Wednesday, October 28, 2015

Inspector General's Report Cites Sox Crony Capitalism

(FenwayNation Photo)
Finally, the state Inspector General has issued a report on the 2013 deal in which the City of Boston gave away public street access—in perpetuity—to the Red Sox for a relatively modest 10-year payment. Wrote Inspector General Glen Cunha, "In the end, the total price of $7,340,377 the Red Sox paid for the Yawkey Way and Lansdowne Street rights was the equivalent of approximately $6,000 per event day–about the cost of 36 Monster Seat tickets in 2013–and only for ten years." The deal was cut by the Boston Redevelopment Authority (BRA) in the waning days of late Mayor Tom Menino's administration. Basically, it allows the Red Sox to sell game day food and merchandise—without any competition—on Yawkey Way and Lansdowne. It also gives the team rights to the space above another public street to build seats above the Green Monster. Funny, as far as we can tell, The Boston Globe isn't really covering this story.