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Audit Report On The Compliance Of Staten Island Minor League Holdings, LLC (Si Yankees) With Their Lease Agreement November 1, 2007?October 31, 2009

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NYC signed a 20-year lease with the Staten Island Yankees, requiring the SI Yankees to pay the City annually, follow an attendance criteria, and a ticket fee for each complimentary ticket. It also requires them to pay a monthly rent for the team store and that they submit to the Economic Development Corporation and attendance report and a statement of signage revenue. The audit finds that the SI Yankees maintained the required property and liability insurance. They, however, underreported attendance for the 2009 baseball season.

Agency
Subject
Report type
  • Annual Report
Date published
  • 2010-11-09

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