth more than an average of 20 (M) million dollars a year, the most expensive naming rights deal ever. They have the option to extend it to 35 years or until 2054 (since it starts in 2009).
The deal will be formally announced today at the groundbreaking ceremony.




This will end the great run of Shea Stadium which was named for William Shea, a lawyer who helped bring National League baseball back to New York by threatening to form a competing baseball league.
According to legend, Shea attended a game at his namesake park in 1964, and he heard one fan ask another "Who is Shea?"
The reply was "some old ballplayer who died in the war."
This news also ends hopes that Ralph Lauren would pony (pun intended) up and call the place the Polo Grounds.