
Any association with Citigroup, the nearly failed bank, is bound to hurt the image of the Mets, who already play second fiddle in New York baseball circles. Some criticized the Mets for selling their soul to the highest corporate bidder when the team cooked up the $400M 20-year naming deal with what was America’s biggest bank. That was then, this is now.
Citi Field represents a “loser.” Think Enron Field, where the Astros once played. Or CMGI Stadium, the dot.com bust that purchased naming rights to Foxboro Stadium, now blessedly recast as Gillette Stadium, the home of the New England Patriots. Or PSINet Stadium, the home of the Baltimore Ravens now known as M&T Bank Stadium after PSINet went bankrupt in 2002.
After two catastrophic back-to-back collapses, one would think the last thing Wilpon would want is to have his team play in a house that is hexed. The Mets wouldn’t play in “Black Cat Stadium” would they? [Perhaps, the black cat holds an honored place in NYM history. It was a game time appearance of a black cat in 1969 before Cubs third baseball Ron Santo that jinxed the Cubbies and helped propel the Miracle Mets to their first World Series win, a victory over the much favored Baltimore Orioles.]
Wilpon must consider the PR backlash to be suffered from taking money from an institution that is a ward of the U.S. Government. Taxpayers are on the hook for the federal promise to guarantee $300B in Citigroup’s toxic assets. People across the nation will be reminded of the Citi collapse every time a Mets home game goes on the air. The Mets simply don’t need the distraction.
Also does Wilpon plan to dole out free tickets to the more than 50,000 Citigroup staffers who either got or are getting the ax? Jeff also should consider Citigroup’s shaky long-time future. Odds are less than 50 percent that Citi will be around for 20 years. Is its successor company going to play ball with the Mets?
Two NYC councilmen have proposed the Mets call their new stadium, Citi/Taxpayer Field. Though that moniker represents reality, it is a little much. It has a Great Depression ring to it. I want Wilpon to strike out the Citigroup deal--surely the bank has better use for its naming rights cash.
He should name the stadium New York City Field. That has a nice sound to it. And who knows, it might even attract some fans from the Bronx, the home borough of you know whom.